BREAKING NEWS Mortgage Rates Tumble Amid Tariff Easing, But Housing Affordability Crisis Persists June 10, 2024 In a surprising shift, U.S. mortgage rates have dropped sharply this week, hitting their lowest level in months as global trade tensions ease. The average 30-year fixed-rate mortgage fell to 6.2%, down from 6.8% just four weeks ago, according…
KB Home Unveils Its First ‘Fire-Resilient’ Community in California: A Step Towards Safer Housing In response to the growing threat of wildfires in California, KB Home, one of the nation’s leading homebuilders, has unveiled its first-ever “fire-resilient” community. This innovative development aims to protect homeowners from the devastating impacts of wildfires by incorporating advanced construction…
Weekly Mortgage Demand from Homebuyers Hits Strongest Level in Nearly Two Months As spring blooms across the United States, so too does optimism in the housing market. Recent data reveals that weekly mortgage demand from homebuyers has surged to its highest level in nearly two months, signaling a potential thaw in a market that has…
FHFA Decides Against Cutting Fannie Mae and Freddie Mac Loan Limits In a significant move for the U.S. housing market, the Federal Housing Finance Agency (FHFA) has announced that it will not reduce the loan limits for Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that play a critical role in mortgage financing….
March 20, 2025 – In a surprising turn of events, the U.S. housing market saw a significant uptick in previously owned home sales this February, defying predictions amid persistently high mortgage rates. According to data released today by the National Association of Realtors (NAR), existing home sales climbed 4.2% from January to a seasonally adjusted…
In a shift from recent trends, mortgage demand in the United States has pulled back this week, driven by an uptick in interest rates that marks the first increase in over two months. After a sustained period of declining or stable rates, the rise has caught the attention of prospective homebuyers and industry analysts alike,…
Mortgage demand – Ryan Ratliff, heart, actual property gross sales affiliate with Re/Max Advance Realty, reveals Ryan Paredes, left, and Ariadna Paredes a house on the market in Cutler Bay, Florida, on April 20, 2023. A pointy drop in Mortgage demand rates of interest lastly lit a hearth beneath mortgage demand. Each present owners and…
Homebuilder Sentiment among the many many many nation’s single-family homebuilders dropped to the underside diploma in 5 months in February, largely ensuing from concern over tariffs, which might improve their prices considerably. The Nationwide Affiliation of Residence Builders’ Housing Market Index, or HMI, dropped a pointy 5 components from January to a studying of 42….