Purchase
Housing Market Tracker: Higher rates crush purchase apps
We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out […]
Ask These 4 Questions to Save Money on a Home Purchase
The post Ask These 4 Questions to Save Money on a Home Purchase appeared first on Weekly Real Estate News.
Purchase sentiment is climbing, but home sales could stay muted
High mortgage rates and elevated home prices continued to dampen the consumer sentiment regarding home purchase decisions in January, according to new data from Fannie Mae. Ongoing affordability issues remained a problem for buyers last […]
Housing Market Tracker: Purchase apps jump 25%
Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. That’s a big jump, but context is critical. Housing inventory decreased by 566 units, which is […]
Rocket Mortgage Introduces Purchase Plus, Helping Make the American Dream of Homeownership More Attainable
Special purpose credit program offers up to $7,500 in lender credits for first-time buyers in underserved communities to eliminate a significant hurdle to homeownership “Homeownership has a significant impact on strong communities and the creation […]
Purchase sentiment is up but affordability remains a challenge in 2023
Potential homebuyers’ purchase sentiment improved slightly in December, but that still remains well below pre-pandemic highs, according to new data from Fannie Mae. Ongoing affordability challenges are expected to limit buyers from entering the market […]
Purchase and Refinance Applications Tumble
Mortgage application activity, which had been on the rebound this month, suffered its largest loss since mid-February during the week ended May 13. Applications for both refinancing and home purchase took double digit hits. The Mortgage […]