Julian Reis, Coldwell Banker HPW

09/27/2024

Here's this week's Market News You Can Use, a roundup of news and resources. As always, please feel free to reach out to me with any mortgage or market related questions.


30-Year Fixed National Average Rates, as of September 26

Conventional: 6.21% ↑
FHA: 5.80% ↑
Jumbo: 6.41%↑
VA: 5.82%↑
Source: mortgagenewsdaily.com daily rate survey. Learn more here: https://www.mortgagenewsdaily.com/mortgage-rates

09/16/2024

Here's this week's Market News You Can Use, a roundup of news and resources. As always, please feel free to reach out to me with any mortgage or market related questions.


30-Year Fixed National Average Rates, as of September 12

Conventional: 6.15% ↓
FHA: 5.69%↓
Jumbo: 6.40% ↓
VA: 5.70% ↓
Source: mortgagenewsdaily.com daily rate

09/06/2024

30-Year Fixed National Average Rates, as of September 5

Conventional: 6.35% ↓
FHA: 5.72%↓
Jumbo: 6.55% ↓
VA: 5.75% ↓
Source: mortgagenewsdaily.com daily rate survey. Learn more here: https://www.mortgagenewsdaily.com/mortgage-rates

07/12/2024

30-Year Fixed National Average Rates, as of July 11

Conventional: 6.85% ↓
FHA: 6.29% ↓
Jumbo: 7.09% ↓
VA: 6.33% ↓

06/28/2024

Here's this week's Market News You Can Use, a roundup of news and resources. As always, please feel free to reach out to me with any mortgage or market related questions.


30-Year Fixed National Average Rates, as of June 27

Conventional: 7.05%↑
FHA: 6.49%↑
Jumbo: 7.26%↑
VA: 6.50% (no change)

06/21/2024

30-Year Fixed National Average Rates, as of June 20

Conventional: 7.02%↑
FHA: 6.48%↑
Jumbo: 7.25%↑
VA: 6.50%↑
Source: mortgagenewsdaily.com daily rate

05/24/2024

30-Year Fixed National Average Rates, as of May 23

Conventional: 7.17% ↑
FHA: 6.70% ↑
Jumbo: 7.42% ↑
VA: 6.74% ↑

05/22/2024

That's part of the inflation cycle that everyone is experiencing.

Starting in 2025, North Carolina will have the strictest minimum liability coverage requirements in the country. The law change will allow victims of crashes to collect much more money from at-fault parties.

02/09/2024

Get ready to get around the Triangle.

Phase 2 of the Complete 540 Project includes adding six interchanges, 24 bridges and 14 culverts by 2028.

01/24/2024

Tax rate expected to change.

An overvaluation can lead to an inflated tax bill, making a homeowner pay more than necessary. Wake County is expected to hear tens of thousands of appeals.

01/23/2024

Tax Revaluation

The revaluation comes at a time when the cost of homeownership is higher than we saw during the pandemic - with mortgage rates hovering around 7 percent.