The American Enterprise Institute estimates that 64 percent of homes sold by the largest homebuilders provide permanent mortgage rate buydowns, which often don’t count as seller concessions. Continue reading
Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool. Continue reading
According to a new Redfin report, building permits for multifamily units have plunged 27.1 percent from their pandemic-era highs, with new rentals now hitting the market at the slowest pace on record. Continue reading