New listings of homes for sale fell 9% from a year earlier, and closed home sales were down 5%.
Read More »Housing Market Cools as Winter Approaches
A new study has found that monthly growth in both home values and rents eased in September, continuing a seasonal calming that began late summer.
Read More »Mortgage Origination 2022 Forecast to Hit $2.59T
While originations are expected to remain solid, the MBA expects refis will further slow next year, decreasing by 62% to $860 billion from $2.26 trillion in 2021.
Read More »Sunshine State Migration Forces Rise in Home, Rental Rates
Three Florida metros saw a 36% gain in rent prices, as more continue to escape expensive northeast metros in favor of southern markets.
Read More »Boomers Are Winning the Housing War
Long-time homeowners who can tap equity gains have an advantage over younger homebuyers who are often bidding for their first home and are unable to include as much cash in their offers.
Read More »Mortgage Rates Rise to Six-Month High
Eclipsing the 3% mark for the first time since April, fixed-rate mortgages hit 3.05% this week, with inflationary pressure building due to lingering pandemic issues, and a constricting monetary policy.
Read More »Increase in Purchase Apps Offsets Decline in Refis
Mortgage application volume held steady week-over-week according to a new report, as a slight drop in refis was countered by a rise in home purchases.
Read More »What Are the Most Cost-Effective Days to Buy a Home?
According to an analysis of historical home sales, ATTOM finds the best and worst days of the year to buy a home.
Read More »Housing Affordability Shows Improvement in August
Year-over-year, affordability declined in August, but progress was seen month-over-month, with median family income on the rise.
Read More »Mortgage Rates Dip Slightly Below the 3% Mark
While rates continue to hover at record lows, a rise in economic and financial market uncertainties, competition remains high for tight inventory as affordability issues linger.
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