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
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
More Listings, Lower Rates This Week
The market perks up with a recent influx of fresh housing listings, and the week ending March 28 sees a dip in mortgage rates
Mortgage Rates Set to Remain Higher for Longer
After the Fed's announcement on Wednesday that it is holding interest rates steady, homebuyers hoping for lower mortgage rates will have to keep waiting
As Mortgage Rates Dip, Homeowners With High Rates Move to Refinance
A decrease in rates last week prompted a rise in refinancing by homeowners who obtained their mortgages at near-peak rates
January's Mortgage Rate Dip Prompts Some Thawing of the Housing Market
A drop in mortgage rates from recent peaks nudged more homebuyers and sellers into the market, signaling the start of greater supply and demand
Financing
Controversial ‘Admin Fees’ Are Driving Up Closing Costs
The administrative fees tacked onto closing costs help brokerages cover everything from paperwork to meeting regulatory requirements, but many industry experts say those extra costs are scamming buyers
Sales
Is There a Mortgage Rate Free-Fall Coming?
In addition to the prospect of lower mortgage rates, home prices may also soon be on the wane, creating more opportunities for homebuyers
Financing
Interest Rates Are Rising, but Homebuyer Demand Is Holding Steady
Mortgage rates posted their largest increase in over a month last week, but despite another blow to housing affordability, applications to purchase a home inched higher
Financing
Rising Mortgage Rates Are Putting Prospective Buyers on Edge
After consecutive declines, the interest rate for a 30-year mortgage reversed course in April, forcing would-be buyers to exercise patience in a costly market
Financing
Record Appreciation Is Sending Homeowner Wealth Soaring
Homeowner households are 40 times wealthier than renter households thanks to significant equity gains in a high-cost housing market
New-Construction Projects
Will Banking Sector Uncertainty Cause a Slowdown in New Construction?
New-construction projects are becoming more expensive to finance, and some builders worry the work may not be worth the payoff
Housing Markets
The US Housing Market Is Stabilizing, but Regional Markets Are Still Skewed
A nationwide housing correction isn't affecting all regional markets equally
Financing
How Low Must Mortgage Rates Go to Lure Back Buyers?
The 30-year, fixed-rate mortgage rate is nearing 6%, but many prospective buyers aren't budging until borrowing costs come down even further
Financing
As Mortgage Rates Fall, Priced Out Buyers Are Making a Comeback
The Federal Reserve is slowing its aggressive rate hikes amid cooler inflation and a weaker labor market, and long-delayed homebuyers are being quick to respond
Q+A
John Green’s Plan to Eliminate Predatory Lending Practices
Green discusses how Blackstar Stability is working to address discriminatory lending practices so thousands of Americans can secure affordable housing
