Economists say that as these consumers regroup financially, they will return and keep the market stable. Continue reading….
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Homeowners See 12-Month Equity Gain of $64K
Western states saw the biggest hikes, while two Midwestern states saw the smallest. Continue reading….
Mortgage Rates Turn Upward Again
The reversal after declines over the last three weeks has economists closely watching for the Fed’s anticipated rate hike next week. Continue reading….
REALTORS® Plant Community Garden in Virginia Food Desert
The Northern Virginia Association of REALTORS® brings fresh fruits and vegetables to a neighborhood dealing with food insecurity. Continue reading….
Mortgage and refinance rates today, June 9, 2022
Today’s mortgage and refinance rates Average mortgage rates inched higher yesterday. Unfortunately, rises have outweighed falls considerably during June. So far this morning, it’s looking as if mortgage rates today […] Continue reading
Realtor.com® Acquires Agent Matching Platform
Move Inc., the operator of realtor.com®, is acquiring UpNest to help home buyers or sellers compare agents and select the best match for them. Continue reading….
Freddie, Fannie Plan Addresses Racial Disparities in Homeownership
The Equitable Housing Finance Plan tackles barriers experienced by renters, aspiring home buyers, and homeowners, particularly in Black and Latino communities. Continue reading….
Second-Home Hot Spots Become Rental Hubs
Average rental prices in popular second-home markets have climbed 17% year-over-year compared to 10% in other markets. Continue reading….
Recent Buyers Boost Spending on Remodeling, Furnishings
Home buying is good for the economy. Each home purchase triggers significant spending, regardless if the home is brand new or existing. Continue reading….
Mortgage Demand Plummets to 22-Year Low
Housing demand is slowing as mortgage rates climb and more buyers become priced out. Continue reading….