Tag Archives: Housing Trends

Mortgage rates barely budged heading into the Independence Day weekend, keeping them below last year's levels. According to Freddie Mac's Primary Mortgage Market Survey, the average interest rate for a 30-year fixed-rate mortgage (FRM) product was 4.12 percent (0.5 point) for the week ending July 3, down 2 basis points from the final June survey.

Millennials are so hot right now. Advertisers spend sleepless nights wondering how to associate this “cool” generation with their products and services. In their annual “State of the Nation’s Housing” report, the Joint Center for Housing Studies of Harvard University suggested that participation in the housing market from the segment of the population age 18 to 34 is also the key to a robust housing recovery.

Realtor.com released its February Monthly Housing Trend Report, which showed an increase in listing prices as well as an increase of housing inventory. The increase in both list price as well as inventory points to a "strong early beginning to this spring's home buying season," the report said.