Tag Archives: Danielle Hale

Freddie Mac reports that rates are stabilizing, along with a modest improvement in the nation’s housing supply, as more homebuyers are poised to take advantage of these still-record-low rates.

Housing inventory was strong in August, experiencing its highest share in volume in 21 months according to a new report.

While still below the 3% range, the window of opportunity for refis remains wide open; however, high asking prices are turning many away from the purchase market despite the record low rates.

The average monthly cost to lease a house has shot up almost 10% nationwide, meaning more Americans might want to consider homeownership, economists say.

More smaller homes are being listed, injecting some much-needed supply into the nation’s housing market as new listings rose 6.5% in July.

After falling incrementally over the past month, mortgage rates climbed yet remained below the 3% mark for the fifth consecutive week.

With a 6.6% monthly drop-off, sales of new single‐family homes fell in June, as builders continued to feel the squeeze of an uptick in labor and material costs.

Freddie Mac has found that rates are on the slide for the second consecutive week, dipping further below the 3% mark.

With housing inventory drastically reduced, prospective buyers are jumping on the short supply, and listings are spending less and less time on the market.

Affordability remains a major stumbling block for homebuyers, with a dwindling supply forcing more to hold off making a home purchase.