The latest data analysis of the Home Purchase Sentiment Index (HPSI) published by Fannie Mae (OTCMKTS:FNMA) suggests households have become acclimated to higher mortgage rates. The HPSI decreased 0.9 points in March to 71.9, its first decline since November 2023, with...
Half of U.S. homeowners and renters (49.9%) continue to struggle to afford their housing payments, according to a new survey by Redfin (NASDAQ: RDFN). The nationwide survey polled approximately 3,000 homeowners and renters in February, with most of the data being...
First-time buyers made up half of all homebuyers in 2023, according to the latest Consumer Housing Trends Report published by Zillow (NASDAQ:Z, ZG). Last year’s figure represented the highest share in the report’s six-year history and is up from a low of 37% in...
The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) found rates stuck near the 7% level. The 30-year fixed-rate mortgage averaged 6.82% as of April 4, up from last week when it averaged 6.79%. A year ago at this time, it averaged 6.28%....
Property taxes levied on U.S. single-family homes totaled $363.3 billion in 2023, up 6.9% from $339.8 billion in 2022. According to data from ATTOM, the increase was almost double the 3.6% growth rate in 2022 and was the largest in the past five years. ATTOM also...