Tag Archives: Home Purchases

According to a new report from Redfin, home prices declined in February as home sellers responded to a decline in homebuyer demand spurred by elevated mortgage rates.

According to the MBA’s Builder Application Survey, new home purchases applications decreased in January, although applications remain 42% higher compared to 2022’s totals.

After five consecutive weeks of decreases, a slight uptick in mortgage rates forced mortgage app volume to fall nearly 8% week-over-week.

A new report from Redfin revealed the share of homes bought with cash is down slightly from November but remains elevated above pre-pandemic levels as high mortgage rates persist, averaging 6.36% in December.

American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to ...

Mortgage borrowing and delinquency rates have changed a lot in the decade since the Great Recession, according to a new report which also looked at how access to credit and lending patterns have changed over the decade.

Mortgage applications for new homes are up nearly 16 percent over the year and 2 percent since January 2017, according to recent data.

A survey indicated that 2016 was perceived as a poor time to buy a home. What were the factors that contributed to this mentality?