Housing Market

Today’s Marketplace

The Markets Rates declines for the second straight week, but they started rising toward the end of the survey period. For the week ending June 7, Freddie Mac announced that 30-year fixed rates decreased to 4.54% from 4.56% the week before. The average for 15-year loans fell to 4.01% and the average for five-year adjustables Read More…

The Fed Meets Today

This week the Federal Reserve Board’s Open Market Committee meets with analysts expecting another hike in rates. While the overwhelming sentiment is for a hike, the enthusiasm for such a move is slightly lower than it was a few weeks ago. Since then there has been a flurry of international news causing both concern and Read More…

Hispanic Wealth and Influence Growing

Home purchases, new business starts and stock market investment are accelerating among the U.S. Hispanic population in spite of political headwinds, according to the 2018 Annual Report from The Hispanic Wealth Project, a non-profit organization supported by the National Association of Hispanic Real Estate Professionals (NAHREP). Based on the report, the Hispanic homeownership rate rose Read More…