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Freddie Mac
The 30-year fixed-rate mortgage declined again this week to 6.23%. Rates currently stand at their lowest level in the last three spring homebuying seasons. This improvement, coupled with a pickup in purchase applications and refinance activity, as well as an increase in monthly pending home sales, underscores signs of improving momentum in the market.
Inman News
Buyer’s markets expanded to 38 major metros in March as demand softened
U.S. home prices rose 1.7 percent year over year in March, the slowest annual growth rate in records dating to 2012, according to the Redfin Home Price Index (RHPI).
Month over month, prices climbed 0.1 percent on a seasonally adjusted basis, ...
National Association of REALTORS
Month Over Month 1.5% increase in pending home sales Gains in the Northeast and South; declines in the Midwest and West Year Over Year 1.1% decrease in pending home sales Gains in the South; declines in the Northeast, Midwest and WestPending home sales in March increased by 1.5% from t...
Inman News
Dr. Lawrence Yun unpacks inflation, national debt, oil prices, global conflict and more
Everyone keeps asking the same question: Are mortgage rates going back to 3 percent? According to the National Association of Realtors’ Chief Economist, Dr. Lawrence Yun, don’t count on it. At least not anytime soon.
Inflation, nation...
HousingWire
We saw growth in sales, new listings and active inventory
B Logan Mohtashami
A ton of housing data snapped back last week as it should have from the holiday-impacted week before: active inventory, new listings and weekly pending home sales all grew above trend. This usually happens when we have a major holida...