Author Archives: leonardrealestategroup

RATES SLIDE TO LOWEST LEVEL IN 3 MONTHS via realtor.com—The Freddie Mac 30-year mortgage rate fell to 6.67% this week, a 10-basis-point drop and the fifth consecutive week of decline. The broader economic backdrop remains mixed, with persistent inflation pressures, … Read More

HOME SELLERS FACE HARSH NEW REALITY AS LISTINGS HIT RECORD VALUE via foxbusiness.com—U.S. home listing prices hit an all-time high, signaling a potential shift toward a buyers’ market, according to industry experts. In total, the value of homes in the … Read More

Elderly Americans Hanging on Tight to Homeownership via themortgagepoint.com—Hang on tight, because many U.S. homeowners aren’t budging when it comes to letting go of their American Dream. A Redfin-commissioned survey found that roughly one-third (33.5%) of baby boomers who own … Read More