The Treasury Secretary blamed the Federal Reserve for the current housing recession and said that if the central bank cut interest rates more quickly, the…
Posts published in “pending home sales”
The drop in monthly payments, Redfin reported, followed a decrease in mortgage rates, with 30-year fixed-rate mortgages ultimately hitting a 2025 low of 6.12 percent…
The National Association of Realtors’ monthly report showed that homebuyers are still a bit crippled by economic uncertainty, and recent mortgage rate drops have mostly…
Homebuyers are freezing their purchasing plans at increasingly higher rates, according to Redfin’s latest market report. Fifteen percent of contracts, or 56,000, were canceled in…
The Federal Reserve’s decision to make a series of historic short-term rate cuts at the height of the pandemic has proven to be a double-edged…
NAR Chief Economist Lawrence Yun said lowering mortgage rates were leading to more buyers coming to market, but Bright MLS Chief Economist Dr. Lisa Sturtevant…
Last week, Inman staff writers and contributors had governmental and economic shifts on the brain, writing about rates, sales trends and the national debt. Source:…
Pending home sales, a leading indicator of expected home sale closings, fell 0.4 percent nationally in July, according to National Association of Realtors data. Source:…
A new analysis of Redfin data shows where homes are sitting, where sellers are pulling back and where prices are rising and falling the most…