The 30-Year Mortgage is Steady at 6.30 Percent
Mortgage and refinance rates are only slightly changed today. According to Yahoo Finance, the 30-year fixed mortgage rate rose one basis point to 6.30%. Meanwhile, the 15-year […]
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The Average Daily Rate for U.S. Hotels Reaches $162.58 in February
Average daily rate, occupancy and revenue per available room at U.S. hotels in February each posted some of the largest year-over-year increases in more than […]
Are ICE Deportations Exacerbating the Housing Slump?
The White House published a chart suggesting that the recent pickup in deportations by ICE are driving down housing costs in metro areas with large […]
The Top 15 AI Tools for Real Estate Agents and How Brokers are Integrating AI Tools into their Business
Eighty two percent of real estate agents integrate AI tools into their business, according to a report by Realtor Property Resources. According to the report, […]
The Housing Market Turns Bearish
After a decade of robust housing activity in the form of greater home sales, rising prices and higher rents, it appears the housing market is […]
Mortgage Volatility Amid Inflation Uncertainty
There’s an ongoing debate among investors and policy makers regarding the direction of future inflation rates. This uncertainty is creating volatility in the mortgage lending […]
Growing Equity, Higher Prices, More 2nd Homes & Other Housing Updates
Recent figures point to a continued hot housing market uninterrupted by concerns of possible inflationary pressures, higher mortgage rates and record prices. Home Sales Up […]
Regulations & Higher Wood Prices are Adding $130K to the Cost of a New Home
A combination of bureaucratic regulations and higher lumber prices are adding a total of nearly $130,000 to the cost of building a new home, according […]
Commercial Property Owners Entice Tenants with Generous Incentives
Real Estate Orbit While the residential and industrial property markets sizzle, the office market has suffered immensely as Work-From-Home (WFH) arrangements and the COVID-19 pandemic […]
Latino Home Ownership on the Rise
Latin homeownership gains in recent years have far exceeded those of other groups. About 18% of the U.S. population identifies as Latin, yet they have […]