Origination

According to HouseCanary's latest National Rental Report, demand for rentals is outpacing the increase in inventory, resulting in an increase in median listing prices and days on the market.

According to Bank of America’s 2023 Homebuyer Insights Report, prospective homebuyers said they feel more confident in their ability to purchase a home today, while 55% of respondents believe the market is more competitive than last year.

However, in good news for buyers, mortgage rates averaged 6.38% in April, a full 17 basis points lower than was reported in March.

MortgagePoint examines the impact of the recent bank failures on the mortgage space, with a cross-section of experts imparting their perspectives on how to avoid similar issues in the future.

According to new research from Redfin, the historic drop in active listings due to the “lock-in” effect is bringing back the pandemic trend of bidding wars as homeseekers compete for a shrinking share of homes.

As nearly 18 million owner-occupied homes throughout the U.S. are now housing-cost-burdened, a new study from LendingTree revealed the share of households headed by single mothers are much more likely to overspend on housing costs than others.

Home prices rose in March according to the latest Black Knight Home Price Index, driven by a modest bump in demand and further depletion in for-sale inventory levels.

Elevated rates continue to both impact homebuyer affordability and weaken demand for refinancing, as the MBA reports overall app volume fell 1.2% week-over-week.

A total of 10 states saw annual home price growth decline from one year ago, most of them in the West.

While monthly payments on many for-sale homes remain higher than they would’ve been a year ago, home prices are falling fastest in pandemic boomtowns like Austin and expensive coastal markets like Seattle and San Francisco.