With housing prices on the rise, an increasing amount of monthly income is being dedicated toward housing, with rent paid as a share of income forecast to exceed 30% by December.
Read More »Mortgage Apps Dip for Second Consecutive Week
An analysis of mortgage application volume finds a decline in volume, with higher prices continuing to prevail despite rates in the 3% range.
Read More »Home Sellers Benefit From ‘Perfect Storm’
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.
Read More »Purchase Volume and Refis Tail Off
Even with rates bordering the 3% mark, both purchase applications and refi volume saw slight declines this week with the continued cloud of low inventory and high prices factoring into homebuyer’s decisions.
Read More »Homebuyer Pessimism on the Rise
Supply and demand issues continue to worry prospective homebuyers, as an unhealthy imbalance persists in the housing marketplace.
Read More »Mortgage Rates Continue to Concern Prospective Buyers
With the economy on the upswing and vaccinations becoming more readily available, the housing market is trending in a positive direction, stunted only by concern over rates on a steady rise.
Read More »Rebound in Job Market Offsets Housing Pessimism
Fannie Mae’s latest survey finds that positive trends in employment is bright spot as spring homebuying season nears.
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