Maryland Daily Record Maryland's trusted source for business and legal news
The 2023 real estate market is very different from two years ago, with Maryland’s bankers prioritizing helping buyers navigate their loan options.
Read More »Mortgage providers educating consumers as they confront changing real estate market
Home sales tumble again as mortgage rates surge
Sales of previously occupied U.S. homes slowed for the third consecutive month in April as mortgage rates surged.
Tagged with: home sales mortgage
Read More »Existing home sales rose in July, but only modestly from last year
Sales of previously occupied U.S. homes rose for the second consecutive month in July, though only modestly from a year ago.
Tagged with: home sales housing mortgage Real Estate
Read More »Average mortgage rates continue to fall; 30-year at 2.90%
Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal concerns over the strength of the recovery from the pandemic recession.
Tagged with: housing mortgage Real Estate
Read More »Mortgage rates rise over 3% for first time in 10 weeks
Mortgage rates rose above the 3% mark last week for the first time in 10 weeks, as the economic recovery from the pandemic recession continues while inflation remains elevated.
Tagged with: mortgage Real Estate
Read More »Average mortgage rates mostly lower this week
Mortgage rates were mostly lower this week as the economy continued to show signs of recovery from the pandemic recession and recent bursts of inflation were deemed temporary by federal policymakers.
Tagged with: housing mortgage Real Estate
Read More »US average mortgage rates decline; 30-year loan at 2.95%
Mortgage rates declined this week, pushing the benchmark 30-year home loan back down below the 3% mark.
Read More »Offer to name first-born child not enough: In sizzling US housing market, demand and prices soar
America's housing market has grown so overheated, as demand outpaces supply, that prices keep hitting record highs — and about half of all U.S. houses are now selling above their list price.
Tagged with: home sales housing mortgage
Read More »US average mortgage rates rise; 30-year loan at 3%
Mortgage rates rose this week, pushing the benchmark 30-year home loan to the 3% mark for the first time since mid-April. Signs continued of the economy’s recovery from the pandemic recession, and a burst of inflation rattled stock markets.
Tagged with: housing mortgage stock market
Read More »Md. high court rejects bank’s pursuit of mortgage reformation
The Court of Appeals rejected a second attempt to reform a mortgage and foreclose on a Cockeysville couple’s property Monday, finding the bank trustee was barred by claim and issue preclusion from bringing the second lawsuit. The Court of Appeals affirmed a ...
Tagged with: Collateral estoppel deed of trust mortgage res judicata
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