How Millennials are Feeling About the 2024 Housing Market
A big conversation amongst the real estate struggles of recent years has been the barrier of millennials to break into ...
Tag: Housing Affordability
Guaranteed Rate Enhances RateReduce Program
Guaranteed Rate has enhanced the RateReduce™ program to include RateReduce Sell™, a program designed to help real estate agents excel ...
Foreclosure Activity Up From 2022, But Down From Pre-Pandemic Levels
A total of 357,062 U.S. properties had foreclosure filings—default notices, scheduled auctions and bank repossessions—in 2023, up 10% from 2022 ...
Mortgage Rates Continue to Hover in the Mid-Six Percent Range
The 30-year-fixed-rate mortgage changed little this week, averaging 6.66%, a slight increase from last week’s average of 6.62%, according to ...
Home Price Growth Speeds Up Again in November
Single-family home prices increased by 5.2% year-over-year in November, the strongest annual growth rate recorded since January 2023, according to ...
How Mortgage Rates Affected Home Affordability in 2023
Despite their current downtrend, mortgage rates had a heavy affect on homeowner affordability in 2023. Specifically, buying power (a homebuyer's ...
Mortgage Rates Move Sideways as Markets Digest Incoming Data
The 30-year-fixed-rate mortgage remained flat this week, averaging 6.62%, relatively the same as last week’s decline to 6.61%, according to ...
After Brief Surge, Mortgage Applications Continued Decreasing Over Two-Week Period
Mortgage applications decreased a notable 9.4% this week from two weeks earlier (the last report before the Christmas holiday), when ...
Pending Home Sales Flat in November
Pending home sales in November were identical to those in October, according to this month’s report from the National Association ...
Mortgage Rates Remain on Downward Trend Heading Into the New Year
The 30-year fixed-rate mortgage (FRM) averaged 6.61%, down from last week’s dip to 6.67%, according to the latest Primary Mortgage ...
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