The market reaction to Trump’s war in Iran sent mortgage rates sharply higher. NAR will revise its bullish 14 percent sales jump as a result. Continue reading
Hopes of a robust spring homebuying season are quickly running into harsh economic realities related to the war in Iran, inflation and other factors. Continue reading
Higher rates and overseas conflicts appear to be weighing on the lending industry, raising concerns about the upcoming spring. Continue reading
Three economists explain the Iranian conflict’s potential impacts on the housing market this spring, from fuel costs to mortgage rates. Continue reading
Three economists explain the Iranian conflict’s potential impacts on the housing market this spring, from fuel costs to mortgage rates. Continue reading
Mortgage rates and the median listing price are down while active inventory is up year over year, but more positive movement may be required for hesitant buyers this spring. Continue reading
Sales slowed month-over-month to an annualized rate of 4 million homes sold this year, according to a new report released Thursday by NAR. Continue reading
RE/MAX’s total agent count grew 2.5 percent from a year ago, to 147,073. But a growing proportion of those agents work outside of the franchisor’s main markets, the U.S. and Canada. Continue reading
Sales of newly built single-family homes rose in April, pointing to continued buyer engagement during the spring homebuying season, the latest data from the U.S. Census Bureau and Department of Housing and Urban Development (HUD) suggests. New resident… Continue reading
Applications for purchase loans fell 5 percent last week as rates climbed to highest level since February over concerns about inflation and growing government debt. Continue reading