Analysis and Data

Realtor.com finds 66 of 99 metros favor buyers or are moving that way, while rising financing costs have cut borrowing capacity 7.2% since late August for a fixed monthly payment

Sellers are cutting asking prices, but near-record monthly payments continue to squeeze buyers and limit purchase demand

LendingTree finds savings pay for three-quarters of projects, while home equity loans finance larger jobs

J.D. Power finds banks outperform servicers even among equally familiar users, while easy account access and payment history are tied to a 39-percentage-point difference in willingness to keep using an app

Redfin reports a record seller surplus and the highest contract cancellation share since early 2020, leaving loan officers with fewer purchase opportunities despite buyers’ growing negotiating power

NAR reports September’s sales pace remained below 4 million, while more inventory gave buyers negotiating room and higher rates weighed on the outlook for demand

With rates projected to stay above 7%, MBA expects fewer loans next year — putting more pressure on LOs to win market share and find business beyond rate-driven refinancing

More than 50 lenders are offering $845,000, $847,440, or $850,000 before FHFA acts, but investor execution and lender overlays determine which borrowers can use them

Thirty-one of the 100 largest markets posted three-month price declines in August, even as national prices remained above year-earlier levels

HomeLight survey shows financing strength and favorable contingencies can help buyers compete on more than price