Mortgage Activity Increases Despite Rise in Interest Rates
Through the week ending October 6th, total mortgage activity increased 0.6% from the previous week and the average 30-year fixed-rate
Read MoreThrough the week ending October 6th, total mortgage activity increased 0.6% from the previous week and the average 30-year fixed-rate
Read MoreIt was shown that private residential construction spending rose 1.4% in July, which followed a 1.5% increase in June and
Read MoreBy Ksenia Potapov The many twists and turns of the housing market over the last few years have made it
Read MoreInventory is low, it’s been low, hence the solid demand from potential homebuyers. This coupled together has offset high mortgage
Read MoreTypically considered rate-sensitive, the housing market has proved to be resilient By Alex Thomas The Federal Reserve has raised rates
Read MoreThe Austin housing market has improved immensely within the past 6 months of 2023. Despite a slight uptick in mortgage
Read MoreIn a higher mortgage rate environment, where many existing homeowners stay put and limit the supply of homes for sale,
Read MoreThe market is improving for home construction as home builders are geared towards more first-time home buyers. This is all
Read MoreTotal mortgage activity increased 7.2% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate fell five basis
Read MoreBuyers’ expectations of housing availability edged up slightly in the first quarter of 2023, with 26% expecting the home search
Read MoreIn March, the median asking price for rent dropped 0.4% year over year to $1,937. This was the first time
Read MoreThough battling building material issues, builders remain confident with builder confidence rising to 45 points for newly built single-family homes
Read MoreContinuing its trend downward, the 30-year fixed mortgage rate dropped for the fourth straight week in a row to 6.28%.
Read MoreIn February, existing home sales jumped 14.5%, median house prices fall from 0.2% to $363,000 as compared to a year
Read MoreThe National Association of Home Builders/Wells Fargo Housing Market Index rose from 7 points to 42 in February. According to
Read MoreComparing the health of U.S. housing markets based on demand, supply and financial data By Patrick Duffy During these challenging
Read MoreNew home sales rose, climbing 7.5% in purchases. According to Bloomberg, sales of new US homes unexpectedly rose in October, largely
Read MoreThe turn we’ve all been waiting for has finally happened. Housing prices are down in 77% of U.S. metro areas.
Read MoreAs new data was released, it was found that mortgage rates have risen to above 6% for the first time
Read MoreWith housing just having delivered the worst two month hit since 2008, a 1970’s housing market is very much a
Read MoreWith inflation cooling last month, so is the U.S. housing market, but with a slight catch. According to WGNO, the
Read MoreA potential market crash has surged and is around the corner as the U.S. housing market could sharply decline due
Read MoreFor the first time since June 24 mortgage applications inched up. According to CNBC, the slight increases came as mortgage
Read MoreBeing priced in a recession by financial markets puts downward pressure on mortgage rates. According to Fortune, while the Fed doesn’t
Read MoreU.S. mortgage applications to buy or refinance a home fell to the lowest since the turn of the century. According
Read MoreIn June, homebuilders broke ground on 982,000 single-family homes. That’s down 19% since February, and down 16% from February of
Read MoreThough there was a rise in the percentage of deals, 15% of home deals that entered contract fell through, equivalent
Read MoreReluctancy to lower home prices has houses sitting on the market, giving buyers more options thus changing the market dynamic
Read MoreWith high grocery prices and even higher gas prices, it feels like the 1980s all over again. Along with high
Read MoreWith home prices dropping and the spike in mortgage rates, the pandemic housing boom has been brought to an end.
Read MoreMortgage rates have risen to 5.78% in early June. At that rate, an average monthly mortgage payment would be $2,127,
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