Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index…
Posts published in “30-year fixed mortgage rate”
Buyers are torn between acting before rates climb or avoiding all-time high prices as sellers look to act quickly, Redfin CEO Glenn Kelman said on…
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed…
Amid widespread annual home price growth, 89 percent of all metro areas saw double-digit price gains, according to the National Association of Realtor’s First Quarter…
During the third quarter of 2020, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years. Source:…
The volume of mortgage applications declined 2.5 percent for the week ending Sept. 11, according to the Mortgage Bankers Association’s weekly survey. Source: Inman News
The market composite index, which measures mortgage loan application volume, increased by 2.9 percent on a seasonally adjusted basis. Source: Inman News
The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new…
The coronavirus pandemic has resulted in lenders offering significantly lower average annual percentage rates to homebuyers and refinance borrowers. Source: Inman News
Redfin Chief Economist Daryl Fairweather shares what real estate trends she expects over the next year and beyond. Source: Inman News