Homebuyer demand nearing ‘new, post-election normal,’ Redfin report finds
Tagged: mortgage rates
Refinances rose 27% last week and purchase demand remained steady, despite mortgage rates at 6.67%
But a lackluster market could push would-be buyers into renting next year
Secure a lower rate from home builders, sellers, or by borrowing from friends or family members.
High rates persist; could deter buyers
Fannie Mae's latest HPSI reveals 42% of consumers expect the rate cuts to continue
Redfin economists urge CA homeowners to take action while rates are low and activity is sluggish
Regional variations in homebuyer sentiment likely a function of new supply variations in those regions, Fannie Mae reports.
Home insurance costs are becoming a driving factor for relocation
Redfin’s Homebuyer Demand Index — which measures requests for tours and other buying services — has risen 4% over the last week.