Tag Archives: mortgage rate

Inventory tightens up as new listings tank: Redfin

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As Americans become immersed in the hustle and bustle of the holiday season and buyer demand softens, homesellers are pulling back from the housing market. Continue reading →

Feds charge Trump nemesis Letitia James with bank fraud

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James calls allegations over $109,600 mortgage baseless retribution, and a “continuation of the president’s desperate weaponization of our justice system.” Continue reading →

Mortgage rates hit 10-month low, spurring lower monthly payments

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The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage. Continue reading →

In a more buyer-friendly market, sellers are emerging too

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Why are active homebuyers now ready to list their old properties? The reasons vary by individual but also display some regional trends that track with the national inventory recovery, the Inman-Dig Insights survey found. Continue reading →

34% of homeowners say they’ll never sell their home: Redfin

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Rising home prices and elevated mortgage rates are keeping would-be homesellers out of the market, according to Redfin’s latest consumer insights. Redfin partnered with Ipsos to survey 1,802 U.S. adults about their housing choices. Continue reading →

How to break down the pros and cons of buying down interest rates

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Interest rate buydowns involve a trade-off between upfront costs and long-term affordability. Clever CEO Luke Babich offers strategies to help clients make the choice. Continue reading →

Consumers want lowest mortgage rate, but most won’t shop for it

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ICE Mortgage Technology survey finds 84 percent of homeowners who have taken out a mortgage in the last five years only considered one or two lenders before closing the deal. Continue reading →

Nine out of 10 Americans agree: May was a bad time to buy a home

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Elevated mortgage rates and home prices are creating challenges for many homebuyers, and 86% said May was a bad time to buy — a new high in Fannie Mae surveys dating to 2010. Continue reading →

NAR President: Commission changes will ‘marginalize’ buyers

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NAR President Tracy Kasper appeared on CNBC’s “The Exchange” on Thursday to talk about mortgage rates, affordability and the potential harm of changing the current commission structure. Continue reading →