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
If you’re trying to calculate how much house you can afford, the most commonly cited rule is that your mortgage payment should be no more
When there are more buyers than homes for sale, it can be difficult to find a home without compromising on your wish list. Maybe, for
The lack of available homes for sale has been getting a lot of attention lately. That’s no surprise. When there aren’t enough homes to accommodate
Sales of previously owned homes continue to improve, according to new numbers from the National Association of Realtors. Their existing-home sales report shows sales rose
In early spring, when coronavirus shutdowns began, few would’ve predicted that the summer housing market would be as hot as it turned out to be.
New residential construction is vital to keeping the housing market balanced. After all, there’s no easier way to increase the number of homes for sale
Lending standards change. That’s why the Mortgage Bankers Association’s monthly Mortgage Credit Availability Index tracks how easy or difficult it currently is for borrowers to
Spring and summer are the busiest seasons for the housing market. Home buyer demand ramps up in March and doesn’t typically start falling until after
Fannie Mae’s Home Purchase Sentiment Index is a monthly measure of how Americans view the housing market and their personal financial situation. The survey asks
Fannie Mae’s Home Purchase Sentiment Index is a monthly measure of how Americans view the housing market and their personal financial situation. The survey asks
If you know nothing else about how financing works, you know a lower mortgage rate is better than a higher one. You don’t need to
Ideally, the number of homes for sale would be equal to the number of interested home buyers. After all, an equally balanced housing market would
The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing
During the second quarter, the economy suffered the worst contraction since World War II. But the strength of the subsequent rebound has Fannie Mae’s Economic
In July, sales of newly built, single-family homes soared to their highest level since 2006, according to new estimates released by the U.S. Census Bureau
The coronavirus pandemic has caused Americans to spend more time in their homes than they did in the past. Remote work and stay-at-home orders have
The S&P Case-Shiller Home Price Indices have been tracking home prices for more than 30 years and are considered among the leading measures of U.S.
Before the coronavirus’ onset in mid-March, most industry analysts were forecasting a hot housing market this year. Buyer demand was up and the inventory of
