home purchases - Articles

Black Friday Real Estate Deals: They Do Exist, If You Look Hard Enough

Today is the biggest shopping day of the year, and almost everyone will be filling malls and stores to hunt down Black Friday deals. Not so many, though, are shopping for homes this time of year, and prospective homebuyers who don't have their head in the game during the holidays could be missing out on some serious real... Continue Reading »

Mortgage Applications in Rut, Even With Sub-5% Rates

Mortgage applications declined again for the week ending February 25, even as average 30-year fixed-rate interest rates fell below 5 percent, according to the Mortgage Bankers Association. A drop in both new-purchase mortgages and refinance applications -- indicated by a 6.5 percent drop in MBAA's market composite index --... Continue Reading »

Mortgage Rates Up, Demand Drops

Blame it on mortgage rates. The number of new mortgage applications, which includes both home purchases and refinances, fell for the week ending Oct. 15 by 10.5 percent, according to the Mortgage Bankers Association. The easy culprits in this case were interest rates on 15-year and 30-year fixed-rate mortgages, which... Continue Reading »

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