As housing costs rise and demand begins to slow, inventory continues to recover from February lows, as new data reveals mortgage payments have surpassed rents in 45 of the 50 largest U.S. metros.
Read More »Homebuyers Feeling Pressure of Higher Home Prices, Mortgage Rates
The Fannie Mae Home Purchase Sentiment Index (HPSI) remained comparatively flat in May —decreasing by only 0.3 points— but inching nearer its 10-year- and pandemic-low of 63.0 from ...
Read More »The Week Ahead: Headed for Housing Market Normalization?
In advance of CoreLogic's next Home Price Index release, CoreLogic Deputy Chief Economist Selma Hepp notes that "since mortgage rates have hit the psychological 5% benchmark, buyers are stepping back." Here's what to expect in The Week Ahead.
Read More »Refis Drop to Just 50% of Overall App Volume
A rise in rates is putting the brakes on the refi market, as overall app volume continues its downward turn.
Read More »Millennial Demand Forcing Rise in Home Prices
As the supply of available homes continues to shrink, home value growth is being seen in areas with the highest population of children.
Read More »Why Homeowners Are Seeking HELOCs
Nearly half of consumers seeking a home equity loan across the nation’s 50 largest metros analyzed by LendingTree cited home improvements as the primary reason for tapping into their equity.
Read More »Nationwide Home Price Slowdown on the Horizon in ’22?
Experts predict the expectation that mortgage rates will remain relatively low, offering attractive financing for homebuyers.
Read More »Homes Selling Above Listing Price, New Listings Decrease
Homebuyers who purchased homes over the holidays paid high prices due to a surge in demand and an ongoing supply shortage.
Read More »Home Prices Continue to Rise Nationwide
S&P CoreLogic Case-Shiller Indices found an annual price gain of nearly 20% in September 2021, driven by a continued lack of inventory and the return of bidding wars.
Read More »Home Prices Rise for Sixth Consecutive Month
Rising at an annualized rate of 17.6%, the latest analysis has found that home prices across the nation continued to climb at a record pace in September.
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