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Federal Reserve Board Chair Jerome Powell has reinforced the Fed’s intent to accelerate its tapering actions, resulting in an upward climb in mortgage rates. Here’s what else Freddie Mac’s latest Mortgage Market Survey reveals.

With rates dropping slightly to 3.10%, a strengthening economy and improvements in employment numbers are two factors that will drive a strong housing market into 2022.

New economic data finds that prospective buyers must withstand an impending whirlwind market heading into the new year.

S&P CoreLogic Case-Shiller Indices found an annual price gain of nearly 20% in September 2021, driven by a continued lack of inventory and the return of bidding wars.

NAR reports that pending home sales rose in October, with buyers fearing a spike in rates took advantage of the limited supply available.

A slight month-over-month uptick of 0.8% in October continued the trend of a second straight month of gains for this metric.

Continued shortages in building materials, labor, and land contributed to a monthly decline in October new housing starts.

Home sales may be at their highest levels in 15 years, but a number of factors may force the market to cool next year.

Prospective sellers who list their homes in the near future may be able to take advantage of a number of factors, netting them the best deal possible for an off-season sale.

Nationally, investor activity accounted for 5.7% of home purchases and 4.5% of home sales in July meaning that on net, they were buying more than selling and competing with homebuyers nationwide.