Rising household incomes are more than likely to offset the effects of higher borrowing costs because of rising interest rates, according to data of The Real Home Price ...
Read More »Mortgage Apps on the Rise
Mortgage rates are up and so is the volume of mortgage applications, which increased 4.8 percent from a week earlier according to the latest data from the MBA ...
Read More »Mortgage Rates Surge
Mortgage interest rates on conventional purchase-money mortgages increased in February from the month prior according to data from the Monthly Interest Survey released by the Federal Housing Finance ...
Read More »Study Says: Home Sales to Remain Flat
As we get into the homebuying season, it’s time to look at some of the trends that began last year and are still defining 2018. The National Housing ...
Read More »Existing Home Sales Spring Back
After two consecutive months of decline, existing-home sales rebounded in February rising 3 percent, according to the existing-home sales report released by the National Association of Realtors (NAR) ...
Read More »After Fed Hike, Mortgage Rates Could Rise Again
On Wednesday, after Jerome Powell's first Federal Open Market Committee (FOMC) meeting as Fed Chair, the Federal Reserve announced that it had increased the Fed funds rate by ...
Read More »How will Fed Rate Hikes Affect Housing?
The meeting of the Federal Open Market Committee (FOMC)—the policy-making arm of the Federal Reserve begins today. This is also the first time that the meeting is being ...
Read More »Fannie Mae: Housing Market Headwinds are Temporary
The housing market might have had a rough start to the year, but according to Fannie Mae’s Economic and Housing Outlook released on Monday, this quarter seems to ...
Read More »Study Says: Home Affordability at its Lowest Since 2009
How much does it take to buy an average single-family home in the country? The answer would be approximately $283,000 according to Black Knight Inc’s Mortgage Monitor Report ...
Read More »Demand for Homes Remains Upbeat Despite Headwinds
The demand for housing is on the rise despite headwinds like inventory shortage, increased mortgage rates, and volatile stock markets according to online brokerage firm Redfin, which released ...
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