DataDigest: Where renters can actually afford to buy May. 31st 2023
There are only four housing markets in the U.S. in which the median renter in that market could afford half or more of the homes, according to an analysis by First American.
Mortgage apps decline as rates hit the highest level in six months May. 31st 2023
Higher mortgage rates caused by the debt ceiling drama and resilient inflation reduced demand for home loans last week.
Leaders struck a debt ceiling deal. What it means for mortgages May. 30th 2023
The debt ceiling deal represents momentary relief for the mortgage market, as it reduces the chances of a federal government default.
FHFA House Price Index hits an all-time high May. 30th 2023
On Tuesday the FHFA House Price Index hit an all-time high. Total active listings are still near all-time lows and demand has stabilized.
FHFA issues RFI on multifamily property tenant protections May. 30th 2023
The request comes after learning "lessons" from COVID-19, rising rents and a shortage of affordable housing, the FHFA says.
Home prices accelerated in March even as mortgage rates climbed May. 30th 2023
Home prices rose month-over-month for the second straight month in March, and Miami, Tampa and Charlotte led the way.
Housing Market Tracker: Mortgage rates over 7% May. 28th 2023
Debt ceiling drama pushed bond yields up last week, taking mortgage rates to a new 2023 high in the middle of the spring selling season.
Real estate agents wonder if inventory levels will ever return to ‘normal’ May. 26th 2023
Industry experts have said the market and inventory returning to normal, but agents say that isn't the case in many markets across the country.
Higher mortgage rates, wider spreads follow debt ceiling impasse May. 25th 2023
Amid the rising risk of government default, mortgage rates increased to the highest level in two months last week.
Opinion: Housing supply is the biggest hinderance to the market May. 25th 2023
Housing is currently experiencing a crisis due to a catastrophically low level of available homes. How will it evolve from here?