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
Market Data + Trends
Falling Mortgage Rates Could Increase Home Sales by 200,000, Market Experts Say
A recent decline in mortgage rates could boost home sales nationwide by as much as 200,000, according to the National Association of Realtors' chief economist Lawrence Yun
Financing
Mortgage Banks Reported Negative Profits for the First Time Ever in 2022
Elevated financing costs and decreased housing demand meant that some banks lost money for each mortgage they financed last year
Financing
Are Lower Mortgage Rates Enough to Lure Spring Buyers?
Mortgage rates fell for the fourth straight week at the start of April. But is it enough to bring buyers back into a standstill for-sale market?
Affordability
County in Oregon Gets $4.1 Million in Federal Funding for Homeless Service, Housing Programs
The U.S. Department of Housing and Urban Development is allocating $2.76 billion nationwide for homeless services and the development of more affordable housing units
Environmental
Realtors Relief Foundation Provides Emergency Aid for Tornado-Ravaged Midwest, South
The Realtors Relief Foundation is donating $1.6 million to help Southern and Midwestern communities rebuild after a series of deadly tornadoes
Market Data + Trends
Mortgage Rates Are Falling, but a Housing Shortage Is Squashing Demand
Mortgage rates are coming down from peak highs, but a lack of for-sale housing is leaving prospective buyers stranded
Affordability
Arizona Housing Fund Raises $1.3M for New Affordable Housing Development
Thousands of small donations from Arizona buyers and sellers have amounted to more than $1.3 million raised for the development of affordable housing units across the state
Market Data + Trends
Pending Home Sales Are Slowing, but Experts Say the Market Is Turning a Corner
Home sales are falling amid mortgage rate volatility, but despite the slowdown, buyers are gradually mounting a market comeback
Financing
Americans Expect Mortgage Rates to Top 8% by the End of the Year
Most U.S. households anticipate steady interest rate hikes throughout 2023, but that also translates to a slowdown in home price growth
Financing
Why a Sudden Uptick in Mortgage Demand May Be Short-Lived
A series of recent bank closures led to a dip in the 30-year, fixed-rate mortgage, but housing experts warn more gains are ahead
