According to National Association of Realtors Chief Economist Lawrence Yun, mortgage rates will be between 6-7% by next spring. Here’s what that may mean for existing home sales.
Read More »A Window of Homebuying Opportunity Opens
With mortgage rates plummeting 26 basis points week-over-week, Redfin reports that buyers may have a limited amount of time to take advantage. The average rate now sits at its lowest level since mid-September … but for how long?
Read More »Homebuilders Developing More Inventory of Homes for Sale
A recent Fannie Mae report revealed their latest projection of the 2022 real gross domestic product (GDP) to be flat at 0.0 percent growth on a Q4/Q4 basis. The latest GDP reading showed an expected decline in Q2, but recent ...
Read More »Unexplored Territory
The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.
Read More »Q1 Ends With U.S. Home Prices on the Upswing
Homebuying reached new highs in March, as buyers clamored to lock in rates and close deals prior to a spike in mortgage rates amid inflationary concerns.
Read More »Fannie Mae’s Chief Economist Talks Housing
DS News recently sat down with Doug Duncan to break down the factors in play shaping the current state of the housing marketplace.
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