TWiRP-June 6, 2015

This week in rental property, 30-year fixed mortgage rates remained at the highest level of the year, at 3.87 percent. CNBC covers how the market is responding to the upward trend of the rates. Business Insider compares the behavioral difference of homeowners of today and the past. With the rate on the rise, U.S. News & World Report says that now is the time to refinance mortgages and presents 11 steps to how to do it. Next, we take a look at the shift happening in single-family rent properties. Realtor.com released a report on 20 hottest U.S. real estate markets for buyers and sellers based on visits and searches. CNN gives an insight on why Denver has become the hottest city in U.S. real estate market.

TWiRP

Mortgage Rates Update

Mortgage rates: ‘Definitely in panic mode’

  • “Definitely in panic mode,” said Matt Weaver, senior mortgage loan originator with PMAC Lending Services. “A lot of refinance clients are moving to locks immediately because the Fed talk is starting to be an eye opener for everyone”: http://www.cnbc.com/id/102733866

A critical difference between the US housing market today and during the bubble

 A Complete Guide to Refinancing Your Home Mortgage

Single-family rental properties shed stigma and become increasingly popular option

The 20 Hottest U.S. Real Estate Markets in May 2015

  • Economists at realtor.com have ranked the nation’s 20 hottest real estate markets for buyers and sellers. Looking at the nation’s 300 largest markets, the team used the number of views per listing on realtor.com to gauge demand, and the median age of inventory to assess supply: http://www.realtor.com/news/trends/hottest-real-estate-markets-may-2015/

The Pot Effect on Denver’s Housing Market

About the author

Jiwon Park

Add comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

By Jiwon Park