One economist said Wednesday, 'Homebuyers remain active at the start of 2026.' Another expert noted that 'mortgage rates are nearly a full percentage point lower than they were a year ago'
The 2.4% increase ahead of an official announcement in November surpasses more cautious 1.5% increases adopted last month by UWM, Pennymac, CrossCountry and Rate
New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets
RocketRentRewards lets homebuyers earn closing cost credits equal to 10% of their verified rent payments over the past year — about $2,160 for those paying the average $1,800 in rent
Lender creates and funds an escrow account that's used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires
Privately owned housing starts were up 12.8% year over year in October, according to data released Thursday by the US Census Bureau
Housing starts jumped more than 17% from May to June as the housing market continues to recover from stay-at-home orders
Home prices rose 3.9% in January, but the data does not take into account the impact of the coronavirus pandemic, which didn't take hold in the US until late February
Housing starts are up 11.1% over November 2018 while permits increased by 13.6%
Quicken Loans released its monthly Home Price Perception Index, which found that, on average, appraised values were 0.34 percent less than what homeowners estimated in May.