With the average homeowner spending $442 a month on property taxes and insurance, real estate agents and mortgage lenders are urged to help their clients shop for better deals
After growing by 22% last year, inventory is 'a bright spot for a market that’s been dealing with deep deficits in recent years,' according to ICE Mortgage Monitor report for February
If mortgage rates fall by another percentage point, ICE Mortgage sees homebuyers' monthly payment dropping by $236 and nearly 7.2 million homeowners 'in the money' for a refinance
2 years ago, 9 out of 10 mortgages had rates below 5%. Today, ICE Mortgage Monitor data shows there are 5.8M fewer sub-5% mortgages, and 1 in 4 borrowers has a higher rate