It's a wash: Home price appreciation outpaces savings from low rates
While purchasing power rose by 6.9% year over year in July, home prices climbed 8.2%, according to a new study released Thursday by Redfin
by Patrick Kearns Sep 3
55% of those who bought homes during the pandemic now regret it
A new survey commissioned by LendEDU found that low rates lured in new buyers, but now many are struggling to pay their mortgage
Mortgage rates, still historically low, begin ticking upward
Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than stellar news for consumers
by Jim Dalrymple II Aug 20
Mortgage applications decrease, fueled by rise in FHA rates
Mortgage applications decreased 0.8% week over week, even as rates stayed near historic lows, according to data released Wednesday by the Mortgage Bankers Association
by Patrick Kearns Jul 29
Mr. Cooper
Even as home prices continue to appreciate, consumers have more spending power due to low mortgage rates, according to a survey released Monday by First American
by Patrick Kearns Jul 27
Mortgage rates creep back to 3%
The 30-year, fixed-rate mortgage average increased for the first time since May to 3.01%, for the week ending July 23
by Patrick Kearns Jul 23
Making sense of the headlines: What consumer confidence looks like today
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner dives into Fannie Mae’s National Housing Survey and what consumer confidence looks like right now
by Matthew Gardner Jul 21
Home sales have officially exceeded pre-pandemic levels
Fueled by record-low mortgage rates, home sales have surged beyond January and February, according to Redfin's latest monthly market survey
by Patrick Kearns Jul 16
Making sense of the headlines: How has COVID-19 impacted housing supply?
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner examines how the housing market has fared over the past 16 weeks and what to expect as we move through the year
by Matthew Gardner Jul 14
paying mortgage
Boston experienced the highest frequency of bidding wars, with 72.4% of all offers facing competition, according to a Redfin survey released Friday
by Patrick Kearns Jul 10
Making sense of the headlines: What’s holding millennials back from homeownership?
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner looks at the factors that influence millennials' ability and will to buy a home
by Matthew Gardner Jul 7
Making sense of the headlines: A look at housing affordability
Opinion
Windermere Chief Economist Matthew Gardner explains why the issue stems from inadequate supply — in combination with rising, demographically driven demand — pushing prices to record highs and rising faster than incomes
by Matthew Gardner Jun 30
Making sense of the headlines: What is high-frequency data?
Opinion
Windermere Chief Economist Matthew Gardner explains how he’s using data from Apple, the TSA, OpenTable and more to keep tabs on economic recovery
by Matthew Gardner Jun 23
Making sense of the headlines: Will forbearance turn into foreclosure for homeowners?
Opinion
Windermere Chief Economist Matthew Gardner gives his take on how homeowners will fare once the forbearance period is over
by Matthew Gardner Jun 16
Fed moves likely to keep mortgage rates near historic lows for years
The US Federal Reserve also intends to continue purchasing mortgage-backed securities, Federal Reserve Chairman Jerome Powell said Wednesday
by Patrick Kearns Jun 10