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
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
Affordability
$28M Awarded for Affordable Housing in Five US States
The Federal Home Loan Bank of Dallas' annual subsidy funds new affordable housing and upgrades to existing affordable housing stock
Affordability
How Do You Get a 3% Mortgage Rate? Startup Roam Has a Plan
The real estate portal exclusively showcases homes currently for sale with loans eligible to be assumable—often at much lower rates than today's mortgages
Financing
Mortgage Rates Continue Third Week of Downward Trend
Thanks to the continued drop in mortgage rates, mortgage applications are up, reaching their highest weekly pace in five weeks
Financing
The Fed Hits Pause on Rate Hikes, but Borrowing Costs Remain High
The Federal Reserve is expected to pause rate hikes, but buyers will continue to feel the sting of elevated borrowing costs for months to come