Market Data + Trends Increasing Number of Prospective Buyers Are Turning Active The National Association of Home Builders says low mortgage rates, a desire for more space, and the suburbs are the main reasons prospective...
Market Data + Trends Buyers Face Tough Conditions as Housing Inventory Drops 43% Annually If homebuyers are fed up with the rising home prices and low inventory now, the upcoming spring homebuying season could make this season...
Sales Debunking Common Homebuying Myths There are six primary myths when it comes to home buying that many renters still believe, but knowing the facts could inform renters that...
Market Data + Trends Survey Finds First-Time Buyers Face New Difficulties The housing market continues to warmly welcome first-time buyers with bidding wars, record-high home prices, and a shortage of inventory....
Financials How Will Rising Mortgage Rates Affect Homebuying? Mortgage rates dipped slightly this week due to investor activity, but that may be the last of it. Freddie Mac reported the 20-year fixed...
Financing Average Homebuyer Loan Hits Another Record High While mortgage demand fell last week and mortgage rates increased, the average homebuyer loan hit a new high amid rising home prices. CNBC...
Financing Is This the End of Low Mortgage Rates? For the first time in seven months, the rate for a 15-year fixed mortgage increased. The average contract interest rate for a 30-year fixed...
Affordability How Biden Plans to Address Housing Affordability Joe Biden has big plans for the housing market, and especially for housing affordability. CNBC says Biden’s housing plan could relieve...
Economics Why Did Mortgage Rates Rise Last Week? The recent uptick in mortgage rates come as a result of the senate runoff elections in Georgia last week, says Zillow. The close race in...
Financing Mortgage Rates Creep Up, Send Homeowners Running to Refinance Homeowners who have been hesitant to refinance their mortgages are now running as mortgage rates creeped up last week. Going from 2.86% to 2...
