Analysis and Data
ServiceLink's State of Homebuying Report reveals that younger generations remain undeterred by high mortgage rates and lower incomes, showcasing their determination to enter homeownership amidst current market conditions.
Financial strain looms for borrowers who made a choice to go with an ARM.
As the November 2024 Election approaches, more than half of homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming presidential election.
Housing market expected to see delayed boost from lower mortgage rates.
President Joe Biden offers up proposals to lower the costs in lieu of Fed action.
Mortgage rates dip slightly, prompting increase in home loan applications.
Despite challenges, experts anticipate a potential decline in final sale prices as price growth slows.
The Mortgage Credit Availability Index sees modest increase, reaching 92.9; conventional loans expand slightly, while government programs remain stable.
Consumer confidence in selling homes rises, but buying sentiment remains pessimistic.
Homeowners witness significant equity surge of $1.3 trillion with Northeastern states making the biggest gains.