Tag Archives: federal reserve

Redfin economist: The Fed can change its mind

By Matt Carter | May 13, 2022 - 7:27 pm |May 13, 2022 Uncategorized

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While an abrupt shift in policy isn’t expected, Fed Chair Jerome Powell affirms that, “If things come in better than we expect, then we’re prepared to do less” tightening. Continue reading →

Homebuyers showing ‘some resiliency’ to higher rates

By Matt Carter | May 11, 2022 - 7:50 pm |May 11, 2022 Uncategorized

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A lender survey shows demand for purchase mortgages rose for a second week in a row, but borrowers are increasingly turning to adjustable-rate loans. Continue reading →

Homebuyer sentiment hits another new record low

By Matt Carter | May 9, 2022 - 6:21 pm |May 9, 2022 Uncategorized

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A record low 19 percent of Americans say it’s a good time to buy a home, according to a monthly survey Fannie Mae’s been conducting since 2010. Continue reading →

Homebuyer demand for mortgages ‘consistent and resilient’ in April

By Matt Carter | May 9, 2022 - 4:01 am |May 9, 2022 Uncategorized

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Lenders saw much of what was left of their refinancing business evaporate as rates climbed to their highest levels in nearly 13 years. Continue reading →

Fed decides the fate of the housing market: The Real Word

By Byron Lazine | May 6, 2022 - 8:29 am |May 6, 2022 Uncategorized

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This week, Byron Lazine and Nicole White discussed how the Fed’s decision will impact the housing market, CoStar’s plans for Homes.com and the TikTok-famous Marketeer of the Week. Continue reading →

Mortgage rates may level off as Fed unveils details of tightening plan

By Matt Carter | May 4, 2022 - 9:42 pm |May 4, 2022 Uncategorized

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Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet. Continue reading →

Purchase loan demand perks up as mortgage rates plateau

By Matt Carter | May 4, 2022 - 11:00 am |May 4, 2022 Uncategorized

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MBA forecaster Joel Kan sees the uptick in loan requests as a “potentially a good sign for the spring home buying season, which has seen a slow start thus far.” Continue reading →

Most homebuyers ready to make an offer 3 days after showing: Survey

By Matt Carter | April 28, 2022 - 7:52 pm |April 28, 2022 Uncategorized

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One-fifth of prospective homebuyers polled would also be willing to put in an offer immediately, according to Bank of America’s annual Homebuyer Insights Report released Thursday. Continue reading →

The US economy’s run stalls, but real estate forges ahead

By Daniel Houston | April 28, 2022 - 7:12 pm |April 28, 2022 Uncategorized

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The nation’s gross domestic product shrank in the first three months of 2022, overshadowing a strong period for residential investment. Continue reading →

Zillow changes tune on 2023 home values and sales. Here’s why

By Lillian Dickerson | April 22, 2022 - 4:50 pm |April 22, 2022 Uncategorized

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Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What’s with the downgrade? Continue reading →