Fading hopes that mortgage rates will come down in the next 12 months are primary drag on Fannie Mae’s Home Purchase Sentiment Index, but job and income concerns were also up in March. Continue reading
Rising mortgage rates thwarted the first weeks of the spring market, according to a Redfin housing report published on Thursday. Homesellers pulled back during the four weeks ending March 31, leading new listing growth to experience the smallest annual… Continue reading
Purchase loan applications have been flat for two consecutive weeks, and now mortgage rates are popping again as more worrisome inflation data rolls in. Continue reading
Brokerage leaders told Intel their faith in improving capital conditions is still alive but weakening. What happens next remains an open question with high stakes for the real estate industry. Continue reading
The Federal Reserve’s preferred inflation gauge moved in the wrong direction last month for the first time since September, but core inflation fell for the 13th consecutive month, to 2.8 percent. Continue reading
Corcoran told Yahoo! Finance she doesn’t believe the effects of the settlement will be as earth-shattering as many make them out to be, but that “the confusion it’s causing is amazing.” Continue reading
With a key inflation report due Friday, mortgage rates and long-term Treasury yields have retreated to levels not seen in two weeks after Fed signals it could ease up on “quantitative tightening.” Continue reading
Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday. Continue reading
The S&P Core Logic Case-Schiller National Home Price Index tallied a 6 percent annual increase in January, reaching its fastest annual rate in more than a year, according to data released Tuesday. Continue reading
Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.5… Continue reading