Two new data reports have affirmed home price acceleration is continuing to slow down. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.7% annual gain for July, down from a 1.9% rise in June for the slowest acceleration in two years. The...
Pending home sales during August marked a 4% month-over-month uptick and a 3.8% year-over-year increase, according to data from the National Association of Realtors (NAR). Regionally, pending sales rose month-over-month in the Midwest, South, and West but declined in...
More Than a Market Cycle I’ve been in this industry long enough to see markets rise and fall, interest rates swing wildly, and consumer sentiment shift almost overnight. We’ve seen booms that made headlines and busts that left scars. Yet through it all, one constant...
The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. A year ago at this time, it averaged 6.08%. The...
Rent Discounts Spread to 43.5% of Listings as Apartment Owners Fight for Te…
