The National Association of Realtors (NAR) reported that existing-home sales in August were the highest they’ve been in 17 months. They were up 1.3% from July and gained 2.6% over August 1018’s sales rate. What Are Existing-Home Sales? As the term implies, existing-home sales refers to completed resales of existing Continue Reading →
The way technology continues to evolve, it’s not very difficult to imagine a day when real estate is traded online like stocks and bonds. When you think about it, buying and selling real estate is still a very old school process with a lot of paper-pushing and tedious steps involved. Continue Reading →
We’ve talked a lot about mortgage rates on the Transparent Mortgage Blog lately, but it’s a good time now to check on what’s been happening with home prices. They seem to be on the rise once again. Home Price Index Data CoreLogic released its Home Price Index (HPI) for July Continue Reading →
There is an inverted Treasury yield curve that is currently happening because of the China trade war, Fed rate cuts and other unique market factors. It’s an abnormal situation, and it’s one that some people worry is a sign of an impending recession. Yet, how it’s affecting mortgage rates is Continue Reading →
If you’ve been following the news lately, then you’ll already know that the financial market has had a lot of interesting twists and turns. It primarily stems from the trade war with China and fears of another recession on the horizon. The Federal Reserve and central banks worldwide have continued Continue Reading →
