Total mortgage applications – including for refinances and home purchases – were essentially flat last week, rising just 0.8 percent on a seasonally adjusted basis, despite mortgage rates at their lowest averages in a month. The Mortgage Bankers Association reported Wednesday that applications are now 14 percent lower than a year ago.Refinance applications have been falling significantly over the last few weeks as interest rates have edged hi
For prime investment locations, it may be time to look South. Forbes teamed up with Local Market Monitor, a company that tracks more than 300 housing markets, to uncover the top cities for investors in the new year. The markets that dominate this year’s list reflect two major benefits: affordability and growth.“If you are planning on making an investment, either by buying a home or by buying a rental property, these are really good markets,â€
Stay up to date on the latest real estate trends, valuable tips, and company news.
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
