Blog

• Weekly Market Report
  For Week Ending April 3, 2021 The University of Michigan’s latest Consumer Sentiment Index came in at 84.9 points, up from 76.8 in February and the highest level since last March’s 89.1 reading. The index is an economic indicator of … Continue reading →
• Weekly Market Report
  For Week Ending March 27, 2021 As the spring market is in full swing and home prices are ticking up, mortgage rates have moved higher in recent weeks as well. Freddie Mac reports that the national average rate for a … Continue reading →
• Weekly Market Report
  For Week Ending March 20, 2021 Real estate data firm ATTOM Data Solutions reported that the number of homes flipped by investors decreased in 2020 for the first time since 2014. For this study, ATTOM defined a home flip as … Continue reading →
• Weekly Market Report
  For Week Ending March 13, 2021 Freddie Mac reported that cash-out refinancing activity surged 42% in 2020 compared to 2019, as homeowners cashed out $152.7 billion in home equity, the highest level since 2007. Low interest rates and strong appreciation … Continue reading →
• February Monthly Skinny Video
  Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels.
• Twin Cities housing market still hot, but sales growth flattening
  Price growth strong, market times fast, but new listings down and supply levels very low (March 17, 2021) – According to new data from the Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, sales activity in the … Continue reading →
• Weekly Market Report
  For Week Ending March 6, 2021 With the spring market well underway, buyer activity remains very robust and hot properties continue to frequently encounter bidding wars. While mortgage rates have ticked up over 3% for the first time since last … Continue reading →
• Weekly Market Report
  For Week Ending February 27, 2021 Home prices continue to rise at a fast pace nationally, with the median sales price of existing homes up 14.1% in January 2021 from the same time last year. Sales were also up, with … Continue reading →
• Weekly Market Report
  For Week Ending February 20, 2021 Freddie Mac reported this week the average 30-year fixed-rate mortgage interest rate rose to 2.81%, its highest point since mid-November, but still far lower than the 3.49% average from the same time last year. … Continue reading →
• Weekly Market Report
  For Week Ending February 13, 2021 The Mortgage Bankers Association’s most recent National Delinquency Survey reported that the delinquency rate for mortgage loans on one-to-four unit residential properties declined to a seasonally adjusted rate of 6.73 percent of all loans … Continue reading →