2024 New-Home Sales Reach Highest Level Since 2021
Persistently high mortgage rates hovering near 7%, coupled with equally high home prices, have created an affordability crisis that many ...
Tag: Mortgage Rates
Fannie Mae: Higher Mortgage Rates Likely to Keep Existing Home Sales Near Multi-Decade Lows
The recent jump in the 10-year Treasury yield and the resulting rise in mortgage rates are expected to continue to ...
Mortgage Rates See Slight Reversal, Trending Down
In a slight reversal of the past month’s trends, the average 30-year mortgage rate decreased from its average last week ...
Forward-Looking Economic Index Reads Flat, but ‘Fewer Headwinds’ in 2025
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where ...
Little Change in Mortgage Applications This Week
Mortgage applications barely increased this week amid lingering high mortgage rates, but the increase was enough to push home purchase ...
Mortgage Rates Climb Over 7%
Still on the upswing, the average 30-year fixed rate mortgage ticked up over 7% this week, marking its fifth straight ...
Builder Confidence Edges Up Even as Tariff, Deficit Concerns Rise
Builder sentiment edged higher to begin the year on hopes for an improved economic growth and regulatory environment. At the ...
Inflation Up for the Third Straight Month, Though Economists See Silver Lining
Inflation continues to rise after a seven-month decline from early in 2024, reversing the trend seen from March to September, ...
Mortgage Applications Jump 33% Despite Rates Reaching Recent Highs
The latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey Mortgage shows applications increasing 33.3% from one ...
‘Expect the Unexpected’: Bright MLS Chief Economist Lisa Sturtevant on the 2025 Housing Market
When it comes to the housing market, in 2025, the only thing we should expect is the unexpected. At least ...
6 Musts to Share With Buyers About Why You Rule Over AI
“AI can summarize what has been published about a property,” says one real estate professional. “The trouble is that some of the most important information has not been published, is no longer current or cannot be understood without seeing the home.” Read more.
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