fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107

APPLY NOW!

Mortgage Industry News

« Return to Mortgage Industry News

Home Price Gains Picked Up Speed in Q4

Thursday, February 13, 2020

Inventory issues remain a major concern and are pushing home prices in urban America still higher. The National Association of Realtors'® (NAR's) quarterly report on metropolitan home prices says 170 or 94 percent of the 180 metropolitan statistical areas (MSAs) it tracks, posted appreciation in their median home price during the fourth quarter of 2019. Ninety-three percent had gains in the third quarter. The national median existing single-family home price was up 6.6 percent from the median of $258,000 a year earlier. The annual rate of appreciation was 5.1 percent in the third quarter.

 

Read Full Article

Testimonial

I appreciated most that the mortgage was approved ! Seriously, Midwest Family Lending was a blessing right from the start. I am so happy and lucky that I was referred to MFL. Sara kept me informed and was a pleasure to work with from day one when I was still living in NY. She walked me through everything and was ALWAYS available.
John K.