Bay Equity News
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Driven by strong demand for conventional loans mortgage applications to purchase homes were on the rise in the first week of May jumping 13% from the same week a year ago. Despite economic uncertainty refinancing surged 11% up 51% year-over-year largely due to a 26% jump in VA loan activity.
This growth suggests buyers are re-entering...
President Donald Trump’s fluctuating trade policies have brought a degree unpredictably to economic markets with growing unease about the global outlook.
Volatility has defined the bond market in recent weeks. On April 2 mortgage rates hit a six-month low only to surge to a six-week high just days later. Despite Trump’s vocal calls for the Federal...
In a shifting housing market a growing number of homes are selling for less than their original asking price. In February nearly two-thirds (64.2%) of homes sold below list price up from 60.9% the year before. Meanwhile just 20.5% sold above asking a slight drop from 22.8% a year ago.
One key reason for this trend?...
Relaxing in your own hot tub is one of life’s simple pleasures but requires commitment maintenance and future planning.
Finding a hard flat surface is the first priority. Indoor installation brings privacy and protection from the elements though outdoor hot tubs are easier to deliver and install. Many hot tubbers also enjoy the connection to nature...
While it's natural to hope for lower mortgage rates before buying a home the reality is that market conditions can be unpredictable and rates may not decrease as expected.
Instead of focusing solely on timing the market it's more important to consider whether buying a home makes sense for you right now based on your...
President Donald Trump’s tariffs on goods from U.S. trade partners are already showing signs of driving up new home prices.
During the first half of April the president has launched a series of sweeping levies intended to eliminate the American trade deficit. Immediate effects included a massive stock selloff and more bond buying leading to...
