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Mortgage Rates Hold Mostly Steady

Uncategorized / Ricky Vasquez

After moving moderately lower to start the new week yesterday, mortgage rates backtracked ever-so-slightly today.  Top tier conventional 30yr fixed rates remain just under 7% for the average lender.  They spent 3 days above that mark last week. Rates can move for a variety of reasons with some of the most common being surprising results […]

Mortgage Rates Hold Mostly Steady Read More »

Condos losing appeal among real estate investors

Uncategorized / Ricky Vasquez

While real estate investment purchases are falling into more stable patterns following wild pandemic-era swings, condo activity is lagging, falling to a 10-year low, according to Redfin. U.S. investors bought a total of 46,726 units in the first quarter, up 2% year over year, the real estate brokerage reported. Early 2025 activity recovered from the

Condos losing appeal among real estate investors Read More »

Spring housing outlook: not all bad news

Uncategorized / Ricky Vasquez

Consumers are giving mixed messages on how they feel about the current home purchase market and this is likely feeding into the Spring season, a Bank of America report found. Among current homeowners and prospective buyers, 60% claim they are unable to tell whether now is a good time to purchase a home or not.

Spring housing outlook: not all bad news Read More »

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