Tag Archives: Mortgage Rates

“Some buyers are asking sellers for the sun, the moon, and the stars in addition to offering below the asking price, and some are requesting no extras because they’re so motivated to secure one of the few homes on the market,” said Boise, Idaho Redfin agent Shauna Pendleton.

Nationwide, the typical home costs 25% more to buy than rent, according to a new report from Redfin. Click here to see which major metro areas topped the list of places where mortgage costs are lower than estimated monthly rental costs.

According to Fannie Mae's Economic and Strategic Research Group, experts project the gradual tightening in credit conditions due to recent bank turmoil will contribute to a modest recession beginning in the second half of 2023. Click here to learn more.

According to a new report from the National Association of Realtors, home sales declined an overall 22% from a year ago, while the inventory of unsold existing homes rose 1% from February.

According to a new report from Redfin, home prices fell 3.3% in March, while pending home sales also dropped to their lowest level since the start of the pandemic.

While mortgage rates and supply constraints persist, the significant lack of housing supply remains supportive of home prices, as prices inched up 1% in Q1 2023.

Although Black homeowners experienced the smallest wealth gains among any other racial or ethnic group, homeowners were able to accumulate over $115,000 in wealth in the last decade, according to a new report from the National Association of Realtors.

A new survey from Realtor.com revealed an estimated 82% of home sellers feel 'locked in’ to their current home, as buying a new home could potentially mean buying into a higher mortgage rate.

Despite economic conditions, a new report from TD Bank has revealed more than one-third of homebuyers planning to purchase a home reported that now is a good time to buy, as 54% of respondents said their level of financial preparedness has improved over the last two years.

According to a new LendingTree study, more than eight million adults throughout the U.S. aren’t caught up on rent, citing continued affordability constraints, and greater overall housing costs.