Tagged: First American Financial Corp.

Mortgage applications up 6.3% before mortgage rates fall slightly over holiday weekend

Consumer confidence is on the rise in November, however, particularly around labor conditions.

'Price growth seems poised to maintain a steady, balanced pace'

New report by First American says home prices decreased by 3.1% between August and Sept. 2024

Inflation data suggests there are rainy days ahead, lowering the chances of the Fed easing rates.

Leading to 'crushed' expectations of another significant rate cut

Real house prices decreased 3.4% on a month-over-month basis between July and August 2024.

Pending home sales rose modestly in August by 0.6%

Higher education increases Millennials' earnings and buying power, but student loans may delay homeownership.

Fewer existing-home sales than last year indicate affordability and inventory challenges continue to plague purchase borrowers