The Pending Home Sales Index jumped 8.1 percent to a reading of 82.5 in January, before mortgage rates began another climb, according to data released…
Posts published in “Markets & Economy”
The bank says it has racked up $353 million in severance expenses as it closes branches and pursues a “more focused home lending business.” Source:…
A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according…
The dominant iBuyer lost nearly $400 million in the fourth quarter, according to an earnings call Thursday afternoon. That’s better than the previous quarter, but…
In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December…
Buyers are navigating a stable housing market and making well-informed offers while sellers are leaning into a low-inventory environment, according to new data and agents…
An MBA survey shows demand for purchase loans is down 18 percent week over week and 41 percent from a year ago as mortgage rates…
Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and…
The federal voucher program has fallen far short of its goals, according to strategy expert David Piscatelli. By making minor adjustments to federal policy, an…