Residential Real Estate
The 2017 economic growth forecast remains unchanged at 2.2 percent following expected offsetting hurricane-related impacts to GDP growth in the third and fourth quarters, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s October 2017 Economic and Housing Outlook.
The Housing Finance Policy Center’s latest credit availability index (HCAI) shows that mortgage credit availability declined to 5.1 in the second quarter of 2017, after reaching a recent peak of 5.4 in Q1 2017.
Speaking at a conference in Boston Friday, Eric Rosengren said he also expects current low inflation, the main factor that could hamper projected interest-rate hikes, to get much closer to the Fed’s 2 percent target next year.
Kathleen Sitek was recently recognized by RealTrends and the Wall Street Journal as one of America’s Best Real Estate Agents in Connecticut based on closed transactions in 2016.
As home prices rise, a larger percentage of first-time buyers are putting down less than 20 percent to buy a home, according to the October Down Payment Report from Down Payment Resource.
Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 6, 2017.
The 30-year mortgage rate increased for a second consecutive week, jumping 6 basis points to 3.91 percent. The 10-year Treasury yield also rose, climbing 4 basis points this week.
Fraud in connection with home mortgages is on the rise, ranging from little white lies about the intended use of the property all the way up to much more sophisticated schemes.
Loan performance remained flat in July 2017 after hitting 10-year lows the previous month, according to a report released today from CoreLogic, a global property information and analytics firm.
Lisa Mulvey-Cozzi and the Cozzi Team have left Regions Commercial Real Estate Advisors and joined the Glastonbury office of Berkshire Hathaway HomeServices New England Properties, according to office leader Beth DiLoreto.
After holding steady last week, rates ticked up this week.
If you’ve been pondering how you as a homeowner or buyer might fare under the new Republican tax overhaul plan, here are a few points to consider.
Connecticut homeowners paid some of the highest real estate taxes in the country again last year, according to analysis from the National Association of Home Builders.
A report released yesterday by Apartment List Rentonomics said the national rent index has fallen by 0.1 percent between August and September of this year. That is the first month-over-month decrease in 2017.
Data is now available on mortgage lending transactions at 6,762 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA) for 2016.
Mortgage applications decreased 0.5 percent from the week prior for the week ending Sept. 22, 2017, per the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey.
The Consumer Financial Protection Bureau took action today against real estate settlement services provider Meridian Title Corporation for steering consumers to a title insurer owned in part by several of its executives without making disclosures about the businesses’ affiliation.
Green construction is rapidly gaining traction among both single family and multifamily home builders, according to new research published in the Green Multifamily and Single Family Homes 2017 SmartMarket Brief.
Mortgage credit risk increased in the second quarter of 2017, but remains within the baseline range of credit risk, according to a report released today by property information provider CoreLogic.
Rates held relatively flat this week. The 10-year Treasury yield fell just 1 basis point, while the 30-year mortgage rate remained unchanged at 3.83 percent.
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