The Average Adjustable-Rate Mortgage Is Nearly $700,000. Here’s What That Tells Us.

realtyexperts Real Estate News

The size of the average adjustable-rate mortgage was $688,400, two and a half times larger than last week’s national fixed-rate mortgage average.

The post The Average Adjustable-Rate Mortgage Is Nearly $700,000. Here’s What That Tells Us. appeared first on Real Estate News & Insights | realtor.com®.

Overblown? These Hot U.S. Cities Are Nearing Housing Bubble Territory

realtyexperts Real Estate News

With home prices reaching nearly unthinkable heights in many parts of the country, the question on many folks’ minds is whether we’re in a housing bubble.

The post Overblown? These Hot U.S. Cities Are Nearing Housing Bubble Territory appeared first on Real Estate News & Insights | realtor.com®.

American Dream Wasn’t Always About Housing, Former Treasury Secretary Hank Paulson Says

realtyexperts Real Estate News

Former Treasury Secretary Henry Paulson on Tuesday suggested that government policy penalizes renters at the expense of homeowners.

The post American Dream Wasn’t Always About Housing, Former Treasury Secretary Hank Paulson Says appeared first on Real Estate News & Insights | realtor.com®.

Reforming Lending Reform: 3 Things Home Buyers Should Know About the New Law

realtyexperts Real Estate News

A new law rolls back some of the lending restrictions enacted in response to the housing boom and bust. While it doesn’t entirely do away with those financial reforms, it does have some significant implications for home buyers.

The post Reforming Lending Reform: 3 Things Home Buyers Should Know About the New Law appeared first on Real Estate News & Insights | realtor.com®.