In last Thursday’s Existing Home Sales press release, the NAR’s chief economist said “we’re witnessing a housing recession in terms of declining home sales and home building.” Less than a week later, today’s Pending Home […]
Home Price Growth Grinds to Halt. What Does It Mean For Conforming Loan Limit Outlook? Today brings the release of June’s home price indices from both the FHFA (the regulator that oversees Fannie and Freddie, […]
The volume of mortgage applications fell again last week, dragged lower by refinancing which had its largest week-over-week decline since mid-May. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that […]
The Mortgage Bankers Association (MBA) says the pace of mortgage applications slowed for a fourth consecutive time during the week ended September 2. MBA’s seasonally adjusted Market Composite Index, a measure of application volume, decreased […]
Educator Hosts have long been a part of the Airbnb community, and a recent survey conducted by Airbnb revealed that nearly 20 percent of US Hosts are either an educator or live with one1. In […]
Source: Forbes — The rate on a 30-year fixed refinance decreased today. The average rate on a 30-year fixed mortgage refinance is 6.04%, according to Bankrate.com, while the average rate on a 15-year mortgage refinance […]
Source: Maine Public — ARI SHAPIRO, HOST: With mortgage rates up sharply, a lot more homebuyers are turning to adjustable-rate loans. These can be more affordable – at least at first – but they come […]
Source: Knowledge at Wharton — Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession. Home sales are falling in response to rising interest rates, but there’s still a mismatch of supply […]
Source: M Live — Coming out of the pandemic shutdown lit the match for housing demand, and it’s been burning hot for nearly two years straight — but a housing correction is finally on the […]
Source: Oregon Live — Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42% since […]
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