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Tag Archives: Rates

CFPB Seeks to Expand Homebuyer Options

The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. The CFPB seeks insights on ways to improve mortgage refinances for homeowners who would benefit from refinancing, especially for ...

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Record Share of Homebuyers Looking to Relocate

The housing market has slowed following a pandemic-driven buying frenzy, with home sales falling and supply starting to rise due to rising mortgage rates, high home prices, inflation, and a faltering economy. According to a new report from Redfin, a ...

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Austin Rents Skyrocket Nearly 50% YoY

The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May —rising 15% year-over-year to a record high of $2,002— according to a new report from Redfin. That’s on par with April’s annual ...

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Second Home Mortgage Rate Locks Reach Record High

Pacaso released their Second Home Market Report, the most timely and localized data available for the top 50 second home markets. The report shows that in Q1 of 2021, the percentage of second home mortgage rate locks hit its highest recorded level, with the share ...

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