The average 30-year fixed rate mortgage dropped to 3.13 percent for the week of Apr. 8, 2021, according to the Primary Mortgage Market Survey from Freddie Mac. This is down five basis points from 3.18 percent last week, and down from 3.33 percent last year.

This article is brought to you by Legacy Lending Home Loans!New Home Sales, which measures signed contracts on new homes, were down 6.6% in June, which was a significant miss and beneath expectations of a 3.4% gain. Looking at inventory levels - There were only 353,000 new homes for sale, which is up 7% from May. The Median home price was reported at $362,000, which is down 5% from the previous report and up 6% year over year. Taking a deeper look at the sales and inventory – 77% of the sales in June were for... read more

While a treehouse is still most commonly associated with kids’ games in the summer, it can make a home seem much more luxurious — and bump sales price. According to data released by Zillow, a treehouse was the outdoor feature that saw the sharpest increase in sales price. Listings mentioning it saw an average sales price increase of 2.2 percent, compared to 1.6 percent for a hot tub and 0.7 percent for a finished basement.... read more