Tag Archives: homebuyer demand

Mortgage rates fall — but so does demand, breaking 4-week streak

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As mortgage rates continue to retreat from 2022 highs, all eyes will be on Federal Reserve as policymakers conduct their final meeting of the year next week. Continue reading →

Demand for purchase loans up slightly for first time in 7 weeks

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Purchase loan applications rose 1 percent last week despite latest Fed rate hike, but homebuyer demand for mortgages remained close to 2015 lows, according to the Mortgage Bankers Association. Continue reading →

List prices are finally starting to fall

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Nearly 1 in 5 homesellers dropped their listing price during the four-week period ending May 22, a high watermark unmatched since October 2019, according to a new report from Redfin. Continue reading →

Builder confidence ends 2021 strong

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The National Association of Home Builders/Wells Fargo Housing Market Index increased for the fourth consecutive month, to 84 in December, marking a high for the year last seen in February. Continue reading →

Despite cooling housing market, pending sales continue to climb

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During the four-week period ending Sept. 5, pending sales rose 6 percent from a year earlier, according to a report released Wednesday by Redfin. Continue reading →