Pending Home Sales Increase as Home Values Continue to Accelerate
30 Second Market Update
May 05, 2025
Pending home sales, which measures signed contracts on existing homes, rose by 6.1% in March 2025 which was the largest monthly increase since December 2023—according to the National Association of […]
Sellers Are Finally Having to Give Concessions
30 Second Market Update
April 28, 2025
According to Redfin’s national report, home sellers are increasingly offering concessions, such as covering repair costs or helping buyers with mortgage rate buy-downs, to close deals in today’s market. 44% […]
Mortgage Insurance Premium Tax Write-Off Back On The Table
30 Second Market Update
April 21, 2025
A bipartisan group of lawmakers, led by Rep. Vern Buchanan (R-FL) and Rep. Jimmy Panetta (D-CA), has introduced the Middle Class Mortgage Insurance Premium Act to restore and expand the […]
Consumers Are Poised to Act When Rates Present An Opportunity
30 Second Market Update
April 14, 2025
According to the Mortgage Bankers Association, mortgage applications jumped 20% the first week of April—the highest since September 2024—as falling interest rates sparked renewed activity in the housing market. Refinance […]
Baby Boomers are Driving the Housing Market
30 Second Market Update
April 07, 2025
The National Association of Realtors’ 2025 Homebuyers and Sellers Generational Trends report showed that baby boomers have overtaken millennials as the largest group of homebuyers, making up 42% of purchases […]
Home Prices Continue to Appreciate
30 Second Market Update
March 31, 2025
The Case-Shiller Home Price Index, which is known as the best way to track home prices, showed that home prices went up by 0.6% in January. Compared to last year, […]
Mortgage Rates Drop to the Lowest Level in Five Months
30 Second Market Update
March 17, 2025
Mortgage rates have dropped to their lowest level in five months, sparking increased activity in the housing market. The 30-year fixed-rate mortgage has reached its lowest point since October 2024, […]
Understanding Cash-Out Refinancing: What It Is and How It Works
Knowledge Base
March 13, 2025
A cash-out refinance is a popular financial strategy that allows homeowners to tap into the equity they’ve built in their homes. It’s a way to access cash by refinancing your […]
Mortgage Demand Surges Higher After Interest Rates Drop
30 Second Market Update
March 10, 2025
A recent drop in mortgage interest rates has spurred a surge in loan demand, both from current homeowners and potential buyers. Mortgage application volume rose in the last week of […]
How to Use Your Home’s Equity to Pay Off High-Interest Credit Card Debt
Knowledge Base
March 04, 2025
If you’re struggling with high-interest credit card debt, you’re not alone. Many homeowners find themselves balancing substantial credit card payments while owning a valuable asset: their home. Leveraging your home’s […]
Real Estate Continues to Heat Up
30 Second Market Update
March 03, 2025
The Case-Shiller Home Price Index, known as the top measure for home appreciation, showed that home prices went up by 0.5% in December after adjusting for seasonal trends. The unadjusted […]
Getting a Mortgage with a New Job: What You Need to Know
Knowledge Base
February 24, 2025
Starting a new job is an exciting chapter in life. Whether you’ve just landed your dream role or transitioned to a new industry, this career move might also come with […]
