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KCM
Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range. If you saw that and thought, “Great. I missed it,” you’re not the only one.
A lot of buyers are treating the 5s like some kind of magic number. As if moving from 6.1% to 5.99% suddenly changes <...
HousingWire
The 10-year yield has mostly behaved only because the jobs data was negative
By Logan Mohtashami
In the crazy world of economics, with all the drama last week, it was a pretty normal housing week. Housing data showed year-over-year growth, weekly pending home sales rose, inventory declined slightly and m...
Inman News
A record number of homes relisted in January, signaling growing consumer confidence
Despite recent global and economic volatility, the spring market is showing signs of positive momentum, potentially pointing towards a busier year for agents compared to recent years, according to new reports.
Existing-home sales increa...
KCM
You’ve probably seen posts on social media talking about how “home prices are falling.” And when you see something like that, it’s normal to wonder:
Is this the start of a crash?
What does this mean for my house?
Let’s clear this up right away. This is not a crash. And your home is not sudd...
Freddie Mac
Mortgage rates held steady at 6% this week, hovering near their lowest level since 2022. In fact, rates are down nearly a full percentage point from this time in 2024, spurring activity from buyers, sellers and owners. As a result, refinance activity is up, and purchase applications are ahead of last year’s pace.
The 30-year fixed-rate mo...