Pending home sales take a hit in September: NAR
Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said
by Lillian Dickerson Oct 28
New home sales beat expectations as prices climb to historic record
Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800
by Lillian Dickerson Oct 26
Fed chair restates support for gradual tapering
10-year Treasury yields, a barometer for mortgage rates, fall as Federal Reserve Chairman Jerome Powell says there's no rush to raise interest rates
by Matt Carter Oct 22
Rates for 30-year mortgages reach highest point since early spring
Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions, according to a lending survey from Freddie Mac
by Daniel Houston Oct 22
Homebuyer demand sags as mortgage rates continue to rise
With Fed tapering coming as soon as November, market forces are already pushing mortgage rates higher 
by Matt Carter Oct 20
Home sales predicted to close out 2021 with surprising strength
Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7%, to 6.8M
by Matt Carter Oct 15
Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears
The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks
by Matt Carter Oct 15
Mortgage rates continue their ascent onward into mid-October
Rates creeped upward once again across all major mortgage types, part of a rise from their all-time lows earlier this year, according to Freddie Mac’s weekly lender survey
by Daniel Houston Oct 14
Mortgage rates for home loans hit highest levels since June
Purchase loan applications rose 2% week over week, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey, released Wednesday
by Matt Carter Oct 13
Housing affordability improves for 2nd consecutive month
Thanks to decreases in monthly mortgage costs and a normalizing market, the National Association of Realtor's Affordability Index improved once again in August
by Marian McPherson Oct 12
Knock Home Swap
Most Americans think it's a bad time to buy a home but a good time to sell, and high home prices are the culprit
by Matt Carter Oct 7
Manhattan housing market posts biggest 3rd quarter in 3 decades
Luxury apartment sales surged approximately 226% year over year and almost 33% from the previous quarter, according to Douglas Elliman. The brokerage netted 453 luxury sales
Jump in rates cuts into demand for mortgages
Rising mortgage rates have curbed demand for refinancing and purchase loans after inflation worries pushed rates to highest levels since July, according to the MBA
by Matt Carter Oct 6
Home prices could ‘moderate’ if mortgage rates keep rising
Rates for 30-year mortgages jump 13 basis points in one week as investors weigh prospects for inflation, Fed tapering
by Daniel Houston Sep 30
Pending home sales beat projections following 2 months of declines: NAR
Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported
by Lillian Dickerson Sep 29