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February 15, 2024

Mortgage Rates Rise 2/15/2024

“On the heels of consumer prices rising more than expected, mortgage rates increased this week,” said Sam Khater, Freddie Mac’s Chief Economist. “The economy has been performing well so far this year and rates may […]
February 13, 2024

What’s Really Happening with Mortgage Rates?

Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that […]
February 8, 2024

Mortgage Rates Show Little Movement

“Mortgage rates remain stagnant, hovering in the mid-six percent range over the past several weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “The economy and labor market remain strong with wage growth outpacing inflation, which […]
February 8, 2024

Why Having Your Own Agent Matters When Buying a New Construction Home

Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percentage of […]
February 2, 2024

Mortgage Rates Tick Down 2/1/2024

“Although affordability continues to impact homeownership, the combination of a solid economy, strong demographics and lower mortgage rates are setting the stage for a more robust housing market,” said Sam Khater, Freddie Mac’s Chief Economist. […]
January 31, 2024

Data Shows There Isn’t a Wave of Foreclosures

Foreclosure Activity Is Still Lower than the Norm Have you seen headlines talking about the increase in foreclosures in today’s housing market? If so, they may make you uneasy about what’s ahead. But remember, these clickbait […]
January 30, 2024

Factors That Impact Mortgage Rates

If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever […]
January 25, 2024

Rates Inch Up but Remain in the 6% Range 1/25/2024

“The 30-year fixed rate has remained within a very narrow range over the last month, settling in at 6.69% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Given this stabilization in rates, potential homebuyers […]
January 20, 2024

Las Vegas Water Smart Landscapes Rebate

Residential properties Whether you do it yourself or hire a contractor, the Southern Nevada Water Authority will rebate single-family residential properties $5 per square foot of grass removed* and replaced with desert landscaping up to the […]
January 18, 2024

Mortgage Rates Lowest Level Since May of 2023

“Mortgage rates decreased this week, reaching their lowest level since May of 2023,” said Sam Khater, Freddie Mac’s Chief Economist. “This is an encouraging development for the housing market and in particular first-time homebuyers who […]