Tag Archives: Affordability

Fannie Mae forecasts an end-of-year surge to drive home sales upward, followed by supply challenges to begin the New Year.

New economic data finds that prospective buyers must withstand an impending whirlwind market heading into the new year.

A slight month-over-month uptick of 0.8% in October continued the trend of a second straight month of gains for this metric.

A new report finds that the seasonal fall market, while still hot, is cooling and buyers who waited out the storm will benefit.

After dipping below the 3% mark last week, fixed-rate mortgages climbed on the strength of a rise in consumer spending and improvements in unemployment.

For the first time in over a month, mortgage rates have dropped below the 3% mark, signaling a strong finish for the purchase and refi markets to close out 2021.

Rising at an annualized rate of 17.6%, the latest analysis has found that home prices across the nation continued to climb at a record pace in September.

U.S. home price appreciation reached 20.7% in August 2021, marking the third straight month it has reached a new record mark, according to the latest findings by First American.

Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns.

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.