Tagged: First American Financial Corp.

Mortgage rates reduce buying power by 0.7%

Potential Home Sales Model suggests sales pace will begin to settle into a new normal.

Decline a surprise following report of growth in builder confidence.

Jody Mulkey Previously Worked At GoodRX and Ticketmaster

Historical data shows that a relationship between prices and mortgage rates is not straightforward.

Despite lack of supply, Potential Home Sales Model improves, First American says.

Economists tell real estate editors to expect some improvement in the housing market in 2024.

The spread between mortgage rates and the 10-Year Treasury yield is worth watching.

First American says home sellers & buyers are sitting on the sidelines due to low inventory and high rates.

Increase 2.2% from March, but number of units under construction not enough to fill inventory void.