GSEs: Home prices up 1.4% in first quarter, average 30-Year FRM ticks up 21 basis points this week
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