New Home Buyers Bounce Back In October
Mortgage rates were at their recent peak in October. But despite elevated rates, new home buyers were active, pushing sales of newly built single-family homes higher than the month before.
Mortgage rates were at their recent peak in October. But despite elevated rates, new home buyers were active, pushing sales of newly built single-family homes higher than the month before.
Mortgage rates were at their recent peak in October. But despite elevated rates, new home buyers were active, pushing sales of newly built single-family homes
Mortgage rates were at their recent peak in October. But despite elevated rates, new home buyers were active, pushing sales of newly built single-family homes
According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates fell again last week. Rates for 30-year fixed-rate loans with both conforming and
It’s nice to have a grocery store in the area. After all, you’re going to need groceries. So having a store nearby that you can
At the height of last year’s housing market, a good home listed for sale on a Wednesday would often be sold by the end of
It’s no secret that the housing market has been more challenging this year. Higher mortgage rates, combined with still-high home prices, low inventory, and an
The standards lenders use to determine whether or not a borrower is approved for a mortgage aren’t fixed. Depending on market conditions, getting a mortgage
The number of available homes for sale is up 42 percent from where it was last year at this time, according to new numbers from
The thought of moving to a far-off destination can be tempting. But while the fantasy of moving somewhere new is exciting, the reality is most
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for loans to buy homes increased last week for the first time in more than
Home buyers are more likely to be focused on their budget, the latest listings, and the details of their upcoming move than they are the
As a homeowner, having equity means your home is worth more than what you owe on your mortgage. It’s a good position to be in,
Higher mortgage rates have home buyers feeling more hesitant. But if you’re a buyer who’s concerned about declining affordability conditions, there may be some encouraging
The past few years have favored home sellers. Fewer homes available for sale pushed competition between buyers and drove home prices higher. It was clearly
The Mortgage Bankers Association’s Purchase Applications Payment Index measures the national median payment applied for by prospective home buyers. In September, the median payment increased
Home showings are a good indicator to watch if you want to get a feel for what’s happening in the housing market. After all, what
The past few years have been good for homeowners. Rising home prices and a hot housing market meant homeowners who were looking to make a
The housing market has shifted. Higher rates, slower demand, and economic uncertainty have cooled the pace of the once hot market. But while a lot
Home buyers have money on their minds. They’re concerned about rising costs, inflation, and the price of homes. But, according to one recent survey, despite