Some Highlights:

  • Interest Rates are still below historic numbers.
  • 88 percent of property managers raised their rent in the last 12 months.
  • Credit score requirements to be approved for a mortgage continue to fall. The 723 average score is the lowest since?Ellie Mae?began reporting on scores in August 2011.
  • The average first-time home buyer down payment was 6 percent in 2015 according to?NAR.

For more information, please contact The Olear Team today!