Mortgage Rates Continue to Plague Homebuilder Confidence
As mortgage rates rose back above 7% in April, and remain high despite a recent decrease, homebuilders are pulling back ...
Tag: Housing Market
Mortgage Rates See First Reprieve in 5 Weeks
The 30-year fixed-rate mortgage (FRM) decreased to 7.09% from 7.22% last week, the first decrease seen since they began rising ...
Rocket Mortgage Impresses With $1.2 Billion Earned in Q1 2024
As the economy waivers recently—with mortgage rates back up above 7%, the most recent PCE report demonstrating a rise in ...
eXp Exceeds Expected Revenue Rate for Q1, but Agent Count Remains Down Year-Over-Year
Despite ongoing legal woes and a drop in agents, virtual national brokerage eXp reported year-over-year revenue and profit growth in ...
Mortgage Rates Increase for Fifth-Straight Week
The 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%, ...
Case Shiller Reports U.S. Home Prices ‘at or Near All-Time Highs’
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.4% annual ...
With New Inflation Data Glum, Lower Mortgage Rates May Have to Wait
Hopes for lower mortgage rates soon were tempered Friday as inflation showed little signs of easing in March, with a ...
Mortgage Rates Still Going Up
After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last ...
Mortgage Applications Down in High-Rate Environment
After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the ...
Report: The Top 5 Cities to Move to in 2024
From a young age, we all have an idea of a dream destination that we’d like to call home; somewhere ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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