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
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
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
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
Salaries Often Go Furthest in Small Cities
New analysis from New Geography found that local salaries often go furthest in small cities, after being adjusted for cost of…
The Next Recession Won’t See Bargain Home Prices
The next recession is unlikely to bring the bargain home prices that many saw in the aftermath of 2008, Curbed reports.
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The State Where It’s Most Expensive to Buy a Home
Massachusetts has ranked as the state where it is most expensive to buy a home, MarketWatch reports.
Massachusetts…
Boise, Idaho Has the Fastest Growing Home Prices
National Mortgage News reports that Idaho’s Boise-Nampa area ranked highest in the U.S. for year-over-year housing price…
Teachers Cannot Afford Average Rent
Most teachers, especially those early in their career, cannot afford the average U.S. rent with their salaries, Zillow reports.…
Interest Rates for AD&C Loans Rise, Bucking Trends
Interest rates on loans for land acquisition, development, and single-family construction (AD&C) continued to rise in the second quarter of…
How Cost Per Square Foot Is Used as a Homebuying Tool
The average cost per square foot in a neighborhood can help buyers determine if a home sale price is high or low, Realtor.com…
The 25 Most Expensive Places to Live
The most expensive places to live in the U.S. are often coastal towns where homes are too expensive for local salaries, HousingWire…
Mortgage Rates Fall to Another Low
The 30-year fixed-rate average fell to 3.55 % this week, its lowest level since November 2016, the Washington Post reports.…
Risky Mortgage Loans Are Making a Comeback
Realtor.com reports that 2018 saw the highest rate of unconventional mortgage loans since the 2008 housing crisis, and 2019 is on…