Don't expect mortgage rate relief anytime soon: Fannie Mae
The GSE's latest outlook pins the 30-year fixed at 6.3% through year-end
by Nick Pipitone May 19
Fed holds interest rates steady amid inflation, Iran conflict
The committee said it would continue to monitor financial and international developments
by Katie Passantino Mar 18
The market keeps tipping toward a pool of reluctant buyers
Buyers who remember the pandemic-era market continue to hold out for sweeter deals
Mortgage applications saw healthy boost during sub-6% rate week
This week's rate spikes and conflict in Iran could lead to a new downturn in applications
Mortgage rates surge upward amid Iran conflict
Rates have reversed, hitting 6.15% on Tuesday in response to overseas conflict
Mortgage rates have dipped below 6%. Here's where it may unlock more transactions
The drop to 5.99% on 30-year fixed-rate mortgages in the wake of shifting tariff policies could unlock transactions in select markets in the Midwest and South, according to a new analysis
by Lillian Dickerson Feb 24
December canceled homebuyer contracts
Homebuyers in the US canceled about 40K purchase agreements during the month of December — a record for any December dating back to at least 2017
by Lillian Dickerson Jan 26
US government shutdown impacts to real estate
The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown's 3rd week
by Lillian Dickerson Oct 17
'Construction is in a funk': Homebuilding improves, but inventory issues remain
The slight monthly boost comes as builders continue to battle economic headwinds and cooled buyer demand. Housing starts and completions are not on track to meet national inventory needs
by Lillian Dickerson Aug 19
Down payments set shrinking course for 1st time in 2 years
Down payments are declining as home prices are rising because buyers are facing affordability challenges or opting to reserve more of their cash because of economic uncertainty, Redfin said
by Lillian Dickerson Jun 16
Buying vs. renting: The income gap is widening, Redfin says
The typical American now needs to earn over $116,600 annually to afford a median-priced home in the US, compared to just $64,160 needed to afford an average apartment, according to Redfin
by Richelle Hammiel Apr 10
Build-to-rent homes hit record high in 2024 with no signs of slowing
In 2024, a record 39K single-family rental homes were completed, marking a 15.5% jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday
by Richelle Hammiel Apr 7
Most Gen Z sellers have regrets over pandemic home purchases
Five years after the arrival of COVID in the US, 94% of Gen Z and 86% of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor
by Richelle Hammiel Mar 27
US home prices rose modestly in January, led by NYC and Chicago
The FHFA Housing Price Index posted a 4.8% annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1%, according to new data released Tuesday
by Richelle Hammiel Mar 25
Pending home sales fall 4.6% to an all-time low, NAR says
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6% to 70.6 in January, marking an all-time low, according to NAR data
by Richelle Hammiel Feb 27