Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent…
Posts published in “home sales”
Existing-home sales retreated 4.3 percent between February and March to a seasonally adjusted annual rate of 4.19 million, according to data released Thursday by the…
The recent surge in mortgage rates could take some air out of a projected rebound in 2024 home sales, with deals driven mostly by households…
Purchase loan applications surged for the second week in a row last week, but now rates are headed back up as worrisome inflation data casts…
A key Fed inflation metric, the PCE price index, continues to drop toward the Fed’s 2 percent inflation target, falling from 2.6 percent annual growth…
With mortgage rates hovering above 7 percent, requests for purchase loans were down by a seasonally adjusted 5 percent week over week and 2 percent…
The additional boost to 2024 home sales might come at the expense of slightly slower growth next year due to elevated mortgage rates, forecasters said. …
Applications for purchase loans plummeted by a seasonally adjusted 10 percent last week, according to a survey of lenders by the Mortgage Bankers Association. Source:…
Investors in these lower-income “opportunity zones” receive tax incentives for improvements. And 2 in 5 of these neighborhoods saw a disproportionately large rise in home…