Affordability Homebuyer Demand Is Rising, but Sellers Are Slow to Respond Homebuyers are making a market comeback after months of stagnant activity, but elevated interest rates are keeping sellers glued to the sidelines
Affordability How Many Households Are Priced Out by Rising Mortgage Rates? Soaring interest rates are pricing a growing number of Americans out of the new-home market, and that share is expected to keep rising as the Fed sends borrowing costs even higher
Affordability Will Rising Mortgage Rates Undermine a Market Recovery Ahead of the Spring Buying Season? Dwindling supply and rising borrowing costs are backing prospective buyers into a corner just as the spring market heats up
New-Home Sales Homebuyers Persevere Despite Rising Mortgage Rates, Home Prices Interest rates are on the rise, but prospective buyers are still forging ahead with home purchases at the start of the spring market
Housing Policy + Finance The Federal Reserve Isn’t Slowing Its Rate Hikes Ahead of the Spring Market The 30-year fixed-rate mortgage surged above 7% yet again, threatening to squash a recent resurgence of buyer activity
Financing Mortgage Application Volume Falls to 28-Year Low Amid Rising Costs Mortgage demand fell for the third straight week at the close of January as interest rates moved higher
New-Home Sales Falling Mortgage Rates Cause Buyer Activity to Rebound Home sales are slowly gaining momentum as a result of more balanced borrowing costs, but will high home prices keep prospective buyers at bay?
Government + Policy Biden Announces New Plan to Help Homeowners Save on Mortgage Costs The program, set to take effect next month, will help 850,000 Americans save an average of $800 in mortgage costs in 2023
New-Home Sales Share of All-Cash Home Purchases Reaches 32-Year High Homebuyers paid with cash in more than 11% of all new-home sales in the final quarter of 2022, the highest share since 1990
Financing Higher Inflation Caused Uptick in National Mortgage Delinquency Rate in Q4 2022 A growing number of Americans fell behind on monthly mortgage payments at the close of 2022 due to inflationary pressures and a weaker economy
