top of page
Mortgage Mike
BLOG
Search
Oct 21, 2021
Oct 19, 2021
Forecast Sees Low Rates, Slower Prices In 2022
Predictions aren't easy, but Fannie Mae's Economic and Strategic Research Group makes them on a monthly basis. The group's forecasts...
Oct 18, 2021
Buyer Demographics Show A Surprising Shift
First-time home buyers used to make up a larger share of the homes sold in any given year. Typically, they'd account for around 40...
Oct 15, 2021
Affordability Improves For 2nd Straight Month
Owning a home is a dream for a lot of Americans. But no one wants to own a home they struggle to afford. That's why there's so much focus...
Oct 14, 2021
Oct 13, 2021
When Do Home Buyers Get The Best Deals?
These days, it isn't easy to find a deal. In most markets, there are more home buyers than there are available homes for sale. That puts...
Oct 11, 2021
Americans Say Now's A Good Time To Sell
Each month, Fannie Mae conducts a survey to gauge how Americans feel about the housing market. The survey asks participants whether they...
Oct 8, 2021
Number Of Homes For Sale Hits 2021 High
When compared to pre-pandemic levels, the number of homes for sale is about 50 percent lower than normal. That's why prices have been...
Oct 7, 2021
The Least (And Most) Expensive Areas To Buy
Location obviously matters when choosing a house to buy. Not only will it determine how far you are from friends, family, and the things...
Oct 5, 2021
Contract Signings Spike Amid Summer Slowdown
A rising number of homes available for sale helped cool the housing market after a hot spring and early summer. It also helped home...
Oct 4, 2021
Summer Market Saw Record Setting Price Gains
Home prices have been increasing for more than just the past few months. But, according to newly released numbers from the S&P...
Oct 1, 2021
Sep 28, 2021
Homes Still Selling Quickly As Season Wraps Up
New numbers from the National Association of Realtors show that, even as the summer market looked to be slowing down, homes for sale were...
Sep 27, 2021
New Home Construction Up 17% Over Last Year
If you're a prospective home buyer, the pace of new home construction should matter to you. Today's hot market and rapidly rising prices...
Sep 24, 2021
Sep 23, 2021
Affordability Conditions Key To Market's Future
Each month, Fannie Mae's Economic and Strategic Research Group releases a forecast detailing their outlook for the economy and housing...
Sep 22, 2021
How Many Bathrooms Do Buyers Want In A House?
The number of rooms a house has – and how they're distributed – is even more important than the overall size of the home. A huge home...
Sep 21, 2021
Mortgage Lenders See Calmer Days Ahead
Your mortgage lender is the first person you should talk to once you've decided to buy a home. After a preliminary review of your...
Sep 20, 2021
Early Fall May Be The Best Time To Buy
The best time to buy a house is when you're ready. But, once you're ready, picking the right time of year to start the process could be...
bottom of page