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

Pending home sales post record drop as deals die and price cuts soar

Inflation and mortgage rates took a hefty toll on homebuyers in October, with a record 60,000 home-purchase cancellations during the month, according to new data released Monday. Continue reading

37% of real estate agents couldn’t pay rent in October

Rent delinquencies surged in October compared to one month prior as the housing market continues to struggle with high mortgage rates, according to a new survey. Continue reading

Prices will fall in 2023. But savings will be negligible due to headwinds

Home prices could fall by 8 percent, but rising mortgage rates and a “mild recession” will blunt the savings in buyers’ pockets, according to Capital Economics’ new U.S. Housing Market Outlook. Continue reading