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topStories Friday, April 22, 2022
Mortgage Rates Climb for Seventh Straight Week
“Mortgage rates increased for the seventh consecutive week, as Treasury yields continued to rise,” said Sam Khater, Freddie Mac’s chief economist. “While springtime is typically the busiest homebuying season, the upswing in rates has caused some volatility...
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Average Closing Costs for Purchase Mortgages Increased 13.4% in 2021

The national average for mortgage closing costs for a single-family property in 2021 was $6,905 including transfer taxes and $3,860 excluding transfer taxes...
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Affordable Homes in the Big City: Does $150,000 Get You Anything Anymore?

For first-time buyers on a budget, affordable homes have become increasingly scarce, especially for those looking to buy in large metro areas...
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New-Home Purchase Mortgage Applications Decrease 5% Year-Over-Year

Mortgage applications for new home purchases decreased 5% compared to a year ago, according to the MBA’s March 2022 Builder Application Survey...
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Social Media and Marketing Tips for Your Real Estate Niche: FSBO

For some real estate agents, For Sale By Owner (FSBO) properties can be challenging to prospect. For others, it’s an opportunity. In fact, this can...
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