Maryland Daily Record Maryland's trusted source for business and legal news
America’s housing market has grown increasingly frenzied, and prices are out of reach for many buyers, especially first-timers.
Tagged with: home buying Real Estate
Read More »Homebuyers stymied by fewer homes, high prices, rising rates
Daughter doesn’t buy dad’s cheerleading for U.S. homeownership
Six years since the collapse of Lehman Brothers triggered a financial meltdown, some young adults are more risk averse and view the potential upsides of status and wealth more skeptically than before the crisis, altering the homeownership calculation. It’s more than the weight of student loans, an iffy job market and tight credit -- even those who can buy are hesitant.
Tagged with: home buying
Read More »Realities of Real Estate: Don’t take holiday from selling house
When we get to this time of year, many sellers start talking about taking their houses off the market for the holidays. Some sellers think that all the buyers go into hibernation during November and December. Others just don’t want to be hassled with showing their houses during the holidays.
Tagged with: Bob and Donna McWilliams home buying housing market
Read More »U.S. new-home sales plunge as mortgage rates rise
WASHINGTON — Americans cut back sharply in July on their purchases of new homes, a sign that higher mortgage rates may weigh on the housing recovery. The Commerce Department said Friday that U.S. sales of newly built home dropped 13.4 ...
Tagged with: commerce department Economy home buying mortgage rates Real Estate sales united states
Read More »Contracts for homes nationwide dipped in February
WASHINGTON — The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high, a mixed signal ahead of the spring home-buying season. The National Association of Realtors said Monday that its index ...
Tagged with: fannie mae freddie mac home buying homes housing interest rates job market mortgage National Association of Realtors Real Estate sales
Read More »Average rate on 30-year mortgage dips to 3.88 percent
WASHINGTON — Fixed mortgage remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped last week, while the 15-year loan fell to a new record low. Mortgage buyer Freddie Mac says the ...
Tagged with: fixed mortgage freddie mac home buying mortgage mortgage rate refinancing washington
Read More »Rate on 30-year mortgage rises to 3.95 percent
WASHINGTON — The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed below 4 percent for the 12th straight week, keeping home-buying and refinancing attractive for those ...
Tagged with: fixed mortgage rate freddie mac home buying Mortgage Bankers Association mortgage rate refinancing washington
Read More »Contracts to buy homes rose in June for 2nd month
WASHINGTON — The number of Americans who signed contracts to buy homes rose for a second month in June. But the gain was not enough to signal a rebound in the weak housing market. The National Association of Realtors says ...
Tagged with: contracts economists home home buying housing housing market National Association of Realtors previously occupied homes realtors
Read More »
