Housing costs reached record highs for homebuyers and renters in 2023, but affordability is projected to improve this year. A new Zillow report shares predictions for the hottest housing markets of 2024.
Read More »Median Housing Payment Down From October Peak
Monthly mortgage prices have dropped by a few hundred dollars since October, reaching their lowest level in nearly a year.
Read More »Freddie Mac: Mortgage Rates to Continue ‘to Drift Downward’ in the New Year
Freddie Mac reports a slight one basis-point rise in the 30-year, fixed-rate mortgage to begin 2024, with rates moving sideways as the market digests incoming economic data for the new year. Here’s what they expect for the months ahead.
Read More »2024 Housing and Economic Conditions: Headed in the Right Direction?
According to a new LendingTree study, rates began to trend in the right direction after peaking in October, with the average rate for 30-year fixed mortgages falling to below 7.00% by December, ending the year more than a percentage point lower than their 2023 peak. But will economic conditions continue to ease in 2024?
Read More »Mortgage App Volume Declines as Tumultuous Year Comes to a Close
Despite mortgage rates steadily falling over the last month of 2023, overall mortgage application volume slipped nearly 10% over a two-week span to close out the rollercoaster ride that was the housing market of 2023.
Read More »Renters Faced a Tough Market This Year
Despite a surge of new apartments listed on the market this year, fewer renters renewed their leases, according to RentCafe's 2023 Year-End Report.
Read More »Spokane, Washington Hits List of Top-10 Destinations for Movers
For the first time, Spokane is a migration hotspot for people still chasing affordability as the pandemic boom of people moving may be at its end according to Redfin.
Read More »Waterstone Mortgage Names New Director of Affordable Housing
Bringing 25-plus years of experience to his new role, David Sparks will help in identifying and growing strategic relationships with affordable housing assistance providers to offer new programs for Waterstone Mortgage customers.
Read More »Snapshot: Inbound and Outbound Domestic Migration in 2023
Southern states populations soared in 2023, accounting for much of the domestic migration in 2023 with Florida, North Carolina, and Texas being key hotspots.
Read More »Boost in New Listings Shakes Up the Market
A double-digit increase in new listings is helping bring house hunters off the sidelines, as Redfin reports new life in the marketplace to close out 2023.
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