Along with a strain in purchase activity, the MBA's estimate of new home sales fell in January to its slowest annual pace since July 2021.
Read More »Mortgage Rates Reverse Course and Trend Downward
After a few weeks of increases, mortgage rates took a slight dive this week, falling to 3.05% as refis again picked up despite a downtick in overall mortgage app volume.
Read More »House Price Appreciation Sets Record for Third Consecutive Month
U.S. home price appreciation reached 20.7% in August 2021, marking the third straight month it has reached a new record mark, according to the latest findings by First American.
Read More »How Are Landlords Faring During the Pandemic?
It is no secret that the COVID-19 turned the world on its end. Entire industries ground to a halt overnight, eliminating countless jobs and putting even more on furloughs. Low wage workers who predominately rent have ...
Read More »Mortgage Rates Shift Slightly Upward
After falling incrementally over the past month, mortgage rates climbed yet remained below the 3% mark for the fifth consecutive week.
Read More »State of Market: Mortgage Apps, Pending Sales & Homeownership
Find out why an economist described one aspect of the current market as "remarkable." Click through for all the details.
Read More »Rising New Home Sales: ‘Indicator of What’s to Come’
Further analysis of the report added that the market's low point in sales is likely behind us. Click through to read more.
Read More »New Home Sales Sink in September
The Census Bureau revealed that just one region posted an annual increase in sales. How far did the others drop?
Read More »Minorities Struggle to Secure Homeownership
Information from the U.S. Census Bureau and the National Association of Home Builders (NAHB) found that homeownership rates for minorities fell to 64.2% in Q1 2019 from 64.8% ...
Read More »The Week Ahead: Will Consumer Price Expectations Increase?
The Federal Reserve Bank of New York will release its latest consumer home price expectation data at 11 a.m. on Monday. The March 2019 Survey of Consumer Expectations ...
Read More »