November 5, 2018          Phil Hall Home sales will inch up in 2019 while prices rise at a slower pace, according to a new forecast from the National Association of Realtors (NAR). NAR Chief Economist Lawrence Yun expected existing-home sales will finish 2018 with 5.345 million transactions, down from last year’s 5.51 million, and

How to use home equity to consolidate your debt KAT TRETINA SEPTEMBER 6, 2018  If you feel like you’re drowning in debt, you’re not alone. According to Experian’s State of Credit report, the average household has $24,706 in non-mortgage debt. That means things credit cards, medical bills or car loans. With such a heavy debt load and

August 28, 2018      Phil Hall Three new data reports are pointing to a slowing in home price appreciation, which could shift the housing environment to a buyers’ market. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.2 percent annual gain in June, down from 6.4 percent in May. The 10-City Composite

Mortgage rates inched up this past week, according to new data from Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 4.52 percent for the week ending Aug. 30, up from last week when it averaged 4.51 percent. The 15-year FRM this week averaged 3.97 percent, down from last week when it averaged 3.98 percent. And the

Mortgage rates began 2018 on the decline, according to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage (FRM) averaged 3.95 percent for the week ending Jan. 4, down from last week when it averaged 3.99 percent. The 15-year FRM this week averaged 3.38 percent, down from last week when it averaged 3.44 percent. And the five-year

January 2, 2018    Phil Hall It may be a new year, but the first housing data report of 2018 picks up where 2017 left off: Home prices are still rising. According to new data from CoreLogic, home prices nationally were up one percent in November from October and up by seven percent from one year