Last week, mortgage rates trended higher. Retail sales increased by a smaller-than-expected amount in April. Home builder sentiment saw the biggest jump in two years. Mortgage application submissions slipped. Building permits decreased in April while housing starts increased. Jobless claims fell.
 
MORTGAGE RATES CURRENTLY TRENDING
 
THIS WEEK'S POTENTIAL VOLATILITY
 
 
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  • Retail…

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Check out this newly listed home for sale in Glendale, AZ by Angie Perez.  For more information, contact Angie at 602.377.5394 or visit the property website at https://angie.thecascadeteam.com/6556169

 

7215 W. Union Hills Drive - Glendale AZ 85308

This luxurious custom 5 bedrooms and 3.5 bath home, located in the Secluded Acres community, is one of a kind! The property spans over 3/4 of an acre and boasts a private courtyard entrance with a water feature, ornate drive-through gates, and a circular brick paver driveway.  Upon entering the foyer, one can appreciate roman pillars, coffered ceilings and the open floor plan with multiple French doors that provide a view of the resort-style backyard. The Chef's kitchen is fully equipped with custom…

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Check out this newly listed home for sale in Gilbert, AZ by Raguel Shaw. For more information, contact Raguel at 480.244.4140 or visit the property website at https://raguel.thecascadeteam.com/6558691

1110 E. San Padro Avenue - Gilbert AZ 85234

No HOA! Welcome home to your 3 bedroom 2 bath private home with private POOL in the heart of Gilbert! This home invites you with vaulted ceilings, wood burning fireplace and open floorplan for entertaining. Sparkling pool beckons you outside to cool off during the warm months. Pool has been replastered, filter and pump replaced 2019. Newer appliance and water heater replaced in 2020. House ideally located on a corner lot with North/South exposure. Property located next to Heritage Trail for miles of…

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Here are a few of the many great reasons why you should consider selling your house right now. There aren’t many homes on the market so your house will stand out, we’re seeing an increase in the average number of offers sellers are getting, and your equity can help fuel your move.

Do to limited inventory (about 1.5 months of supply overall), it is an “excellent market for sellers.” As summer approaches, we expect to see increased activity with inventory “being snapped up as it comes onto the market and savvy buyers taking advantage of softening interest rates.”

The supply of housing remains limited due to a persistent shortage of available homes as fewer homeowners are putting their homes on the market after locking in low home mortgage…

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Check out this newly listed home for sale in Elizabeth, CO by Doug Young.  For more information contact Doug at 623.210.0902 or visit the property website at https://doug.thecascadeteam.com/5423223 


970 Horsetail Loop - Elizabeth CO 80107

Introducing the epitome of luxurious living: a stunning 5-bedroom, 4-bath house that combines elegance, functionality, and a prime location next to a playground/park. Step inside this exceptional home and be greeted by a meticulously designed interior boasting a plethora of impressive features. Prepare to be amazed by the exquisite granite countertops adorning the kitchen and master bath, adding a touch of sophistication to these high-traffic areas. The finished basement is a true gem, complete with a…

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Last week, mortgage rates remained relatively unchanged after fluctuating higher and lower. Mortgage application submissions increased. The consumer price index for April was mostly in line with inflation expectations. Continuing jobless claims and initial jobless claims both increased.

MORTGAGE RATES CURRENTLY TRENDING


THIS WEEK'S POTENTIAL VOLATILITY




  • FHFA cancels upfront DTI fee scheduled to start on August 1. Read Now >>
  • HUD invests $837 million in energy efficient and climate friendly renovations for multifamily housing. Read Now >>
  • Hopeful home buyers are more hopeful…

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KIRKLAND, Washington (May 4, 2023) – Market dynamics are influencing adjustments in housing prices, suggested an officer at Northwest Multiple Listing Service, but with “very constricted” inventory, he said homes that are well priced continue to receive multiple offers.

Commenting on the latest statistics from Northwest MLS, Frank Leach, vice chairperson of the MLS board of directors and the broker/owner at RE/MAX Platinum Services in Silverdale, said despite limited inventory (about 1.5 months of supply overall), it is an “excellent market.” As summer approaches, Leach expects to see increased activity with inventory “being snapped up as it comes onto the market and savvy buyers taking advantage of softening interest rates.”

The latest report…

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Mortgage rates trended lower last week despite strong jobs data and another federal funds rate hike from the Federal Reserve. Construction spending increased in March, while job openings fell to the lowest level in two years. Mortgage application submissions decreased, and ADP nonfarm employment was higher than expected in April. Continuing jobless claims fell while initial jobless claims increased. The employment situation was better than expected in April. 

 

MORTGAGE RATES CURRENTLY TRENDING

 

THIS WEEK'S POTENTIAL VOLATILITY

 

 

  • Millennial homeowners shift toward renovating instead of selling. Watch Now >>
  • FHFA’s Michael Shemi answers LLPA questions. Listen Now >>
  • Realtors…

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Check out this new listed home in Maricopa by Sarah Lynch. For more info, contact Sarah at 602.427.8148 or visit https://sarah.thecascadeteam.com/6553830

42612 W Santa Fe Street - Maricopa, AZ 85138


This move-in ready 3-bed, 2-bath home is situated on a lovely corner lot with beautifully landscaped surroundings. The backyard boasts a screened-in porch, ideal for enjoying morning coffee or evening cocktail in comfort, while the storage shed is perfect for all your outdoor gear. A charming water fountain completes the serene ambiance of the backyard oasis. Inside, you'll find an inviting split floor plan with no carpet, 9-foot ceilings, and recessed lighting that create a bright and open feel. The kitchen features elegant granite countertops…

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KIRKLAND, Washington (May 4, 2023) – Market dynamics are influencing adjustments in housing prices, suggested an officer at Northwest Multiple Listing Service, but with “very constricted” inventory, he said homes that are well priced continue to receive multiple offers.

Commenting on the latest statistics from Northwest MLS, Frank Leach, vice chairperson of the MLS board of directors and the broker/owner at RE/MAX Platinum Services in Silverdale, said despite limited inventory (about 1.5 months of supply overall), it is an “excellent market.” As summer approaches, Leach expects to see increased activity with inventory “being snapped up as it comes onto the market and savvy buyers taking advantage of softening interest rates.”

The latest report…

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