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Tag Archives: Homebuyers

Typical U.S. Monthly Housing Payment Nears Record Highs

According to a new report from Redfin, near-7% mortgage rates continue to prevent both would-be homebuyers and potential home sellers from entering the market, despite the construction of new single-family homes nearing their highest level in almost 20 years.

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Pending Home Sales Down 17% YoY

Pending home sales are down nearly 20%, representing the biggest decline in over four months, but people are still showing interest in homebuying despite the total number of U.S. homes for sale declining 6% from last June.

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Is That Price Negotiable? Homebuyers Look for Better Deals

A new LendingTree survey revealed how homebuyers who negotiate a lower APR could greatly impact how much they pay over the lifetime of their mortgage, with 39% of respondents saying they negotiated the initial APR or refinance rate on their most recent home purchase, while 63% report negotiating the purchase price.

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