Rising Construction Costs Indicate Long Road Back to Affordability
As inflation and economic challenges continue to put pressure on the housing construction industry, rising construction costs may point to ...
Tag: Housing Affordability
Economists Warn ‘Wartime Inflation’ Could Push Rates Higher
After a brief dip into the fives, mortgage rates ticked back up this week and will likely continue to rise ...
Refinance Activity Increases to Strongest Pace Since 2022
Overall applications for home purchases increased for the third-straight week while refinance activity increased for the fourth, their lowest level ...
Construction Struggling to Meet Demand as the Housing Supply Gap Widens
Housing construction has faced a plethora of challenges in recent years, as the country falls further behind in the number ...
Mortgage Rates Drop Below 6% for the First Time in Over 3.5 Years
Just in time for the spring buying season, average mortgage rates crossed “into the fives,” this past week, their lowest ...
Home Loan, Refi Applications Continue to Increase, Following Lower-Rate Trends
Home loan application activity increased this past week, up slightly from the previous week and following the trend of steady ...
New-Home Sales Bloom in Winter as Buyers Sniff Out Affordability
New-home sales picked up sharply in November and December, according to the latest release from the U.S. Census Bureau, in ...
Mortgage Rates Drop Again, Hitting Lowest Level Since September 2022
As inventory challenges persist in some markets and have improved in others, economists generally point to a Spring market with ...
Refinance Demand Buoys Mortgage Applications Uptick
Steady rates remaining in the low 6% range continue fueling refinance demand, rising the tide for a small increase this ...
Weeks of Steady Mortgage Rates Boosting Buyer Confidence
On the heels of a dismal January existing home sales report, mortgage rates holding steady around 6% for weeks brings ...
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