A pair of newly published data reports offer strikingly different views of the rental housing market, with one report stating rents are going down and the other claiming rents have become more expensive. Redfin (NASDAQ: RDFN) reported the median asking rent of April...
The typical home sold during 2024 was 36 years old, according to a new report from Redfin (NASDAQ: RDFN). This marked a new record for the average age of sold homes, and it was also nine years older than the median age of homes purchased in 2012. Condominiums being...
Mortgage credit availability remained unchanged from March to April, according to the Mortgage Credit Availability Index (MCAI) data from the Mortgage Bankers Association (MBA). The MCAI remained unchanged at 102.9 in April; the index was benchmarked to 100 in March...
The 30-year fixed rate mortgage averaged 6.76% as of May 8, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is unchanged from last week and down from the 7.09% rate recorded one year ago. The 15-year fixed-rate mortgage...
Single-family existing home sales prices were up in 83% of metro markets (189 out of 228) during the first quarter, according to data from the National Association of Realtors (NAR), which also found 11% of the tracked metro areas recorded double-digit price gains,...
Fed Inflation Concerns Broaden as Barkin, Collins Back Restrictive Policy
