Summer market will be hot, but not scorching, economists say at Inman Connect

Daryl Fairweather of Redfin and Jeff Tucker of Zillow said the market would still continue to be strong through the end of 2021. Continue reading

Demand for mortgages rebounds after 3 weeks of declines: MBA

Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association. Continue reading

Homeowners are losing their enthusiasm for refinancing

Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down after surging in February in March. Continue reading

New, pending, existing: What you should know about today’s market

This week, Inman looked at what you should know about pending sales, new-home sales and existing-home sales. Here, Windermere Chief Economist Matthew Gardner dives into where the market stands on those metrics and more. Continue reading

Mortgage rates retreat from 3% threshold

Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept a lid on long-term interest rates. Continue reading

Mortgage lending standards ease for refinances

Mortgage lenders continued to ease underwriting standards in April, but only for borrowers who were refinancing. For both homebuyers and homeowners seeking to refinance, credit still remains tighter than before the pandemic, which helped pushed average… Continue reading