Something, or actually a lot of someones, was missing from metro Phoenix's housing market last year.
A dearth of first-time buyers, mainly Millennials, was the main reason the Valley's housing recovery stalled.
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Latest Analysis: Mortgage Rates Briefly Over 7% Before Mid-Day Improvement |
Mortgage And Real Estate News | ||
Mortgage Rates Briefly Over 7% Before Mid-Day Improvement Mortgage rates jumped sharply over the weekend as financial markets reacted to Moody's credit rating downgrade of the U.S. News of the downgrade broke with only minutes left in Friday's market/b... | ||
POS, LOS, HELOC, Legal Products; IMB Per Loan is Still a Loss; Lower Rates ... People who don’t attend the National Secondary here in Manhattan wonder what happens behind the scenes. Here you go. We had the MCT elevator failure last night, inconveniencing a carload of mortgage f... | ||
Mortgage Rates End Week Only Slightly Higher After Decent Recovery The average top tier 30yr fixed rate is set to end the week just a few hundredths of a percent higher than last Friday at 6.92%. That's a victory--albeit a small one--after hitting 6.99% on Wedn... | ||
Housing Starts Buoyed By Multi-Family Sector The Census Bureau is out with monthly construction numbers for April showing an uptick in construction activity offset by slightly lower permitting. While there are several other metrics in this... | ||