Financing Some Buyers Fear the End of Low Mortgage Rates is Here Both mortgage rates and applications to refinance a home loan increased slightly last week, reversing course of previous trends. Rates for...
Financials Mortgage Rates Drop, But Not Enough to Boost Mortgage Applications Mortgage application volume, refinancing applications, and mortgage rates took a hit last week compared to the previous week, reports CNBC....
Economics Buyers Pull Back on Mortgage Applications for Second Week Despite lower mortgage rates, applications for a mortgage to purchase a home were lower than one year ago for the second consecutive week....
Market Data + Trends New-Home Sales Take a Hit as Prices Rise Increased building costs, lead times, and unstable supply chains are pushing home prices up and homebuyers out. New-home sales in April...
Market Data + Trends A Quarter of Existing Homes Sold in April Went to All-Cash Buyers A quarter of existing home sales in April were all cash, leaving first-time buyers with little leverage during the most competitive spring...
Financials Mortgage Demand Pulls Back as Average Mortgage Passes $400,000 Higher home prices mean higher mortgages and buyers today are now applying for $411,400 mortgages on average, the highest since February....
Market Data + Trends Home Prices Increase in 89% of Markets During Quarter One Home prices continue to rise across the country with 89% of markets posting price gains and the national median home price hitting $319,200....
Market Data + Trends Nearly Half of Americans Say It's Not a Good Time to Buy The share of American adults expecting home prices to increase over the next year reached its highest point in Gallup history, just 1% above...
Affordability Today’s Homebuyer Perception of Affordability Exceeds 2020 Levels A larger share of homebuyers report being able to afford half or more of the homes available for sale in their markets during the first...
Market Data + Trends Are Existing Homes Really Selling for More Than New Homes? March sales data found median prices for existing homes were higher than newly built homes for the first time in 15 years, but CNBC says...