Tagged: Mortgage Rates

"Buyers remained on the fence" last week as index fell 6.6%, commented the MBA's Joel Kan

The latest ICE figures portray a housing finance system still struggling to stage a comeback

Median purchase application payments rose 3.5% from the end of 2023 — the last 'worst year in decades' for home sales

“We do not need to be in a hurry to adjust our policy stance,” Powell told reporters at Wednesday's press conference

MBA expects "gradual pick up in purchase activity in the coming months" — pending a big "if"

Fannie Mae lowered its 2025 originations forecast by 2.5%, and total home sales forecast by 2.25%, this week.

As the average age of homebuyers rises, "many Americans still see the ideal of having a home belongs to them," Realtor.com's Laura Eddy says.

High rates coupled with high home prices continue to affect affordability

Buyers remain engaged in spite of highest rates since July

As monthly mortgage payments have tripled, renters have remained in place longer and more frequently