Among t he 100 most populated metropolitan areas in the U.S., annual price increases were greatest in the West Palm Beach-Boca Raton-Delray Beach, Fla. Fort Lauderdale in Broward County looks very strong.
The ongoing housing crunch appears unevenly felt by first-time homebuyers due to even lower inventory of entry-level homes. First-time homebuyers typically make up less than one third of the homebuyers.
Mortgage rates are very attractive for the upcoming spring home buying season, according to results from the Freddie Mac Primary Mortgage Market Survey® (PMMS®).
As of the end of 2015 there were 12.6 million (12,621,274) U.S. properties that were equity rich (at least 50 percent equity), representing 22.5 percent of all properties with a mortgage.
As of the end of 2015 there were 12.6 million (12,621,274) U.S. properties that were equity rich (at least 50 percent equity), representing 22.5 percent of all properties with a mortgage.
The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 3.92 percent from 3.90 percent, with points increasing to 0.39 from 0.31
The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 3.92 percent from 3.90 percent, with points increasing to 0.39 from 0.31
