In more than half of America’s largest cities, rents continue to post double-digit annual growth. And in some cases, they’re speeding up, according to Zumper’s…
Posts published in “mortgage rates”
Fed Chair Jerome Powell’s Jackson Hole speech spooks stock market investors, but long-term interest rates stable as bond markets bet on a slowdown next year. …
Applications for government-backed purchase mortgages were up 4 percent week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the…
In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a…
High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said. Source: Inman…
The number of new construction projects for single-family homes dropped by 10 percent in July, the steepest decline of the year, according to the U.S.…
Purchase loan activity has dropped in five of the last six weeks as some buyers remain wary, according to the Mortgage Bankers Association. Source: Inman…
Redfin’s Homebuyer Demand Index rose 7 points during the last week of July, while mortgage purchase applications rose for the first time in five weeks,…
The largest weekly decline in mortgage rates since 2020 sparks increase in home loan applications after four weeks of declining demand, MBA’s survey says. Source:…