Mortgage rates could remain stuck above 6% for the next several years, according to newly released projections from the economists at the Mortgage Bankers Association. MBA Chief Economist Mike Fratantoni presented the forecast at the group’s annual conference in Las Vegas on Sunday, projecting that 30-year fixed mortgage rates will remain roughly in the ...
Continue ReadingA new survey of American millennials found 58% of respondents feeling that their tight financial state is forcing them to choose between homeownership and retirement security. The Harris Poll survey from Nationwide Retirement Institute found more than one-third (35%) of millennials citing rising housing costs as the biggest obstacle to ...
Continue ReadingSeventy new down payment assistance programs were launched across the country during the third quarter, according to a new data report from Down Payment Resource (DPR). This brings the total number of active assistance programs nationwide to 2,624. More than 2,000 counties now have 10 or more down payment assistance ...
Continue ReadingPowered by IXACT Contact® Real Estate CRM Software
