The first numbers from June are in, and Realtor.com found inventory to be up over 18% since May but still down year-over-year.
Read More »After Three-Week Ascent, Mortgage Rates Slip
Following a near-month-long 72-basis point rise, fixed-rate mortgages turned downward this week, signaling a potential reset in the housing market.
Read More »Refi Apps Tumble 80% YoY
As fixed-rate mortgages crawl to the 6%-mark, mortgage application volume did rise slightly for the third consecutive week, but refinance volume trended in the opposite direction, falling 80% year-over-year.
Read More »Trend to Watch: PropTech
At the crossroads of FinTech and real estate, PropTech aims to increase efficiency and save originators money.
Read More »Op-Ed: Program Assists Frontline Workers With Affordability Issues
Abby Waltz, National Director for Homes for Heroes, explains how Florida’s new Hometown Heroes Housing Program is a small step in the right direction to assist frontline workers achieve the American dream of homeownership.
Read More »Home Prices Dip Month-Over-Month But Post Annual Gains
S&P CoreLogic Case Shiller reports that despite a 20.4% annual gain in April 2022, home prices in the U.S. were down slightly from 20.6% recorded the previous month.
Read More »Addressing Homelessness at the Real Estate Level
Per a new Urban Institute report, local governments and organizations, both public and private, should consider homelessness as a systemic issue, which can be solved with a multi-layered approach.
Read More »Equitable Opportunities, the GSEs, and Gauging Success
Don Layton, former CEO of Freddie Mac and current Senior Industry Pellow at the Joint Center for Housing Studies, lays out four benchmarks against which to grade the GSEs as their plans are implemented.
Read More »New Home Sales Pick Up Strength in May
Sales of new single‐family homes in May rose to 696,000, a 10.7% month-over-month rise of April’s recorded total of 629,000.
Read More »Median Home Payments Feeling Impact of Economic Forces
“The ongoing affordability hit of higher home prices and fast-rising mortgage rates led to a slowdown in purchase applications in May,” said Edward Seiler, the MBA's Associate VP.
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