Mortgage rates jumped 23 basis points week-over-week, hitting a high mark last seen in late 2008, as heightened inflationary concerns are pushing more prospective buyers back to the sidelines.
Read More »New Home Listings Down Nearly 30% YoY
HouseCanary, Inc. has released its latest monthly Market Pulse report, covering 22 listing-derived metrics and comparing data between August 2021 and August 2022, which found that the housing market ...
Read More »House-Hunting Process Wearing on Renters
According to a new Zillow report, finding and landing a rental is stressing Americans out nationwide. The typical monthly rent in the U.S. has soared to a record ...
Read More »Which Metros Offer the Best Chances of Obtaining Homeownership?
In modern-day America, even a top job’s paychecks do not always open the door to acquiring homeownership. However, regional differences still make it possible for workers in a ...
Read More »Purchase Apps Hit Month-Long Slide
With mortgage rates spiking upward, mortgage application volume took another hit, falling for the fourth consecutive week, as markets continued to re-assess the prospects for the economy and the path of monetary policy.
Read More »Consumers Continue to Express Pessimism About Homebuying Conditions
The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 0.8 points in August to 62.0, the sixth consecutive monthly decline of the index, according to their latest report. Surveyed consumers ...
Read More »Women in Housing: Industry Trailblazers Take Center Stage
The Five Star Institute spotlights five individuals who have broken down barriers and have enacted change within their own organizations, all nominated for the Trailblazer Award, which will be awarded at its upcoming Conference and Expo in Dallas.
Read More »Rental Deserts Sustaining Racial Disparities in Housing
Racial discrimination within the housing market has been documented on many occasions, with homeowners or buyers of color experiencing some type of hurdle throughout the housing process. Nearly ...
Read More »Using Alternative Data to Better Serve Marginalized Communities
In an effort to increase inclusion in the mortgage lending process, the industry is working to introduce nontraditional data to empower underserved populations.
Read More »Home Price Growth Takes a ‘Decisive Turn’
The latest iteration of CoreLogic’s Home Price Index (HPI) for July 2022 showed the annual home price growth rate slowed for the third consecutive month in July yet ...
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