NEWS: Minority homeownership rate hits eight-year high

8 year high

Arnie Aurellano February 05, 2020 Data from the U.S. Census Bureau’s quarterly Residential Vacancies and Homeownership Survey revealed that the nation’s minority homeownership rate increased to 48.6% in fourth-quarter 2019. That’s up 0.8 percentage points from fourth-quarter 2018 and the highest figure since third-quarter 2011, when the rate reached 48.9%. The National Association of Home…

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NEWS: Mortgage rates are at three-year lows — here are 5 questions to ask yourself before you refinance your mortgage

Jacob Passy February 12, 2020 The average rate for a 30-year fixed-rate mortgage now stands at 3.45%, the lowest since 2016 Mortgage rates are resting near record lows — and that’s spurring a wave of refinancing activity as Americans look to take advantage of the savings a cheaper interest rate could bring. Refinance loan volume…

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