Improved mortgage rate outlook could bode well for home sales

Fannie Mae economists are not quite as gloomy about the 2023 home sales outlook as mortgage rates retreat from 2022 highs, with more room to ease. Continue reading

A sales uptick in 2023? Zillow’s senior economist thinks it’s likely

During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will “stabilize” in 2023, setting the stage for an increase in home sales. Continue reading

Fed slows rate hikes, but remains wary of entrenched inflation

Half a percentage point “is still a historically large increase and we still have some ways to go,” Fed Chairman Jerome Powell warns as policymakers wrap up final meeting of the year. Continue reading

Homebuyers take notice as mortgage rates continue to fall

Demand for purchase loans has increased in five out of the past six weeks, according to a weekly survey of lenders by the Mortgage Bankers Association released Wednesday. Continue reading

Annual inflation drops to 7.1% even as housing woes persist

Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow. Continue reading

Surveys show impact of mortgage ‘lock-in effect’ on seller psychology

Harris Poll finds 71 percent of Americans would be hesitant to move due to economic uncertainty over concerns, such as interest rates, inflation or a recession. Continue reading

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

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

Mortgage demand up for 3rd week in a row as rates continue to ease

Economists forecast mortgage rates will continue to fall as Federal Reserve minutes suggest policymakers are preparing to wind down an aggressive campaign to fight inflation. Continue reading

The best Black Friday deals for real estate agents in 2022

Inman’s 2022 Black Friday picks for real estate agents, brokers, clients and everyone else in their sphere is jam-packed with cutting-edge tech, home goods and so much more. Continue reading