top of page
Mortgage Mike
BLOG
Search
7 hours ago
Sunny Outlook Sees Brighter Days For Buyers
The past two years have been hard for home buyers. A combination of volatile mortgage rates, high home prices, competition and bidding...
4 days ago
Affordability Levels Unchanged In 4th Quarter
According to ATTOM Data Solutions’ fourth-quarter 2024 U.S. Home Affordability Report, median homeownership costs in 556 of 566 analyzed...
Dec 30, 2024
Existing Home Sales Up Nearly 5% In November
Sales of previously owned homes rose nearly 5 percent in November, according to new numbers from the National Association of Realtors....
Dec 23, 2024
Outlook Sees Housing Market Conditions Continuing
Home buyers and sellers shouldn’t expect to see too much change in the months ahead, according to a new forecast from Fannie Mae’s...
Dec 20, 2024
How Is The 30-Year Fixed Mortgage Rate Determined?
Home buyers have a lot of numbers to remember. Among them, the 30-year fixed mortgage rate may be the most important. After all, mortgage...
Dec 19, 2024
Can Empty Nesters Solve The Affordability Crunch?
While the number of homes for sale remains an issue in many markets, there have certainly been improvements. Inventory has risen...
Dec 18, 2024
More Americans Say It's A Good Time To Buy
Each month, Fannie Mae surveys Americans and asks them for their opinion on whether it's a good time to buy or sell a home, mortgage...
Dec 16, 2024
Dec 13, 2024
Affordability Lingers As Market's Main Issue
Affordability is always a top concern for home buyers and, according to a new survey from Fannie Mae's Economic and Strategic Research...
Dec 12, 2024
What Should Home Buyers Expect In 2025?
The end of the year is prediction season. Experts and insiders in every industry release future forecasts offering their take on what...
Dec 10, 2024
Dec 9, 2024
What's Behind The New Home Sales Decline?
The new home market helps keep the overall housing market balanced. When demand is high, builders build more homes. That adds to the...
Dec 5, 2024
Home Buyer Activity Rises As Rates Fall
According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates fell last week for the first time in...
Nov 27, 2024
Home Prices Still Growing But At A Slower Pace
The S&P Case-Shiller U.S. National Home Price Index is among the leading measures of U.S. home prices. The Index has been collecting data...
Nov 26, 2024
Strong Economy Keeps Market Conditions Static
Fannie Mae's Economic and Strategic Research Group releases an updated outlook each month covering what it believes is ahead for the...
Nov 25, 2024
Home Sales See First Annual Gain In Three Years
Sales of previously owned homes rose 3.4 percent in October, according to new numbers from the National Association of Realtors. The...
Nov 21, 2024
Mortgage Credit Availability Has Improved
Whether or not a borrower is approved for a loan depends on a number of factors, including current lending standards and the availability...
Nov 20, 2024
Home Buyers Regain Negotiating Power
Negotiation is an important part of the home buying process. In fact, you can negotiate just about anything when buying a home, from the...
Nov 19, 2024
This Year's Best Date For Buyers
Everybody always wants to get the best deal – on everything. Anytime you make a purchase, you hope to get the best price. This certainly...
Nov 18, 2024
bottom of page