Gary Pierpont Blog

Bloomberg reports on the recent jump in pending home-sales, along with additional information taken from a recent National Association of Realtors (NAR) report released this week. More, here.

 

Average rates on 30-year fixed and 15-year fixed mortgage decreased today. Bankrate has more information, here.

 

Projections and Implications for Housing a Growing Population: Older Households 2015-2035 is the full title, and the description is as follows: “By 2035, more than one in five people in the US will be aged 65 and older and one in three households will be headed by someone in that age group. This growth will increase the demand for affordable, accessible housing that is well connected to services far beyond what current supply can meet.” More, here.

 

Adam Bergman, writing for Forbes, shares some valuable information on using retirement funds to invest in real estate. More, here.

 

MarketWatch published some tips for those considering a mortgage in 2017. More, here.

 

HUD reported that the mortgage premium rate cut has been “suspended indefinitely”. You can read more about what that means for you, here.

 

Bankrate has a good summary on the state of mortgage rates today. More, here.

 

Forbes published their annual report citing the best cities in which to invest in real estate. More, here.

 

Craig Berry posted some tips on reducing closing costs on his Mortgage Reports blog. More, here.

 

Bankrate reports on this week’s decrease in mortgage rates—the second week in a row where rates were lowered. More, here.