Investors who fund most home loans are now convinced that the Federal Reserve won't cut rates again until June after employers add 256K jobs and unemployment falls to 4.1%
Homebuyers began the new year with more home tours; however, Redfin says elevated mortgage rates have stopped them from signing contracts
With mortgage rates back to where they were last summer, purchase applications are coming in at the slowest pace since February 2024, Mortgage Bankers Association lender survey finds
Americans are more hopeful that the economy is on the right track than they were a year ago, but only 1 in 5 thought December was a good time to buy a home, Fannie Mae surveys show
High home prices and elevated mortgage rates have pushed turnover rates to the lowest level in decades. Baby boomers and Gen Xers are most likely to say they'll never move
A growing pool of buyers — and an increasingly optimistic cohort of agents — may signal a boost in the next batch of home-sale numbers, Intel Index survey results suggest
New listings rose 8% toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say
In November, active listings rose 0.5% month over month and 12.1% year over year, according to Redfin's analysis
Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall
From Hoby Hanna to Anywhere's Sue Yannaccone, real estate leaders are cautiously optimistic about the new year, telling Inman the worst of 2024's tumult may be fading in the rearview mirror
According to Inman's 2025 economic outlook, a soft landing for the economy would mean home prices keep rising and mortgage rates settle in at around 6%, with sales varying widely by region
Core inflation rose less in November than had been expected, in part because housing costs rose at a slower pace, Pantheon Macroeconomics Chief US Economist Samuel Tombs said
Existing-home sales rose 6.1% annually in November while 3 out of 4 US regions saw increases from 2023, according to new data released Thursday by the National Association of Realtors
Bond market investors who fund most mortgages focus on the latest dot plot, which shows Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025
Requests for purchase loans picked up last week during a short-lived drop in rates, MBA survey shows, helped by gradually improving inventory conditions and economic outlook