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
How Are Buyers and Sellers Feeling About the Housing Market?
Housing market sentiment is taking a turn amid rising mortgage rates and persistently high prices
Financing
Mortgage Demand Falls to Lowest Level Since 1996
Soaring mortgage rates are leading to a sharp drop in purchase applications
Market Data + Trends
Homebuyer Preferences Shift Amid Economic Changes
Buyer demand remains strong despite market headwinds, according to new data from the National Association of Realtors
Community Development
Nonprofit Receives $60M in Funding for Community Development and Education
Cinnaire's $60 million award will spur projects that support education, vocational training, and job opportunities in disinvested communities
Affordability
How Did Housing Affordability Fare in Q2 2023?
The Federal Reserve continued its efforts to tame inflation and bring down housing prices in Q2, but buyers were still grappling with affordability issues
Financing
Mortgage Demand Drops to 27-Year Low
The highest mortgage rates in two decades are causing buyers and prospective sellers to pull back from the housing market
Housing Policy + Finance
The Fed Presses Pause, but Experts Issue a Hawkish Warning
The Federal Reserve maintained its federal funds rate in September, but experts warn the pause will be temporary
Financing
How Much Are Americans Dishing Out for Mortgage Payments?
The number of Americans paying $2,000 per month for a home mortgage has nearly tripled within the last two years
Financing
What the Rise of ‘Nepo-Homebuyers’ Means for the Housing Market
Wealth inequality isn't being helped by the fact that a growing number of young homebuyers are leaning on their families for financial support when buying a home
Market Data + Trends
Mortgage Rates Reach 22-Year High, but Economists Are Optimistic
The 30-year fixed-rate mortgage reached a 22-year high last week, but market economists say a "glimmer of optimism" lingers on the horizon
