Existing-Home Sales Fall Slightly in January
Existing-home sales continued to decrease for the twelfth straight month in January, but only dropped slightly, according to the National ...
Tag: housing recession
Conference Board: While Labor Market Remains Robust, Economic Indicators Signal Near-Term Recession
The Leading Economic Index (LEI) fell by 0.3% in January to 110.3, following a decline of 0.8% in December, according ...
Mortgage Rates Increase for the Second Consecutive Week
The 30-year fixed-rate mortgage (FRM) averaged 6.32% this week, an increase from last week’s 6.12%, according to the latest Primary ...
Home Prices in Opportunity Zones Fall During Q4
Median single-family home and condo prices decreased from the Q3 to Q4 2022 in 56% of Opportunity Zones around the ...
Builder Confidence Swells, With Hope for 2023 and Beyond
The National Association of Home Builders (NAHB)/Wells Fargo measure of builder confidence shot up in the biggest single-month increase in ...
Mortgage Applications Decrease for Second Time in 3 Weeks
In line with ongoing mortgage rate fluctuations, mortgage applications expectedly continued to follow suit this week decreasing 7.7% from one ...
U.S. Inflation Continues to Drop in January, but Pace Slows
The road to reeling in inflation will take a lot of work, and new reports from the U.S. Bureau of ...
Looming Recession and Housing-Market Correction on the Table in 2023
Most can agree that the housing affordability crisis has been a thorn in the side of many consumers in recent ...
Housing Affordability Hits Record Low, but Turning Point Lies Ahead
Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building ...
Mortgage Mix: Rates Move Slightly While Applications Rebound
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. According ...
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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