Mortgage credit opening up to more borrowers
Mortgage market opens up in March, driven by job market and economic recovery
by Kelsey Ramírez Apr 8
Fed expects stronger economic recovery to come
During the Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals are met
by Kelsey Ramírez Apr 7
How low will it go? 2020 was the year of record-low mortgage rates
Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021?
by Patrick Kearns Dec 31
The best month of the year to buy a home in 2020 was November
The median monthly mortgage payment in the US hit a low of $1,094 in November 2020, making it the best month out of the year to buy a home, according to a Redfin analysis
by Lillian Dickerson Dec 23
Mortgage rates hit record low as Fed holds interest rates at zero
It's the lowest 30-year, fixed-rate since Freddie Mac began tracking the data in 1971
by Patrick Kearns Dec 17
Sotheby's CEO Philip White sees 'very positive' market trends
White described a robust market that has exceeded even his own expectations this year, and added that he believes homes will continue selling well in 2021
by Jim Dalrymple II Nov 25
New Fannie and Freddie fee could push homeowners off the fence
The government-sponsored enterprises are imposing a 0.5% fee on refinances, a move that, while garnering criticism, could convince homeowners to buy while rates are still low
by Patrick Kearns Aug 13
Fed moves likely to keep mortgage rates near historic lows for years
The US Federal Reserve also intends to continue purchasing mortgage-backed securities, Federal Reserve Chairman Jerome Powell said Wednesday
by Patrick Kearns Jun 10
NAR: This is not Great Depression
National Association of Realtors Chief Economist Lawrence Yun predicts inflation will be delayed for five or six years — and then the price of everything will rise
by Andrea V. Brambila May 14
Making sense of the headlines: Could we see another housing meltdown?
Opinion
There will certainly be negative impacts on the housing market from COVID-19, but I anticipate that total existing home sales will drop this year by somewhere between 10-15%
by Matthew Gardner Apr 28
Fed, Treasury launch $600B small business loan program
The Main Street Lending program will provide four-year loans to businesses with fewer than 10,000 employees
by Patrick Kearns Apr 10
Making sense of the headlines: How will the housing market fare?
Opinion
Looking for a little clarity on this week's economic and housing news? Windermere Chief Economist Matthew Gardner gives his take on this week’s headlines
by Matthew Gardner Mar 30
Fed cuts interest rate to nearly zero. What does it mean for real estate?
Realtor.com Chief Economist Danielle Hale believes mortgage rates could go lower this week, but rates and affordability won't be the only thing impacting the housing market
by Patrick Kearns Mar 16
Fed issues emergency interest rate cut amid coronavirus uncertainty
The stock market plummeted last week at a historic rate before rebounding Monday
by Patrick Kearns Mar 3
How to give first-time buyers the low-down on down payments
Helping millennial homebuyers find the right loans for them
by Steve Cook Feb 25