Affordability challenges will limit growth in home sales to 0.5% this year — to just 4.78M — before surging to 5.19M in 2025, according to the latest housing forecast from Fannie Mae economists
One issue for would-be homebuyers seeking jumbo mortgages is that rates haven't come down as dramatically as they have for conforming mortgages eligible for purchase by Fannie and Freddie
After spiking in the wake of the June 27 presidential debate, mortgage rates are trending down again on mounting expectations that the Federal Reserve will start cutting rates in September
2 years ago, 9 out of 10 mortgages had rates below 5%. Today, ICE Mortgage Monitor data shows there are 5.8M fewer sub-5% mortgages, and 1 in 4 borrowers has a higher rate
'The US housing market is stuck, and we are not convinced it will become unstuck anytime soon,' economists at Bank of America Global Research said of ongoing housing affordability issues
Author Bernice Ross and New Western's Kurt Carlton discuss how investor-led rehab can solve inventory problems by breathing new life into America’s aging and abandoned vacant homes
Homeowners with at least a 5% mortgage rate are 3 times as likely to enter the market soon as those with a sub-3.5% rate, according to results from Inman-Dig Insights' latest consumer poll
Homeowners with at least a 5% mortgage rate are 3 times as likely to enter the market soon as those with a sub-3.5% rate, according to results from Inman-Dig Insights' latest consumer poll
As the first day of spring arrives, 3 economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive US home sales
The additional boost to 2024 home sales might come at the expense of slightly slower growth next year due to elevated mortgage rates, economists at the mortgage giant said Friday
Loan applications for new-home purchases were up 19% from a year ago, according to a survey of builders by the Mortgage Bankers Association that's been an accurate predictor of trends
Active and new listings experienced single-digit increases for the 3rd consecutive month in January, according to Realtor.com's latest market report
A white paper published on Tuesday said sale-leaseback programs can save nearly 9M homeowners from permanently losing their homes amid current economic woes
Realtor.com data shared at Inman Connect suggests there will only be 3 listings per agent in 2024 and that sellers who want to close a deal in April are already looking for representation
Purchase mortgage applications surge by 8% as homebuyers seeking to take advantage of recent decline in rates get an early jump on the spring homebuying season, MBA lender survey shows