April Dwelling Gross sales Dropped to Slowest Tempo for That Month Since 2009 By Actual Information Hub Workers | Might 24, 2025 Dwelling gross sales in April fell to their slowest tempo for that month since 2009, as persistently excessive mortgage charges and elevated dwelling costs continued to sideline potential consumers from the housing market, … Read more
Overview of Housing Affordability within the U.S. The U.S. housing market is experiencing a extreme affordability disaster, pushed by hovering house costs, rising mortgage charges, and stagnant revenue development. Key metrics spotlight the extent of the difficulty: Elements Driving Unaffordability Areas The place Affordability Is Worsening Affordability varies considerably by area, with some areas experiencing … Read more
‘Putting’ Shift in House Renting: Tenants Keep Put as Turnover Plummets New York, Might 10, 2025 – A exceptional development is reshaping the U.S. house rental market: tenants are more and more selecting to remain of their residences when their leases expire, defying the trade norm of frequent strikes. In keeping with actual property analyst … Read more
Soaring Mortgage Rates Drive Borrowers Toward Adjustable-Rate and Non-Traditional Loans With mortgage interest rates climbing to their highest levels in over two decades, homebuyers are increasingly turning to riskier loan options—including adjustable-rate mortgages (ARMs) and low-down-payment loans—in a desperate bid to secure homeownership amid worsening affordability. The recent Federal Reserve rate hikes, persistent inflation, and global economic uncertainty … Read more
Weekly Mortgage Demand Jumps 20% as Tariff Volatility Slashes Charges April 9, 2025 – Washington, D.C. – Mortgage demand soared final week, climbing 20% in comparison with the earlier week, as a pointy drop in rates of interest—sparked by market jitters over President Donald Trump’s escalating tariff plans—lit a fireplace below each homebuyers and refinancers. … Read more
Mortgage Rates Slingshot Higher as Tariff Uncertainty Roils Markets April 8, 2025, 12:29 PM PDT — Mortgage rates surged Tuesday, climbing 25 basis points in the past 24 hours to an average of 6.85% for a 30-year fixed loan, erasing last week’s declines and signaling fresh volatility in the U.S. housing market. The spike, reported … Read more
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 … Read more
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 … Read more
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 … Read more
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. … Read more