National News

Mortgage rates fall to four-month low as buyers return to market

Homebuyers may catch a break this month as rates have come down nearly a point from the recent high on fears of a recession.

Mortgage rates fall below 5% — for the first time since April

The 30-year fixed-rate mortgage averaged 4.99% as of Aug. 4: down 0.8% from last week. The news marks the first time since April that mortgage rates have dipped below 5%.

The worst neighbor annoyances — ranked

Are your neighbors the worst? Whatever it is that grinds your gears, you can bet it comes in on this list of the top neighbor frustrations.

BidMyListing platform met with questions as it expands nationally

The platform, which recently announced its entry into markets across the country, is led in part by Josh Altman of Million Dollar Listing.

Federal Reserve raises interest rates by .75% — again

Matching June’s historic move, the Federal Reserve announced that interest rates are rising .75%. The target range for the federal funds rate now sits between 2.25% and 2.5%.

Four Washington Realtors make annual Top 250 Hispanic agents list

The National Association of Hispanic Real Estate Professionals released its 11th annual Top 250 Latino Agents Report.

10.5% of Seattle home-purchase agreements fell through in June 

About 14.9% of home-purchase agreements nationwide fell through in June, the highest percentage in more than two years.

New Zillow tool helps military vets find VA loan-eligible condos

The tool takes the guesswork out of the home-shopping process by highlighting condos eligible for Veterans Affairs (VA) financing.

Washington home price growth up 10% in May, deceleration on the horizon

Steeper mortgage rates and priced-out buyers paved the way to a slightly cooler housing market in Seattle and other major cities this spring, hinting that the booming post-pandemic seller’s market may have an expiration date. 

Housing inventory rebounds at record rate in largest metros, and Seattle is on trend

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.

Oops! We could not locate your form.