Mortgage rates ease after Powell weighs in on impacts of tightening

The Fed chair acknowledged that in principle, elevated term premiums — higher rates of return bond investors are demanding to compensate them for risk — could reduce the need for further rate hikes. Continue reading

Here’s how to stop a vacant land scam with a single email

Security expert Robert Siciliano teaches you the five red flags for this scam and shows you how to put a stop to this type of real estate fraud with a simple and effective email response. Continue reading

Existing-home sales droop as mortgage rates hit 20-year highs

Home sales fell 2 percent between August and September and retreated 15.4 percent from a year ago as prices and interest rates climbed. Continue reading

Buyers continue downward spiral, but new listings may be steadying

Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren’t declining as quickly, Redfin reports. Continue reading

Home values surge to new record as median prices climb to $350K

The median U.S. home price rose to $350,000 in the third quarter, 2 percent higher than the previous record set a quarter earlier, according to new data released Thursday by Attom. Continue reading

Mortgage applications hit 28-year low as bond selloff keeps rates up

Mortgage rates continued their relentless rise this week to levels not seen in two decades, fueled by a bear market for bonds that fund government borrowing and most home loans. Continue reading

Inman Intel Index: Real estate leaders brace for dizzying change

The inaugural Triple-I survey went out to the Inman community last month, and the results are here. Dig into 126 pages of deep, exclusive findings, only for Intel subscribers. Continue reading

Housing starts tally ‘unexpected’ uptick amid rising mortgage rates

New housing starts increased 7 percent in September to a seasonally adjusted rate of 1.36 million, or 7.2 percent below the levels seen in September 2022, according to Census data released Wednesday. Continue reading

Chris LeBarton: How the Inman Intel Index changes the game

Inman Director of Research Chris LeBarton is tracking industry sentiment at a major inflection point. He shared what he’s learned from results of the inaugural Intel survey — and what’s to come. Continue reading