Mortgage demand has dropped for the first time in over a year as the war and economic uncertainty remain top of mind. Mortgage applications to purchase a home were 7% lower than the same week one year ago. Applications to refinacen a home loan were 4% lower than the same …
View MoreHome sellers are relisting properties at the fastest pace in a decade, but the spring supply is still low. The all important spring housing market is off and running, and while the pace isn't expected to be strong, there are signs of optimism, at least among home sellers. Some who …
View MoreCommercial real estate deal volume up 17% in 2025
Multifamily and Office building have been leading the commercial real estate sector the past 9-12 months. Multifamily has seen a surge in thanks to the higher interest rates which has kept home buyers out of the housing market. Office is …
View MoreMortgage Demand drops 8.5% as interest rates rise to their highest level in 3 weeks. Applications to refinance a home loan also dropped 16% for that time period.
While the Federal Reserve cut its benchmark interest rate this week, mortgage rates responded by doing just the opposite.
The average rate on the 30-year fixed mortgage has jumped 20 basis points since Fed Chairman Jerome Powell announced the cut on Wednesday and held a news conference, according to …
View More-Back to the office has hit a 5 year high as more companies look to bring the workforce back to the workplace.
-There is now more housing inventory available than anytime in the last 6 years.
-Housing affordability is still the #1 issue in America right now.
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home Price hikes are slowing more than expected.
Home prices in formerly hot pandemic markets are now starting to fall. Mortgage rates remain stubbornly high, with no sign of dropping. Prices are unlikely to drop dramatically, as there are still too few homes for sale.
Rising supply and …
View MoreNew purchase demand jumped 11% last week. Consumer sentiment and confidence seems to be high! Was last weeks bump just a blip or will the momentum continue as we enter the spring market?