Freddie Mac reported that mortgage rates experienced the largest one-week spike since gauging the metric in 1987—nearly doubling year-over-year.
Read More »Mortgage Application Volume Rebounds
After nearly a month of declines in mortgage application volume, the MBA reported that apps rose 6.6% week-over-week, as the industry braces itself for the latest rate hike by the Fed.
Read More »Pending Home Sales Continue Downward Slide
Month-over-month, pending sales of homes in the U.S. remain in decline, as escalating rates have bumped up the cost of purchasing a home by more than 25% year-over-year.
Read More »Existing-Home Sales Tail Off in April
A rise in mortgage rates over the 5% mark, and an increase in prices has impacted April buyer activity, as buyers wait for the market to show signs of stability.
Read More »Existing-Home Sales Fall for Second Consecutive Month
The rise in interest rates and inflationary pressure have taken a toll on home purchases, as the sale of existing homes continues to slide.
Read More »Pending Home Sales Decline in February
Limited inventory and high demand continue to push the number of pending home sales downward, with contract signings down across all regions month-over-month, except for the Northeast.
Read More »Existing Home Sales Drop in February
Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from ...
Read More »Pending Sales in the West Rose by 1.5% in January
While pending home sales in the west rose, the other three major regions experienced declines.
Read More »Pending Home Sales Slide 2.2% in November
Low housing supply and rising prices sent pending sales downward as contract signings dropped in all regions of the nation.
Read More »Existing-Home Sales Rise for Third Straight Month
A new report has found that eager home buyers are anticipating a rise in rates with home sales on the upswing in November.
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