New home sales were up in 2017, according to new data. Not only did they jump about 8 percent across the entire year, but December alone marked a 14-percent rise from one year prior.
Read More »Survey Says: Rates Going Up
December saw a bump in interest rates. A national survey found that mortgage interest rates and loan amounts both went up at the end of 2017. Could January continue this trend?
Read More »Data Shows Mortgage Applications on the Rise
The most recent Market Composite Index, which measures mortgage loan application volume, is up—see the breakdown by loan type here.
Read More »Home Prices, Tax Reform, and Worker Migration
Redfin CEO Glenn Kelman recently appeared on CNBC to discuss the state of housing industry and the overall trends he is seeing in the early days of 2018. Kelman ...
Read More »Digital Innovation, Data, and Tech are Top of Mind for Lenders
The mortgage industry is waking up to disruptive technology and digital innovation that can transform the industry. These innovations include data initiatives that have been rolled out to ...
Read More »Survey of U.S. Mayors Spotlights Housing Concerns
High housing costs are one of the chief factors driving people away from certain cities and into others—that’s according to the results of an annual survey that polls ...
Read More »Inventory and Affordability Issues Soften Existing Home Sales Growth
Existing home sales slipped 3.6 percent to 5.57 million in December from a downwardly revised 5.78 million in November 2017, according to the monthly existing home sales report ...
Read More »Housing Market Indicators Point to Robust Growth
Getting mortgage became easier, home prices increased, and first-time homebuyers were more likely to take a smaller loan according to a report that studied the indicators of the housing market that remain strong.
Read More »Home Prices: What Goes Up Isn’t Coming Down Soon
If current analyses are any indication, home prices in the land of Uncle Sam aren’t heading south anytime soon, this according to the Winter 2018 edition of The ...
Read More »Aspiring Millennial Homeowners Head to Minneapolis
The Twin Cities lead the list of 20 cities considered by millennials when it comes to buying a home. Relatively affordable housing markets, high paying jobs, and low unemployment rates are just some of the considerations.
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