The Mortgage Bankers Association (MBA), an industry group, recently increased its mortgage rate predictions and forecast for 2017. This was partly a response to the surge in mortgage rates that occurred during the last few weeks of 2016, and is shown in the chart below. MBA analysts expect that the average rate for a 30-year […]
Author: Brandon Cornett
Brandon is a full-time housing writer and creator of the Home Buying Institute. He has been covering the real estate industry for 12 years.
Houston, Texas Housing Market Forecast 2017
Home prices in Houston, Texas have never been higher than they are right now, and there’s a chance they’ll rise even higher during 2017. That’s the Houston housing market forecast for 2017, according to a number of real estate analysts, economists, and industry leaders. Related: Marketing support for Houston mortgage brokers Houston Housing Market ‘Sprinting […]
2016 Mortgage Rate Chart Shows Big Surge
On Thursday, December 15, Freddie Mac reported that mortgage rates rose again in their latest industry survey. But that’s just the tip of the iceberg. As shown in the 2016 mortgage rate chart below, home loan rates in three categories have risen for the last seven weeks in a row and are now at their […]
Phoenix, Arizona Real Estate Market Forecast for 2017
Home values in Phoenix rose steadily and sharply in 2016, climbing 9% to 11% depending on the source. But 2017 forecasts for the Phoenix housing market suggest that prices could rise more slowly over the next year or so. In a somewhat contradicting report, the National Association of Realtors made a prediction that Phoenix would […]
FHA Changes: Higher Loan Limits for 2017
On December 1, 2016, the Department of Housing and Urban Development (HUD) announced the revised FHA loan limits for 2017. The maximum loan limits for purchase mortgages were increased in most counties across the U.S., and will remained unchanged in some counties. There were no counties with a decrease. Next year, FHA loan limits for […]
Los Angeles Housing Market Forecast 2017: Home Prices Leveling
Home prices in Los Angeles, California have risen steadily — and significantly — over the last couple of years. But that might begin to change in the months ahead. Recent forecasts for the Los Angeles housing market suggest that prices could rise more slowly in 2017, compared to this year and last. Los Angeles Housing […]
Opinion: How a Donald Trump Presidency Could Destabilize the Housing Market
The Home Buying Institute is encouraging its readers to steer clear of Donald Trump on election day. We feel that his “business” practices and philosophies could spawn policies that would have a destabilizing affect on the U.S. housing market. Let’s go straight to the source. In 2006, before the last housing collapse, Trump stated: “I […]
Analysts Predict Mortgage Rates Will Rise in 2017, but Gradually
We’re halfway through October, with the end of the year right around the corner. That means a lot of would-be home buyers are looking ahead to 2017. And many of them have the same question: Will mortgage rates rise during 2017, and if so by how much? Unfortunately, nobody can predict future mortgage-rate trends with […]
5 U.S. Housing Market Forecasts and Predictions for 2017
It’s October, and at the Home Buying Institute that means it’s time to round up housing market forecasts and predictions for the upcoming year. “Cooling” seems to be the key word for 2017. Many analysts and economists expect the residential real estate market to cool down over the next 12 months, in terms of both […]
66-Page Handbook for Bay Area Home Buyers Available for Free
A new e-book published recently helps San Francisco Bay Area home buyers make informed decisions when buying a house in that red-hot real estate market. Bridgepoint Funding, a full-service mortgage company located in Walnut Creek, California, has published a 66-page handbook for Bay Area home buyers. The book can be downloaded in PDF format for […]