Data

The days of rates in the 3% range may be numbered, as yesterday’s actions by the Fed to begin tapering may put upward pressure on rates moving forward.

ATTOM reports that as the national medium home sales continue on a torrid record pace, home sellers are increasing their profit margin by as much as 48% in the third quarter.

Fed Chair Jerome Powell has announced a slow tapering of the U.S. economy, as MReport examines the impact of the Fed’s actions on the nation’s housing market.

Pandemic-related supply and labor shortages, as well as a bottleneck in the nation’s supply chain, have contributed to an uptick in housing prices nationwide.

Overall mortgage application volume declined from last week, led by a drop in refinance volume to levels not seen since January 2020.

Loan originators saw a 2.44% decrease in per-loan commission rates in the third quarter, as purchase apps held steady, but refi apps tailed off.

A report highlights the five major trends seen in California that may dictate the future of real estate in the Golden State.

National home price growth hit 18% year-over-year in September, as major tech hubs continue to lead the way.

While the number of people looking to change metro areas has fallen over the last two quarters, it remains above pre-pandemic numbers.

Since the start of the pandemic, homeowners have reduced their mortgage payments by more than $1.3 billion per month through rate and term refinances.