The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts…
Posts published in “30-year fixed mortgage rates”
Down payments set shrinking course for 1st time in 2 years
By The Citizen on June 16, 2025
Down payments are declining even as home prices are rising because buyers are facing affordability challenges or opting to reserve more of their cash because…
Buying vs. renting: The income gap is widening, Redfin says
By The Citizen on April 10, 2025
The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Source:…
Build-to-rent homes hit record high in 2024 with no signs of slowing
By The Citizen on April 7, 2025
In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of…
Most Gen Z sellers have regrets over pandemic home purchases
By The Citizen on March 27, 2025
Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret…
US home prices rose modestly in January, led by NYC and Chicago
By The Citizen on March 25, 2025
The FHFA Housing Price Index posted a 4.8 percent annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1…
Pending home sales fall 4.6% to an all-time low, NAR says
By The Citizen on February 27, 2025
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low,…
Recent survey highlights housing priorities ahead of 2024 election
By The Citizen on October 15, 2024
According to the survey, approximately 41.6 percent of U.S. homeowners believe that Donald Trump is best suited to maintain high home values, while 35.3 percent…
Pending home sales rise modestly in August as mortgage rates dip
By The Citizen on September 26, 2024
Pending home sales edged up 0.6 percent in August, as declining mortgage rates made home purchases more affordable, according to data released Thursday by the…
Second-home mortgages decline amid economic uncertainty
By The Citizen on September 13, 2024
U.S. homeowners are showing less interest in taking on second-home mortgages, as elevated prices and economic jitters make these properties less appealing, Redfin reported on…