Industry News
June 2021 Housing Report
Sellers started to emerge in June, leading to an increase in inventory. However, a backlog of eager homebuyers and low mortgage rates helped continue the upward trend of home prices, as the median price hit $300,000. The Real Estate Center at Texas …
Industry News
Mortgage Rates Drop Back Below 3%
If there is an upside to all the pandemic-induced uncertainty in the economy, it’s the rock-bottom mortgage rate bonus for homeowners and homebuyers. Today’s rate represents a decrease of 0.04 percentage points from last week’s 3.02%. Rates have been below 3% for …
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