Analysis and Data
Optimal Blue's September 2024 Market Advantage mortgage data report cited the FOMC rate cut as the main trigger for activity
One-third of U.S. adults ages 18-35 say the impact of Hurricane Helene has made them reconsider where to move next.
Fannie Mae's latest HPSI reveals 42% of consumers expect the rate cuts to continue
The average monthly payment among active mortgages hit a record $2,070 in August, up $140 from last year
Leading to 'crushed' expectations of another significant rate cut
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Recent rate improvements have boosted home shoppers' buying power by more than $74,000.
MCT reports 3.17% increase in September
Both Redfin and Realtor.com's September 2024 reports highlight the impact of falling mortgage rates on buyer demand and seller activity
CoreLogic HPI reflects lowest growth rate in over a year