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Coming Up:
Potential For Declining Rates This Summer, Following CPI Report
Norada Real Estate Investments said "rates likely to decline" after the latest CPI report.
Home Sales Fell To Historic Lows In May
Only two months in past decade saw fewer home sales, Redfin reports
NAF Seeks To Make An Impact On Black Homeownership
By extending $20 billion in new mortgages to Black homebuyers by the year 2028
Mortgage Rates Continue To Move Down
The 30-year FRM averaged 6.95% as of June 13, 2024, down from last week when it averaged 6.99%.
Buyers Turn To New Construction As Inventory Lags
May's mortgage applications for new home purchases increased 13.8% from last year.
California, New Jersey, Illinois Deemed Most At-Risk Markets
Those three states had 34 of the 50 counties around the U.S. considered most vulnerable to declines.
Home Prices Hit A Record High But Relief Expected Soon
Median sale price reaches $394,000; new inflation is data promising, Redfin analysts say
Fed Projects A Single Rate Cut As Inflation Eases In May
“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.