According to a new report from Redfin, the typical homebuyer’s monthly mortgage payment jumped to 39%, — the largest year-over-year gain on record as the average 30-year-fixed rate ...
Read More »Supply Constraints, Inflationary Impacts, and the Housing Market
In the early months of 2022, many of the conditions that impacted the market in 2021 will continue to play a role. However, there are also some new developments that promise to affect the market.
Read More »Study Finds Consumers Prefer Home Shopping to Dating
Just in time for Valentine's Day, nearly 75% Americans said they could fall in love at first sight with a home, as some recent movers say it's harder to find a house than a spouse.
Read More »Affordability Worsens as Prices and Rates Climb
First-time buyers spent an average of 25.6% of their household income on mortgage payments, making a home purchase unaffordable.
Read More »Mortgage Debt Hits $15.8T
Mortgage debt is now above the 2008 high of $14.7 trillion, but according to analysts, mortgage rates paint a positive picture.
Read More »Lenders Report Profits on ‘Solid Ground’
Strong economic conditions are pushing both lender profits and mortgage rates into stronger areas.
Read More »Mortgage Experts Comment on Steady Fed Rates
The Federal Reserve decided once again to delay a rate hike, and industry experts give their thoughts on why, and what we might expect moving forward.
Read More »The Steady Mortgage Rate Incline
Mortgage rates may have been rising, but the rest of the market is still performing strongly. Here's what economists say is driving higher homebuying activity in 2019.
Read More »2019’s Improved Housing Outlook
According to a recently revised report, 2019 may turn out to be a stronger year in housing than originally anticipated. Find out how mortgage rates, new construction, and homebuyer purchasing power is influencing the year.
Read More »Fed’s Powell Looks Ahead
Despite the Fed's decision to keep rates where they are, economic indicators suggest otherwise. What do experts say may lead to a rate hike later in the year?
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