As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight Continue reading
Housing demand is strong heading into the fall, despite fast-rising home prices and low inventory. Continue reading
Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Continue reading
Rates for 30-year mortgages have remained virtually unchanged for two months even as lenders reported recent movement on other loan types. Continue reading
Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Continue reading
In what could be a preview of what’s in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago. Continue reading
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and shares why the market is still far from balanced. Continue reading
Powell “stuck to the script in his Jackson Hole speech,” said Pantheon Macroeconomics Chief Economist Ian Shepardson. “Anyone hoping for a steer on the timing of the taper will have been disappointed, but it was never likely.” Continue reading
Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading
Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac’s lender survey. Continue reading