Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy
Buyers are torn between acting before rates climb or avoiding all-time high prices as sellers look to act quickly, Redfin CEO Glenn Kelman said on CNBC earlier this week
Builder backlog, ongoing listings shortages and rising home prices prompt Fannie Mae economists to cut forecast for 2021 home sales
Amid widespread annual home price growth, 89% of all metros saw double-digit price gains, according to the National Association of Realtor's First Quarter Metro Home Prices report
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
The volume of mortgage applications declined 2.5% for the week ending Sept. 11, 2020, according to the Mortgage Bankers Association's weekly survey, released Wednesday
The market composite index, which measures mortgage loan application volume, increased by 2.9% on a seasonally adjusted basis. On an unadjusted basis, the index rose by 2.0%
The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new government-issued stimulus package
The coronavirus pandemic has resulted in lenders offering significantly lower average annual percentage rates to homebuyers and refinance borrowers
Redfin Chief Economist Daryl Fairweather shares what real estate trends she expects over the next year and beyond
The 30-year-fixed rate fell from 4.28% to 4.06%. Home sales jump expected as buyers rush to take advantage
Mortgage rates continued their 2-month slide, with a 30-year fixed-rate mortgage ending the year at 4.55%
Freddie Mac's chief economist says the next few months will be key for gauging the health of the housing market
Freddie Mac Chief Economist Sam Khater says buyers would be smart to act on rate decreases now
Remaining unchanged from the previous week, the 30-year fixed rate mortgage was reported at 3.32 percent