Homebuyers respond as mortgage rates hover near 2025 lows

Purchase loan requests are up 7 percent from a year ago, as loosening housing inventory and a pullback in mortgage rates presents FHA buyers with more opportunities. Continue reading

Surprise Fed move takes some pressure off of mortgage rates

Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December. Continue reading

Inflation, job worries drive ‘horrific’ consumer confidence report

Republicans are less worried about the future than Democrats and Independents, but “consumers from all three political affiliations are in agreement that the outlook has weakened since February.” Continue reading

Brad Inman proclaims real estate agents ‘champions of the world’

Following a tough year of commission lawsuits and a challenging housing market, the Inman founder reminded real estate professionals on Thursday that they are survivors poised for a rebirth. Continue reading

Homebuyer sentiment tallies record low amid falling rates

Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances. Continue reading

Homebuyer sentiment ticks up for the first time since March

Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale. Continue reading

COVID vaccinations give Americans more confidence in housing

Fannie Mae’s Home Price Sentiment Index increased by 5.2 points from February to 81.7 in March. Year over year, the index is up 0.9 points. Continue reading

Pending home sales fall in December

The National Association of Realtors Pending Homes Sales Index declined 9.8 percent year-over-year in December, marking the 12th straight month of annual decreases. Continue reading