According to a new analysis from StorageCafe, homeowners nationwide can save nearly $200K from downsizing from a four-bedroom single-family property to a two-bedroom home.
Read More »Freddie Mac Partners With Veteran Non-Profit to Promote VA Loans
“The ability to find affordable housing in the current market is seen as a major challenge facing those transitioning from active duty,” said Stacy Walker, Director, Housing & Community Outreach for Freddie Mac.
Read More »Will Slowing Inflation Bring Down Mortgage Rates Immediately?
The latest report from Redfin revealed inflation has begun to slow, which is helping moderate mortgage rates. However, experts predict that a longer trend of lower inflation is needed for sustained nationwide rate relief.
Read More »Military Personnel and the State of the Housing Market
According to House Method’s most recent servicemember survey, respondents remained relatively optimistic about their chances of buying a house while being in the military.
Read More »Home Showings Decline But Remain Above Pre-Pandemic Levels
According to the latest market report from ShowingTime, homebuyer foot traffic and in-person showings decreased from September, as rising rates and inventory challenges continue to discourage buyers from purchasing a home.
Read More »The Week Ahead: Developing the Nation’s Colonia Regions
The House Financial Services Committee will host a hybrid hearing focused on poverty in the nation’s colonias, discussing their housing and community development needs and challenges in these communities.
Read More »Pandemic Migrants Found Cheaper Housing and Higher Inflation
“The pandemic triggered a great rebalancing of affordability,” said Taylor Marr, Redfin’s Deputy Chief Economist.
Read More »Rising Rates, Home Prices Reduce Housing Affordability in Q3
Affordability continued to hamper first-time buyers looking to purchase a home during Q3. A new report revealed single-family existing-home sales prices grew in nearly every metro analyzed, with the national median home price climbing nearly 9% from 2021.
Read More »Mortgage Rates Edge Back Above 7%
After slight relief in mortgage rates last week, the Fed’s sixth rate hike of the year finds the housing market adjusting to rapidly tightening monetary policies, as rates returned north of the 7% mark.
Read More »Lenders React to Rate Hikes, Decreasing Demand
According to a new report by J.D. Power, mortgage lenders are struggling to stand out as demand continues to plummet and rates increase, resulting in higher customer expectations and increased competition.
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