Tag Archives: Realtor.com

Gains were seen in the number of homes available in June, as a new study found home prices continuing to shatter records.

For the first time in 10 weeks, mortgage rates have risen above the 3% mark, with forecasters projecting a gradual rise in rates to close out 2021.

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

Even with rates bordering the 3% mark, both purchase applications and refi volume saw slight declines this week with the continued cloud of low inventory and high prices factoring into homebuyer’s decisions.

Rates climbed slightly this week, but remain in refi-friendly territory as the struggle between low supply and high demand continues in the housing market nationwide.

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.

Freddie Mac reports mortgage rates dipping again below the 3% mark, as the trend of inconsistency continues to rock the housing market.

Buyers who made their purchase during the pandemic felt at ease with their decision, according to a survey, with many stating their home meets their needs.

Nationwide, home prices continued to accelerate in the month of March, with most of the nation’s major cities showing major gains.