By Bailey Schulz | Jan 23, 2023
Anna Raymond was ready to make the switch from renting to owning a home last spring. But after five failed offers, she and her husband decided to take a step back from house hunting.
Then, in December, their real estate agent presented an offer too good to pass. A home in Longmont was up for sale, and the seller was willing to offer a 2-1 interest rate buydown.
By Bailey Schulz | Jan 19, 2023
A dip in mortgage interest rates is spurring demand from homebuyers, according to a new report from the Mortgage Bankers Association, or MBA.
Mortgage applications last week jumped 28% from the week prior, according to seasonally adjusted data. The MBA’s refinance index also spiked 34% from the previous week.
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