Inflation, rate increases pose risks to housing market, Fannie Mae says

In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June. Continue reading

Inflation concerns not reflected in latest mortgage rate survey

A weekly mortgage rate survey from Freddie Mac shows rates continuing to slide, but the snapshot of average rates over a seven-day period doesn’t fully reflect new data that’s pushed rates up this week on renewed worries about inflation. Continue reading

Sellers absolutely have the upper hand in this housing market: Survey

In a first, more people thought April was a bad time to buy a home than a good time, according to Fannie Mae’s latest survey of home purchase sentiment. Continue reading

Weaker mortgage demand tied to low inventory, higher prices

Applications for mortgage purchase loans fell for the second week in a row at the end of April, according to the Mortgage Bankers Association’s weekly mortgage application survey. Continue reading

Pending-home sales increase following 2 months of declines: NAR

The pending home sales index rose from the previous month in every U.S. region but the Midwest, while all regions saw gains year over year. Continue reading