2020 is a wild ride. We could only guess how the market would react, so as we near the end of the year, with the pandemic going strong, we can reflect on the progress we've made so far, and look at the trends that will continue into 2021.

Potential secondary homeowners are preparing for soaring infection rates.

Housing affordability is influenced by several factors, such as yearly income, home value, supply and demand, mortgage rates, and labor market.

Real estate agents report that June was the second month in a row in which high competition occurred. Bidding wars within the United States were more common than expected.

Despite a rapid increase in home prices, mortgage rates have dropped to their lowest point in three years. As of Tuesday, the average rate for a 30-year conforming mortgage nationally was 3.6 percent, down 2 points from last week. This drop means a 6 percent increase in buying power.

There are disadvantages to lower mortgage rates however. Credit availability declines marginally as the rates decline. With a small margin, lenders become more risk averse so indicators of credit tightness like the average FICO scores have gone up as rates have gone down.

For many people, a mortgage will be their largest monthly expense.  Most homebuyers fail to properly prepare or negotiate and end up paying much more for their loans than they need to. If you clicked on this article, you’re already on the right track. Here are 5 things to avoid when selecting a mortgage.

This trick can save you around $100,000 on your mortgage if you plan accordingly. It's definitely something to consider!

As a result of the recovering economy and the Federal Reserve stimulus program that created an artificial cap, mortgage rates will inevitably rise. As this shift happens, homeowners who would usually consider selling their current homes to buy new homes actually hold onto them in order to keep their historically low mortgage rates, rather [...]

Mortgage Rates on the Rise!

            Average U.S. mortgage rates rose modestly this week, a move that makes home-buying a bit less affordable. Still, rates remain near historically low levels.

            Mortgage buyer Freddie Mac said Wednesday that the average rate on the 30-year loan increased to 4.29 percent from 4.22 percent last [...]