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Real Estate When Mortgage Rates Drop, Look For Buyers To Step Up Mortgage rates continue to move in a narrow range with the average interest rate for the 30-year fixed-rate mortgage declining slightly this week to 6.79 percent, according to Freddie Mac.  This is down from last week’s average of 6.87 percent.  Comparatively, a year ago the rate averaged closer to the bottom of the 6 percent […]
Uncategorized Mortgage Rates Not Expected To Drop Anytime Soon Interest rates are likely to come down later this year, with the Federal Reserve on track to start cutting rates. But mortgage rates might not follow as quickly. According to an article yesterday in the Wall Street Journal, that is because mortgages, and mortgage-backed bonds, just aren’t as in demand in financial markets as they […]
Real Estate Colors To Avoid When Selling Your Hom   Beware what colors you use when preparing to sell your home. Red is one of the most off-putting color, according to a survey of home staging and design professionals conducted by the home remodeling site Fixr.com.   “Red is an extremely strong color and may not be to everybody’s taste,” the study notes. Fixr […]
Real Estate Home Prices Increase 5.5 Percent Prices increased 5.5% nationally in December when compared with the previous year, the S&P CoreLogic Case-Shiller index showed today. That is up from the 5% annual increase recorded the prior month. On a monthly basis, prices fell 0.4%, according to the index. The 10-city composite, which encompassed Los Angeles, Miami and New York, rose 7% […]
Real Estate Home Sales Increase In January Existing home sales grew in January with three of the four major U. S. regions showing accelerated sales, the National Association of Realtors reported today.  The gains were registered in the Midwest, South and West and remained steady in the Northwest. Year over year sales also improved in the West but decreased in the Northeast, […]
Real Estate Mortgage Rates Now Almost 7 Percent–Again The 30-year fixed rate mortgage average now stands at 6.9 percent, Freddie Mac reported today.  A year ago the average stood 0.4 percent lower.  The 15-year fixed rate mortgage average also moved up 0.53 percent reaching 6.29 percent. “Strong incoming economic and inflation data has caused the market to re-evaluate the path of monetary policy, […]
Real Estate Happy Valentine’s Day!   Whatever love looks like to you, I am ready to help you find it – in a home. Just send me an email if you’re ready to find your next property!  jf@JoanneFishman.com
Real Estate Mortgage Giant Expects Busy Home Buying Spring The average 30-year fixed-rate mortgage has remained in a narrow range over the last month and now stands at 6.69 percent, according to Fannie Mae.  This was up just 0.09 percent from the prior week and down from 7.79 percent which was hit October 26. “Given this stabilization in rates, potential homebuyers with affordability concerns […]
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Real Estate Outdoor Living Spaces Now More Important Here’s a tip to enhance the value of your home as well as your enjoyment of living there. Functional exterior living spaces are growing more important and have become a valuable add-on to any home, according to the National Association of Realtors. Who doesn’t desire an at-home retreat filled with lovely gardens, lounging areas, a […]
Real Estate Mortgage Rates Remain In The Mid-6% Range Freddie Mac, which operates in the US secondary mortgage market buying loans from approved lenders, reported today that mortgage rates have remained in the mid-six percent range for the past three weeks.  This has “marginally increased” home buyer demand, it said. This week it reported the average 30-year fixed rate mortgage was 6.66 percent, up […]
Real Estate Mortgage Rates Drop Below 7 Percent For the first time since August the 30-year fixed rate mortgage has dropped below 7 percent.  However, low inventory continues to keep home prices high.  Considering that the Federal Reserve is expend to lower the federal funds target rate next year, there is likely to be a gradual thawing of the housing market next year, […]
Real Estate Happy Thanksgiving Thank you to my wonderful clients for allowing me to help guide you home! Have a Happy Thanksgiving full of gratitude and love! 🏡💙
Real Estate Mortgage Rates Now Highest In A Generation Mortgage rates continued to move higher while mortgage applications dropped to the lowest level since 1996, according to the Mortgage Bankers Association (MBA).  Meanwhile Freddie Mac reported today the average 30-year fixed rate mortgage reached 7.49 percent, up from 6.09 percent a year ago.  This was just a fraction below the MBA’s reported average of […]
Real Estate How To Take Advantage Of The Fall Market Can you believe it’s already October? 🍁🍂🎃 Let’s get together for a Pumpkin Spice Latte and discuss the Autumn market! Give me a call today! 📲 #FallHomeSearch #AutumnRealEstate #FallIntoHomeOwnership #CBSocial #lamorindarealestate #eastbayrealestate #lafayettecalifornia #orinda #walnutcreek 
Real Estate Mortgage Rates Remain Flat   Mortgage rates continued to stay above seven percent this week as the Federal Reserve paused its interest rate hikes, according to Freddie Mac.  With these high rates, housing demand is cooling off and homebuilders are feeling the effect, Fannie Mae said in its report yesterday. For the first time in serval months builder sentiment […]
Real Estate Tips To Help Create A Secure Home   Your home is a place you want to feel safe and secure from the outside world. Implementing simple security practices helps create a secure environment for your loved ones. #safetyfirst #homesecuritytips #cbsocial
Real Estate Housing Affordability Falls To 16 Year Low   Housing affordability in California fell to the lowest level in nearly 16 years as interest rates remained above 6 percent for the third straight quarter and home prices remained high due to the limited supply of homes on the market,  the California Association of Realtors reported today.  Fewer than one in five home buyers, […]
Real Estate Mortgage Rates Rise Again Mortgage rates rose this week with the 30-year fixed rate average now at 6.9 percent, according to Freddie Mac. A year ago it stood at 5.13 percent. The combination of upbeat economic data and the U.S. credit rating downgrade were behind the upside move, it said. “Despite higher rates and lower purchase demand, home prices […]
Uncategorized Dog Days Of Summer See Continued Low Housing Inventory   These must be the dog days of summer with this heat.  But before you know it August will be here and kids will be going back to school.  The real estate market here never really saw the normal spring and summer rush to buy homes. Reality just seemed to step in.   Mortgage rates […]
Uncategorized Mortgage Rates Drop Slightly   Mortgage rates slid down again this week, according to Freddie Mac. However, they remain higher when compared to last year. Potential homebuyers have been watching rates closely and are waiting to come off the sidelines, said Freddie Mac.  The average 30-year fixed-rate mortgage this week is 6.67 percent which is down 0.02 percent from […]

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