Tag Archives: Bureau of Labor Statistics (BLS)

Inflationary concerns and the Ukrainian conflict are factoring into mortgage rate volatility that is forecast to continue in the short-term.

Overall mortgage volume tailed off slightly from last week’s totals, as climbing rates continue to dampen refi and purchase activity.

Despite median home prices rising faster than the average weekly wage, the cost of renting continues to eclipse the cost of owning a home in nearly two-thirds of U.S. markets.

New construction activity rolled onward in November, as a rise in homebuilder sentiment looks to even the supply to demand imbalance in 2022.

Purchase apps have slid week-over-week, while the demand for refis has leveled off, as August saw a boost in the supply of homes nationwide.

The demand for home inventory continues, despite contractors being impacted by cost increases, supply shortages, and transport bottlenecks.

Fed Chair Jerome Powell will testify this week at a hearing charting the course of the U.S. economy moving into Q3 and beyond.

For the second straight week, mortgage rates remain under the 3% mark, but will affordability remain a deterrent to prospective homebuyers unwilling to pay for higher-priced homes?

An analysis of mortgage application volume finds a decline in volume, with higher prices continuing to prevail despite rates in the 3% range.

A new study gauging consumer sentiment has found that now is the time to sell a home, with short supply and high demand continuing to drive prices upward.