The 30-year fixed-rate mortgage jumped to an average of 2.79% this week, increasing after last week’s record low of 2.65%, Freddie Mac reports in its weekly mortgage survey. Upticks over the last couple of weeks in 10-year Treasury notes—a key benchmark for mortgage rates—will prompt mortgage rates to rise, economists note.“As Treasury yields have risen, it is putting pressure on mortgage rates to move up,” says Sam Khater, Freddie Mac
President-elect Joe Biden announced a $1.9 trillion stimulus plan on Thursday night that called for a range of aid—including several housing-related proposals—to help households further fend off the economic impact of the COVID-19 pandemic. Biden’s plan calls for extending the national eviction and foreclosure moratorium until Sept. 30. It also includes $25 billion more in rental assistance to help the nation’s landlords and $5 billion in
iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.
About half of Americans say they’re considering a move in the next year, according to a study from LendingTree. But where do they plan to move?LendingTree researchers analyzed mortgage purchase requests on its platform in 2020 to find the moving patterns of potential buyers in each of the 50 states. They found that a clear majority plan to remain in the state they’re currently living in. Texans, according to the analysis, are the least likely
Technology companies are rapidly developing new products focused on air quality and cleanliness in homes and buildings. Appliances with sterilization cycles, robotic vacuums, gadgets using ultraviolet light to kill germs, and air purifiers were among the debuts this week at the virtual CES 2021.“Our buildings have been so underventilated for so long,” Michael Don Ham, co-founder of Pure365, said at a CES session on Monday called “Healt
Photo by: Laura Amour GoodStart With Curb Appeal First impressions matter, so make your home stand out the instant buyers pull up to the curb. Some upgrades can be done in a weekend and will cost more in sweat equity than actual dollars. A few suggestions: rent a pressure washer to remove dirt and grime from your siding, roof, fascia and gutters. Paint the front door and/or shutters a bright color, but make sure it coordinates well with the rest
iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.
As COVID-19 vaccines roll out, real estate experts are considering their impact on the trajectory of the housing market.“We’re going to settle somewhere in between where we were before COVID and where we were during COVID,” Danielle Hale, realtor.com®’s chief economist, recently said.Many real estate forecasters are predicting that more inventory will arrive over the coming months as vaccine distribution gains momentum. Some would-be hom
Customized appliances, vertical laundry room setups, and an increasing number of wellness-inspired home design options were on display Monday at the virtual CES 2021, which runs through Friday. Take a look at some of the trends from this year’s popular tech show that likely will influence home design this year.Samsung's Bespoke refrigerator1. More colorful kitchens. More appliance manufacturers are touting four-panel refrigerators. They of
Retirees are abandoning the familiar destinations and choosing to make their homes elsewhere in the pandemic, increasingly turning to Virginia as their new retirement haven.Nearly 400,000 Americans moved for retirement last year—the highest number in five years, according to a new study from HireAHelper, a moving services website. More retirees are showing a willingness to cross state lines to find a new home: Retirees are twice as likely to mo
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