Mortgage Rate Declines Could Boost Home Sales Following Months of Low Activity
Encouraging economic news bumped mortgage applications up by 2.6% for the week ending May 3
American Families Are Spending a Quarter of Their Income on Mortgage Payments
The average monthly mortgage payment is up more than 9% year-over-year
Is Fractional Homeownership Any Kind of Solution for Housing Attainability?
The imbalance between housing supply and demand is spurring some innovative options within the real estate industry
States Seek Long-Term Solutions to Reform Property Taxes
Rising home prices typically lead to higher property tax assessments, which has been the case in many Mountain West states, prompting lawmakers to grapple with property tax relief
Metros Where Housing Prices Have Doubled in Less Than 10 Years
Historical data show it's taken less than 10 years for home prices to double in 68 of the country’s 100 largest cities
Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
Affordability
Will Rising Mortgage Rates Undermine a Market Recovery Ahead of the Spring Buying Season?
Dwindling supply and rising borrowing costs are backing prospective buyers into a corner just as the spring market heats up
New-Home Sales
Homebuyers Persevere Despite Rising Mortgage Rates, Home Prices
Interest rates are on the rise, but prospective buyers are still forging ahead with home purchases at the start of the spring market
Housing Policy + Finance
The Federal Reserve Isn’t Slowing Its Rate Hikes Ahead of the Spring Market
The 30-year fixed-rate mortgage surged above 7% yet again, threatening to squash a recent resurgence of buyer activity
Financing
Mortgage Application Volume Falls to 28-Year Low Amid Rising Costs
Mortgage demand fell for the third straight week at the close of January as interest rates moved higher
New-Home Sales
Falling Mortgage Rates Cause Buyer Activity to Rebound
Home sales are slowly gaining momentum as a result of more balanced borrowing costs, but will high home prices keep prospective buyers at bay?
Government + Policy
Biden Announces New Plan to Help Homeowners Save on Mortgage Costs
The program, set to take effect next month, will help 850,000 Americans save an average of $800 in mortgage costs in 2023
New-Home Sales
Share of All-Cash Home Purchases Reaches 32-Year High
Homebuyers paid with cash in more than 11% of all new-home sales in the final quarter of 2022, the highest share since 1990
Financing
Higher Inflation Caused Uptick in National Mortgage Delinquency Rate in Q4 2022
A growing number of Americans fell behind on monthly mortgage payments at the close of 2022 due to inflationary pressures and a weaker economy
Economics
Mortgage Rates Are Falling—Does That Mean the Housing Market Is Weakening?
As inflation shows signs of cooling, mortgage rates are falling, but experts say it may be too soon to call it a recession
Financing
Are Slower Rate Hikes Enough to Bring Buyers Back to the For-Sale Market?
Homebuyer demand rebounded slightly after a small dip in the 30-year fixed-rate mortgage, but an inflated economy continues to pose affordability challenges even in a cooling market
