Analysis and Data
Consumers report divergent views on home-selling and buying conditions.
The moral of the story is to urge consumers to lock in a low rate now on purchase and refinance loans before rates eventually go up.
First American Financial economist says report still may give the Fed reason to accelerate tightening of monetary policy.
A new survey revealed that 47% of house hunters said they would feel more urgency to purchase a home if mortgage rates were to climb above 3.5%.
Home prices have increased more than average rents and more than average wages in 88% of the counties analyzed.
Looming rate hikes pressure buyers to buy sooner rather than later, despite limited options.
A lack of housing supply hindered plenty of homebuyers from finding the right home for a fair price and now, the wait to find that perfect home may be even longer.
As the numbers roll in for Dec. 2021, a new report revealed that vacation home demand increased by 77% last month, compared to pre-pandemic numbers.
Total new filings for bankruptcy were down 24.2% from 2020.
Why Ben Slayton is determined to build the nation’s largest Black-led mortgage lender