As rent growth experienced the smallest increase since May 2021 and the lowest level in nearly a year, a new report from Redfin revealed January marked the eighth straight month in which annual rent growth slowed.
Read More »Rent Prices Experience Smallest Increase In 20 Months
Rents rose 2% in January according to a new report from Redfin, as rental price growth continues to slow due to increasing supply and waning demand.
Read More »Inflation Affecting Homeowner’s Improvement Plans
According to a new study from Today's Homeowner, many homeowners are reducing their home improvement spending, as new data shows the Consumer Price Index fell in December for the first time since May 2020. However, prices remain significantly elevated compared to a year ago.
Read More »Mortgage Tech: Through Booms & Busts: Part I
With the tech sector downsizing and the housing market navigating economic turmoil, a panel of experts weighs in on the current state of the digital revolution, and what lies ahead for this key component to the homebuying process. (Part one of two.)
Read More »Experts: Lending Standards Are Tightening
According to a new report from the Mortgage Bankers Association, a decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.
Read More »Millennials Make the Up Largest Share of Homebuyers Nationwide
Millennials have dominated the housing market for the past decade, according to a new study from LendingTree.
Read More »Mortgage Rates Reverse Trend, Inch Upward
What caused the uptick in fixed mortgage rates, and what might it mean for the housing market in the months ahead?
Read More »Rental Price Growth Slowing Faster Than Overall Housing Costs
According to a new report from Redfin, new-lease signers have comparatively low inflation rates because rental price growth is slowing, as this is the first time asking rents have posted a smaller increase than the overall cost of housing in a year and a half.
Read More »Purchase, Refi Apps Both Show Gains
A consistent decline in mortgage rates has attracted the attention of buyers and those seeking refis, as the MBA reports a rise in mortgage apps in excess of 7% week-over-week.
Read More »Push Button Refis: Fantasy or Future Reality?
Lenders remained profitable during the refi boom, but as Carlos Sa of MILOS explains, most lenders had difficulty keeping up, as refis are not always as simple as we’d like.
Read More »