Tagged: mortgage rates

Starter-home sales rose 4.9% year-over-year in October, increasing for the 14th consecutive month, with San Francisco recording the biggest jump in starter-home sales

A more even housing market is projected to emerge as steadier prices, easing rates, and rising incomes improve affordability and will provide buyers with more negotiating power

Redfin predicts that 2026 will usher in a “Great Housing Reset” — a gradual rebound in the U.S. housing market, driven by rising incomes outpacing home-price growth, more affordable mortgage rates, modest price increases, and slowly improving homebuying

Originators today are adapting to a shift in the marketplace, where they not only cannot sit around waiting for the phone to ring, but must venture out and pursue prospective borrowers

Amid a lingering government shutdown and weakening labor market, the Federal Reserve has reduced interest rates by 0.25 percentage points at the conclusion of its October Federal Open Market Committee meeting

A new study reveals that potential homebuyers are increasingly bailing before hitting the closing table, as 15% of homebuying contracts were canceled in the month of September

As rates fall to levels last seen over a year ago, homebuyers have gained approximately $9,500 in purchasing power month-over month, yet with median home-sale prices up 2% year-over-year, many would-be buyers remain on the sidelines

An analysis of two million loans shows that improving credit scores and increasing downpayments are offsetting market factors in a high-rate environment, resulting in savings for borrowers

Studies find that there are currently 36.7% more home sellers in the market than buyers — a near-record gap, which is good news for buyers who have an opportunity to negotiate and ask for concessions

As the mortgage rate market improves, MBA economists forecast headwinds such as tariffs and inflation may keep rates above the 6% mark and potential buyers on the sidelines for the foreseeable future