Harvard Report Shines Light on Affordability Crisis and ‘Alarming’ Rates of Housing Cost Burden
The Joint Center for Housing Studies (JCHS) of Harvard University recently released its annual “State of the Nation’s Housing,” and ...
Tag: Real Estate Economics
Economic Index Fell Again in May; Year-Over-Year Growth Looking Up
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Homebuilder Confidence Hits Lowest Reading Since December 2023
With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes ...
Mortgage Applications Continue to Rise This Week
Mortgage applications continued their upward trend and increased 0.9% from one week earlier, according to data from the Mortgage Bankers ...
Mortgage Rates Continue to Move Down
On the heels of the Fed standing firm on keeping its benchmark rate unchanged, mortgage rates trickled down again this ...
Mortgage Applications Shift Upward This Week
Mortgage applications shifted course and increased 15.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) ...
Inflation Unchanged in May; Neutral News for Potential Fed Rate Cut
The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, was unchanged in ...
CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders
Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In ...
May Sees a Stronger Jobs Report; Pros Give Mixed Reviews
The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the ...
Mortgage Rates Pull Back Again
Mortgage rates pulled back again after creeping up over 7% last week, ticking down to just under, averaging 6.99% this ...
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