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
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
Financing
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
Financing
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
Market Data + Trends
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
Credit for Builders Still Tight But Shows Some Easing
Credit for residential AD&C remained constrained during Q4 2023, but the good news is that tightening is less widespread than in recent quarters
New-Home Sales
Are We Headed for a Spring Homebuying Slowdown?
As mortgage rates rise to their highest levels in two months, Freddie Mac warns rates may stay higher for longer, which could affect spring buying
Affordability
Philadelphia Labor Unions Are Helping Their Members With Homebuying
The housing market is tough. Recognizing that, Philly labor unions are stepping in to assist workers with their home purchases
Economics
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
Financing
The Effect of Mortgage Rates on Homeowners' Selling Intentions
Maybe 5% wasn't so magical after all. How much are mortgage rate fluctuations actually affecting homeowners' intentions to sell?
Financing
Mortgage Rates Fall to Lowest Level Since May 2023
The downward trend in rates is expected to continue in 2024, with Fannie Mae anticipating they will decline to under 6% by the end of the year
Financing
What Mortgage Rate Would Really Motivate Homebuyers?
Expert opinion varies as to how low mortgage rates need to go before more buyers jump back into the market and get home sales moving again
