Purchase apps have slid week-over-week, while the demand for refis has leveled off, as August saw a boost in the supply of homes nationwide.
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Residential Construction Continues Shift to Suburbs
A new study has found that lower land and labor costs, combined with a reduction in regulatory red tape in the suburbs has made it more appealing to build in these communities nationwide.
Read More »Housing Inventory Gets Boost From Smaller Homes
More smaller homes are being listed, injecting some much-needed supply into the nation’s housing market as new listings rose 6.5% in July.
Read More »Mortgage Rates Retreat Below the 3% Mark
After rising above the 3% mark last week, mortgage rates dipped this week, with low and stable rates continuing to drive a booming market.
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