According to Redfin's latest market analysis, some 44.6% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in August, the lowest bidding-war ...
Read More »Mortgage Rates Climb to New 14-Year Highs
As the Federal Reserve issues another rate hike to tame high-riding inflation, Freddie Mac reported the fixed-rate mortgage climbed 27-basis points over last week, rising to levels last seen in 2008.
Read More »Homebuyers Find More Options in Fall
Since the start of the pandemic, homes have been in high demand leading to fierce competition, rapidly depleting inventory, soaring prices, and a swift market pace. Realtor.com recently ...
Read More »Building Generational Wealth by Lowering the FHA’s MIP
A coalition of housing industry trade groups have requested that the White House’s National Economic Council push the FHA to slash its mortgage insurance premium to put more money into the pockets of home buyers.
Read More »Recession Perception Increasingly Affecting Homebuyers
In order to better understand the sentiment and experiences of buyers, sellers, and renters currently on the market for homes, the Realtor.com Economics team has conducted a randomized ...
Read More »Market Trends: Where’s the Best State to Retire?
Retirement often brings a slower pace of life, and choosing where to settle down can be a great decision. For this study, Bankrate considered some of soon-to-be retirees ...
Read More »House-Hunting Process Wearing on Renters
According to a new Zillow report, finding and landing a rental is stressing Americans out nationwide. The typical monthly rent in the U.S. has soared to a record ...
Read More »Purchase Apps Hit Month-Long Slide
With mortgage rates spiking upward, mortgage application volume took another hit, falling for the fourth consecutive week, as markets continued to re-assess the prospects for the economy and the path of monetary policy.
Read More »Buyers Retreat, Sellers in Pandemic Boomtowns Drop Asking Prices
A high share of home sellers dropped their asking price in July, particularly in pandemic boomtowns, as they struggled to match their expectations with the reality of the ...
Read More »Utilizing Tech to Curb the Affordability Crisis
As the nation’s home buyers continue to face affordability woes, Joe Puthur from Mortgage Coach shares his thoughts on ways to ease the issues faced by many prior to entering the housing marketplace.
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