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In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
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Freddie Mac reports an average 6.60% for a 30-year fixed-rate mortgage, down 9 basis points from last week's average 6.69%, according to its weekly Prime Mortgage Market Survey of nationwide ...
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom or reduce interest rates. [1]
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Freddie Mac reports an average 6.60% for a 30-year fixed-rate mortgage, down 9 basis points from last week's average 6.69%, according to its weekly Prime Mortgage Market Survey of nationwide ...
The current average interest rate for a 30-year fixed mortgage is 6.90% for purchase and 6.87% for refinance, down 3 basis points from 6.93% for purchase and 4 basis points from 6.91% for ...