Weekly mortgage demand surges 20% higher, after interest rates drop

Weekly Mortgage Demand Surges 20% Higher, After Interest Rates Drop

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 … Read more

Something ‘striking’ is happening with apartment renters

Something ‘Striking’ Is Happening With Apartment Renters

‘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

How unaffordable the housing market is and where it’s getting worse

How Unaffordable The Housing Market Is And Where It’S Getting Worse

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

What Different Types of Repayment Mortgages Are There?

standard variable rate mortgage Standard Variable Rate or SVR is a type of mortgage where the interest rate can change, influenced by the Bank of England’s base rate. Each bank sets its own standard variable interest rate which is usually a few percentage points above the Bank of England’s base rate. SVRs are one of … Read more

February home resales jump more than expected, despite mortgage rates

February Home Resales Jump More Than Expected, Despite Mortgage Rates

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 … Read more

April home sales dropped to the slowest pace for that month since 2009

April Home Sales Dropped To The Slowest Pace For That Month Since 2009

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

Homebuilder sentiment falls in February amid tariff worries

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. … Read more

Weekly mortgage application volume

Weekly Mortgage Application Volume

The most recent data available on weekly mortgage application volume in the United States is from the Mortgage Bankers Association (MBA) Weekly Mortgage Applications Survey for the week ending July 18, 2025. According to posts found on X, mortgage applications decreased by 0.2% compared to the previous week. Refinance applications, which are sensitive to interest … Read more