Strong economy could lift 2024 home sales: Fannie Mae forecast
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
by Matt Carter Feb 23
NAR President: Commission changes will 'marginalize' buyers
NAR President Tracy Kasper appeared on CNBC's 'The Exchange' Thursday to discuss mortgage rates, affordability and the potential harm of changes to the current commission structure
by Marian McPherson Dec 15
Why US consumers are souring — and what that means for housing
Maegan Sherlock, senior research analyst for John Burns, spoke with Intel about the results of the firm's latest household sentiment survey: 'I was hoping to see a new magic mortgage rate'
by Daniel Houston Oct 11
Homebuyer dollar stretching further as rates drop: Zillow
As mortgage rates have dropped from a roughly 7% peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3K monthly payment
Most homebuyers forking out big bucks to buy down mortgage rate
While mortgage rates have eased and home prices have fallen in many markets, affordability still has a 'stranglehold on much of the market,' according to research released by Black Knight
by Matt Carter Feb 7
Homebuyer demand for mortgages up for second week in a row
Purchase loan requests rise 3% week over week as mortgage rates ease but remain down 39% from the same time a year ago
by Matt Carter Jan 25
Mortgage rate swing created 'more normal' market in December
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report.
by Marian McPherson Jan 19
What Biden's student loan forgiveness means for real estate
After months of speculation, the Biden administration just announced that it will wipe out as much as $20,000 in individual student loan debt
by Jim Dalrymple II May 13
3 reasons your clients should transact now
Spiraling home values, soaring inflation and increased interest rates mean less buying power for all consumers. In other words, the house they can afford today may be out of reach tomorrow. Here’s what your clients need to know
by Bernice Ross Oct 19
Mortgage rates hit new all-time low for 15-year loans
Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory; rates for 30-year loans dipped as well
by Daniel Houston Jul 22
Mortgage rates settle in, hovering around 3%
So far, bond markets are taking the prospect of Fed tapering of monthly purchases of $40B in mortgage-backed securities and $80B in Treasuries in stride
by Matt Carter May 20
homeseller profits
As home prices surge and consumers recall the last time the housing market was this hot, it’s no wonder that fears of a housing crash have begun to surface
by Kelsey Ramírez Apr 13
Mortgage rates continued to climb this week
After falling to historic lows last year, rates have climbed back over 3% but still remain lower than last year's levels
by Patrick Kearns Mar 18
Mortgage rates fall to record new low as home sales begin to sputter
The average rate for a 30-year, fixed-rate mortgage fell to 2.71%, the lowest number ever recorded by Freddie Mac's weekly survey of rates, which dates back to 1971
by Patrick Kearns Dec 3
Mortgage rates hit another historic low amid electoral uncertainty
With 30-year, fixed-rate mortgages dropping to 2.78%, it's the 12th time this year that rates have hit a new low, according to data released Thursday by Freddie Mac
by Patrick Kearns Nov 5