Don Layton, the current Senior Industry Fellow at the Joint Center for Housing Studies at Harvard University—and former CEO of Freddie Mac—released a new column on the policymaking ...
Read More »Inflation and Migration Hot Spots Go Hand-in-Hand
Metros such as Phoenix, Tampa and Atlanta remain relatively affordable, as more and more are migrating to these Sun Belt areas along with a rise in inflation.
Read More »Adjustable-Rate Mortgages Hit Recent High
Black Knight Inc., has released the latest iteration of its Mortgage Monitor Report for March 2022 which looks at mounting affordability pressures resulting from the competing dynamics of ...
Read More »Pending Home Sales Down for Fifth Consecutive Month
According to the latest Pending Home Sales Index (PHSI) from the National Association of Realtors (NAR), pending home sales slipped 4.1% month-over-month in March, marking the fifth consecutive ...
Read More »Profit Margins on Homes Dive in Q1
Median-priced home sale profits in the first quarter dropped from 51.6% to 47.2%, the first drop since 2019, and the largest since 2011.
Read More »Homes Are Receiving Fewer Bids as Prices Increase
It seems that rising interest rates and record-high home prices are finally starting to affect the market as fewer homes received competing bids in March than they did ...
Read More »Housing Affordability and Availability Remain Top of Mind
One thousand people took part in Fannie Mae’s third quarter 2021 National Housing Survey and reported back that affordability and remote work are still very much important to members ...
Read More »Interest Rates are Up, Will Home Prices Drop?
In March, the U.S. Federal Reserve increased interest rates by a quarter of a point to address rising inflation and a litany of other economic problems stemming from ...
Read More »Mortgage App Volume Continues to Slide
With mortgage rates hitting the 5%-mark, potential buyers have tapped the brakes on home purchases as application volume dives yet again.
Read More »Existing-Home Sales Fall for Second Consecutive Month
The rise in interest rates and inflationary pressure have taken a toll on home purchases, as the sale of existing homes continues to slide.
Read More »