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
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
Homebuyers entering the market even as mortgage rates stabilize
Purchase loan applications are up 9% from a year ago, as inventories of new and existing homes increase and lower mortgage rates help with affordability, MBA lender survey suggests
by Matt Carter Oct 2
Homebuyers continue to take advantage of falling rates
Demand for purchase mortgages has picked up in 5 out of the past 6 weeks, and applications to refinance have roared back, jumping 27% from a year ago, MBA survey shows
by Matt Carter Dec 13
Mortgage demand flattens as rates make another run toward 6%
No sign of a rebound in purchase applications, but August data showing a strong job market 'should support housing demand,' MBA economist says
by Matt Carter Sep 7