Mortgage and refinance rates today, Feb. 27, and rate forecast for next week
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Today’s mortgage and refinance rates  Average mortgage rates fell a little or held steady yesterday (Friday). Unfortunately, it was the only glimmer of light in a gloomy week that saw […]
Gauge of U.S. pending home sales declines to a six-month low
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A gauge of U.S. pending home sales fell to a six-month low in January as buyers competed for a limited number of properties.
U.S. new-home sales increased in January by more than forecast
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Purchases of new single-family homes increased 4.3% to a 923,000 annualized pace in January from an upwardly revised 885,000 rate in the prior month, government data showed Wednesday.
SOTM 4: Major Market Slowdown and Keller Williams’ New iBuyer Program
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Agents around the nation are reporting major slowdown in their markets. On today’s State of the Market podcast, we discuss what could be causing home sales to slow and ways to predict whether or not things will worsen. We also cover Keller Williams’ controversial new plan to launch an iBuyer program. Other news highlights include Fannie Mae stock soaring amid plans for its release from government control and Dropbox’s acquisition of HelloSign. Get Instant Access to Hundreds of Free Real Estate Tools Visit Claim Real Estate Discounts, Free Trials, and More Visit Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit Learn more about your ad choices. Visit
Spike in Wood Costs Pushes Home Prices Higher
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The cost of new homes is feeling upward pressure due to soaring lumber prices. Softwood lumber, which is normally used in house frames, almost doubled between A
U.S. existing-home sales unexpectedly rise to three-month high
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“Sales could be even higher,” if more homes were put on the market, NAR’s chief economist Lawrence Yun said
A Wild Tour of the ‘Jersey Shore: Family Vacation’ Mansion—Now for Sale>
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Want to see where the "Jersey Shore" cast partied like rock stars? The mansion is back on the market in all its gaudy glory.
NBA All-Star Amar’e Stoudemire Lists Elaborate Florida Mansion for $3.5M>
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The former NBA All-Star Amar'e Stoudemire has opted to pass his highly stylized Florida mansion for $200,000 less than he paid for it a decade ago.
MBS RECAP: Panic In The Bond Market
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Posted To: MBS Commentary

Panic In The Bond Market It's no mystery that longer-term Treasury yields have been trending higher since August (it's all we can talk about at times) and that mortgage rates have largely been able to ignore that trend. But that blissful ignorance is increasingly hard to maintain--a fact that hits home on days like today. For a variety of reasons, today was a big bad day for Treasuries. As feared, MBS were painfully unable to outperform, and the same can be said of mortgage rates compared to MBS prices. Bottom line: rates rose sharply. Multiple lenders repriced for the worse. This is part of an ongoing, widespread reevaluation of economic and monetary outcomes as told by the bond market. There's no guarantee that things get better before they get worse. Econ Data / Events Fed MBS...(read more)

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A Casa for Your Cryptocurrency? 11 Homes You Can Buy With Bitcoin
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Bitcoin bonanza! We found 11 listings on the market right now that will accept payment in cryptocurrency in exchange for some sweet real estate. 

The post A Casa for Your Cryptocurrency? 11 Homes You Can Buy With Bitcoin appeared first on Real Estate News & Insights |®.

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