Home Sale Prices Increase Incrementally with Lower Mortgage Rates, Redfin Reports

While prospective homebuyers are grappling with still-elevated mortgage rates, a growing share of Americans are enjoying being mortgage-free. In 2022, nearly 40% of U.S. homeowners owned their homes outright, according to Census Bureau data analyzed […]

Mortgage demand weakened last week, according to the latest data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.3% on a seasonally adjusted basis […]

Even though national GDP contracted for the second quarter in a row and home sales have fallen for five straight months, property prices are likely to continue growing because of low inventory, Lawrence Yun, chief […]