Mortgage Applications Dip, Refinance Activity Down Almost 35% as Rates Remain Elevated
As the 30-year average mortgage rates teased 7% this past week, mortgage application activity saw a second-straight week of decreases, ...
Tag: Housing Market
Fed in No Rush to Cut Rates Until ‘Greater Confidence’ in Taming Inflation
At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as ...
Report: Home Affordability Gets Tougher in Q2 as Prices Rise
A new report from ATTOM, released July 3, shows that median-priced single-family homes and condos remained less affordable in the ...
Consumer Sentiment Continues to Waver in June
Consumer sentiment continued to waver in June, as economic signs gave little hope for inflation relief in the near future. ...
Rate Cuts Possible as Inflation Numbers Show Progress
Finally, inflation numbers open up the door for the Federal Reserve to potentially cut rates this September. The personal consumption ...
Mortgage Rates Dip for Fourth Week Straight, Hit Lowest Level in 3 Months
The averaged 30-year-fixed-mortgage rate stepped down for the fourth-straight week, dipping to 6.68% from 6.87% last week and marking its ...
New Home Sales Plummet in May
As mortgage rates remained elevated, tipping over the 7% mark last month, sales of new homes fell significantly in May, ...
Home Prices Set Record High in April, But Slowing Down
The S&P CoreLogic Case-Shiller Index, a key measure of U.S. home prices, reached a new high in April. The rate ...
Economic Index Fell Again in May; Year-Over-Year Growth Looking Up
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Housing Starts at 4-Year Low; High Construction Costs and Mortgage Rates Blamed
Construction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according to data released ...
3 Ways to Reclaim Your Work-Life Balance
Exhausted? Learn how top real estate agents reclaim work-life balance with strategic boundaries, batched tasks and weekly planning. Burn out less, close more. Read more.
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