Home sales drop sharply as prices hit an all-time high for January
The U.S. housing market continues to weaken, as potential buyers face stubbornly high mortgage rates, elevated prices and limited supply of listings....
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The frozen housing market may be starting to thaw
The US housing market is showing renewed signs of life as 2024 begins. NAR data showed December pending home sales jumped 8.3% from the prior...
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The average US homebuyer has gained $40,000 in buying power in the last 3 months as mortgage rates cool
Homebuyers have gained more purchasing power as mortgage rates have edged lower. A homebuyer with a $3,000 monthly housing budget can afford a...
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It's almost impossible for first-time buyers to afford a home, top analyst says
It's virtually impossible for first-time buyers to afford a home today, says Mark Zandi of Moody's. The surge in house prices and mortgage rates...
Read MoreMortgage refinance demand jumps to highest level since October, but homebuyers pull back again
Mortgage rates moved slightly lower again last week, keeping refinance demand on the rise. Applications to refinance a home loan jumped 10% compared...
Read MoreHomebuyer mortgage demand drops further, a troubling sign for the spring market
Homebuyers are seeing very little reason to get a jump on the all-important spring housing market, even with more listings coming up for sale....
Read MoreMortgage demand drops further, even as interest rates settle
Mortgage rates didn't move last week, but demand for new home loans continued to weaken. Both homebuyers and current homeowners are hampered by...
Read MoreMortgage demand is mixed, as interest rates hit highest level since May
Mortgage demand started this year stronger than it did last year, even though interest rates are higher. Total mortgage application volume last week...
Read MoreMortgage rates hit highest level since July, crushing application demand
Mortgage rates last week moved higher for the fourth week in a row. That caused already very weak mortgage demand to drop even further. Total...
Read MoreWeekly mortgage demand drops 6%, as homebuyers remain 'on the fence'
Mortgage rates dipped slightly last week, but so did mortgage demand, as housing affordability continues to sideline potential buyers. Total mortgage...
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