23.5% of mortgaged homeowners have a rate below 3%.
The post Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6% appeared first on Weekly Real Estate News.
Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
Housing
Redfin and Zillow Group financial reports reveal broader housing market trends
The latest financial reports from Zillow Group and Redfin demonstrate ongoing wariness within the U.S. real estate market. Both companies expect revenue from key business segments to decline year-over-year in the first quarter. Zillow forecasts revenue from its advertising […]
Housing Wire
Second-home mortgage market slumped in 2023: Redfin
In 2023, home purchases slowed across the board due to low levels of inventory, high mortgage rates and soaring home prices. Simultaneously, the appetite for second homes also diminished substantially. Nationwide, 90,772 mortgages for […]
Housing Wire
Buyers are getting cold feet as mortgage rates exceed 7%: Redfin
Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Nearly 60,000 home-purchase agreements were canceled nationwide in August, equal to 15.7% of homes that […]