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Category Archives: Real Estate
What is your Mortgage Rate?
“What is your rate?” That’s the #1 question consumers ask when they look for mortgage financing. And since the rate affects the monthly payment amount, it’s not surprising that this is a popular question. Failure to secure a competitive interest … Continue reading
Posted in Mortgage, Mortgage Rates, Real Estate
Tagged Interest Rates, Mortgage Rates, New Home Loans
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New Home Supplies Keep Shrinking; Prices Pressured Higher
Home builders are slowly reducing inventory. According to Census Bureau data, the number of new homes slid 1 percent from May. On a seasonally-adjusted, annualized basis, home buyers bought 312,000 newly-built homes last month. It’s the third straight month of … Continue reading
Posted in Real Estate
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Mortgage industry workforce plummets 51% since 2006
The number of employees in the mortgage industry declined 51% between February 2006 and February 2011, which equates to a loss of 257,000 jobs. The current mortgage workforce contains 248,000 employees, according to Bureau of Labor Statistics data compiled and … Continue reading
Posted in Mortgage, Real Estate
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Wisconsin Real Estate Sales Fall
Home sales in Wisconsin fell in October but prices remained stable, according to the Wisconsin REALTORS® Association (WRA). So far this year, sales of existing homes were down 6.9 percent with median prices down just 0.9 percent since January. Comparing … Continue reading
