Borrowing costs moved lower for home buyers and refinancers this week. The 30-year fixed-rate mortgage dropped to its lowest average in nearly three months. “Investors flocked to the safety of government bonds causing the 10-year Treasury yield to continue its descent following the FOMC’s decision to leave rates unchanged,” says Sean Becketti, Freddie Mac’s chief Read More …

A home renovation can be an overwhelming experience with high stakes for your clients. There’s creating the overall vision of the project, gauging its financial feasibility, finding a reliable contractor, and hoping for a smooth construction process. But an important consideration that often falls by the wayside is making sure the project is adequately insured. Read More …

Nearly a quarter of U.S. housing markets are less affordable than their historic norms, according to a new report released by ATTOM Data Solutions. That’s up from 19 percent of markets that were deemed unaffordable a year ago. It’s also the highest share since the third quarter of 2009 (when 47 percent of markets were Read More …

On the heels of a recall of Samsung’s Galaxy Note 7 smartphones due to reports over exploding battery risks, the company is now faced with another set back about another one of its products – its washing machines. Read more: Samsung Galaxy Note 7 Recalled Over Fire Fears The U.S. Consumer Product Safety Commission released a Read More …

September is shaping up to be the hottest fall in the last decade, according to realtor.com®’s latest housing report. Homes for sale in September are moving 4 percent more quickly than last year, despite prices zooming to record highs. Read more: September/October 2016 Market Pulse The median home price was $250,000 in September, about 9 Read More …