Jason Harms NMLS 1205903

08/12/2022

The scales of the housing market are tipping toward buyers.

https://nationalmortgageprofessional.com/news/growing-housing-inventory-dampens-competition-redfin

The scales of the housing market are tipping toward buyers. More homeowners are holding off on selling as the housing market cools, fueling the largest decline in home listings in more than two years, according to a new report from Redfin.

08/01/2022

Attn: Home Buyers = June Housing Inventory Up Most In Over 12 Years As Price Growth Slows. Call me if you'd like to save time and money.

https://nationalmortgageprofessional.com/news/june-housing-inventory-most-over-12-years-price-growth-slows

07/13/2022

Latest Consumer Price Index report sets up Federal Reserve for another 75-basis-point rate hike.

"The accelerating inflation means there’s a lot more work for the Federal Reserve to do," Fleming said. "Another 75-point increase in the federal funds rate is almost assured."

Even with the Federal Reserve trying to slam on the brakes, inflation rolled merrily along in June. According to the latest report from the U.S. Bureau of Labor Statistics, released today, the Consumer Price Index rose 1.3% in June on a seasonally adjusted basis after rising 1% in May. But over the....

07/11/2022

Redfin says that the slowdown in the housing market is allowing more time for buyers to bargain hunt for better rates and prices. Let Rate Pulse Home Mortgage shop for you at the wholesale level. You'll be glad you did 🏡

Nationwide, roughly 60,000 home-purchase agreements fell through in June, equal to 14.9% of homes that went under contract that month, according to the latest analysis from Redfin. The percentage is the highest since March and April 2020, when the housing market all but ground to a halt due to the o...

07/08/2022

After months of tipping heavily in sellers’ favor, the scales of the housing market are finally balancing out, according to a new report from Redfin.

After months of tipping heavily in sellers’ favor, the scales of the housing market are finally balancing out, according to a new report from Redfin. As sellers are beginning to slash prices and more buyers are dropping out of the market, there is less competition for remaining buyers. These buyer...

07/01/2022

Buyers coming back will provide support to the housing market, and between now and the end of year the power will probably continue to shift towards buyers, resulting in mild price declines from month to month. Rates are still really good. If you are a potential buyer, and need a good real estate broker, please let me know and I will connect you.

With mortgage rates continuing to rise, home sellers are reducing their asking prices, as they face the mounting pressure of falling home affordability, according to a new report from Redfin. The technology-powered real estate brokerage says the median asking price of newly listed homes for sale is....

06/22/2022

Sky-High Rents Top Pre-COVID Levels By More Than 25%

06/07/2022

See how mortgage rates today compare to rates historically! Are they the lowest in history? No. Are they still really really good? Yes

05/27/2022

Mortgage rates might not be the best in history, like many have become accustomed to, however they're still very good. Want a better than average mortgage rate? Rate Pulse Home Mortgage can help.

05/11/2022

According to the Mortgage Bankers Association’s Weekly Mortgage Application Survey, applications for mortgages went up 2% from the previous week.😎🔑

https://lnkd.in/d_yfVfA3

Despite a ongoing rise in interest rates, prospective home buyers are seeking an increasing number of mortgage applications for purchase and adjustable rate mortgages. According to the Mortgage Bankers Association’s Weekly Mortgage Application Survey, applications for mortgages went up 2% from the...

05/03/2022

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