Will lower mortgage rates revive homebuyer demand?
The largest weekly decline in mortgage rates since 2020 sparks increase in home loan applications after 4 weeks of declining demand, MBA's survey says
by Matt Carter Aug 3
Knock unveils new plan to help homebuyers reduce mortgage rate
Interest-free home equity advances to Knock Home Swap clients can be used to buy down mortgage rate or make a bigger down payment
by Matt Carter Aug 2
Home prices down from peaks in quarter of nation's top 50 markets
Falling sales are driving inventory growth, but it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight's latest monthly Mortgage Monitor Report
by Matt Carter Aug 1
A pivotal earning season is beginning. Here's what to know
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
by Jim Dalrymple II Aug 1
Buyer interest creeps upward as mortgage rates inch down
Redfin's Homebuyer Demand Index increased 15 points since June 15, reversing 10 straight weeks of decreasing demand that started in mid-April
by Ben Verde Jul 29
Fannie Mae brings in net income of $4.7B in Q2
Like its sister company, Freddie, Fannie Mae remained profitable in Q2 despite pressure from inflation, rising interest rates and worsening affordability, according to earnings released Friday
by Marian McPherson Jul 29
4.3M apartments needed in US by 2035 to meet demand, study says
'Put simply, we do not have enough housing,' NAA President and CEO Bob Pinnegar says. He points to such factors as years of underbuilding and lack of affordability
by Lillian Dickerson Jul 28
Homebuyers with lower credit scores pay hundreds more: Study
The homebuyers with 'fair' credit scores can pay up to $288 more per month than those with 'excellent' scores, according to a new study by Zillow
by Ben Verde Jul 28
Ribbon slashes one-third of workforce to adjust to 'new reality'
After expanding into 8 new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an 'achievable path to profitability'
by Matt Carter Jul 28
NAR chief economist: Don't expect big changes in mortgage rates
Speaking at NAR's Real Estate Forecast Summit on Wednesday, Chief Economist Lawrence Yun said 'inventory is turning' and the housing market is heading back toward a pre-COVID normal
by Andrea V. Brambila Jul 28
Opendoor hires 'seasoned executive' as new chief legal officer
Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company's history
by Jim Dalrymple II Jul 28
'Overvalued' Western markets see biggest share of price reductions
Despite national growth in sale prices, these markets that saw spikes in popularity and price over the past 2 years are starting to see the most price reductions, data shows
by Ben Verde Jul 27
Fed's steady approach to rate hikes could ease pressure on mortgages
Fed Chairman Jerome Powell hinted Wednesday that the US central bank is looking to dial back the pace of interest rate hikes as soon as the impact of increases shows up in inflation data
by Matt Carter Jul 27
Rate Drop Advantage program offers homebuyers a break on refis
If rates come down in the next 3 years, Rocket Mortgage's program will cover some refinancing costs including first appraisal, credit report, tax certification, and mortgage recording fee
by Matt Carter Jul 27
Wrong predictions, rate jumps and what's (maybe) still to come
Opinion
Although economists expected rates to rise this year, nobody anticipated how fast they would rise. So what went wrong? 
by Matthew Gardner Jul 27