U.S. Housing Market
Mortgage Rates Take Another Upturn
The 30-year fixed-rate mortgage averaged 6.30% as of April 30, up from last week when it averaged 6.23%. Continue Reading Mortgage Rates Take Another Upturn
Report: Homebuyer Affordability Declined in March
The national median mortgage payment for conventional loan applicants was $2,145. Continue Reading Report: Homebuyer Affordability Declined in March
NYC Mayor Mamdani Threatens 9.5% Property Tax Hike if State Rejects His Call for a New Wealth Tax
The proposed property tax would be the city’s first hike since the late 2000s. Continue Reading NYC Mayor Mamdani Threatens 9.5% Property Tax Hike if State Rejects His Call for a New Wealth Tax
Florida Dominated Top 10 List of January’s Most Expensive Home Sales
All of the 10 most expensive properties sold last month carried price tags of more than $29 million. Continue Reading Florida Dominated Top 10 List of January’s Most Expensive Home Sales
Coalition of 174 Organizations Urge HUD Not to Drop Disparate Impact Regulations
The coalition said the disparate impact regulations was one of the most impactful tools used to fight housing discrimination. Continue Reading Coalition of 174 Organizations Urge HUD Not to Drop Disparate Impact Regulations
Mortgage Rates Drop to 6-Month Low
The 30-year fixed-rate mortgage averaged 6.73% as of Aug. 1. Continue Reading Mortgage Rates Drop to 6-Month Low
Housing Inventory Reaches Post-Pandemic High
The amount of time that homes are spending on the market is also growing. Continue Reading Housing Inventory Reaches Post-Pandemic High
Half of Q2 Mortgaged Homeowners Are Equity-Rich
The share of home mortgages that were seriously underwater fell to 2.4%. Continue Reading Half of Q2 Mortgaged Homeowners Are Equity-Rich
Guest Opinion: How to Improve Housing Affordability and Drive New Supply
James H. Schloemer, chairman of the National Multifamily Housing Council, offers his insight on addressing the challenges facing the housing supply. Continue Reading Guest Opinion: How to Improve Housing Affordability and Drive New Supply
Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’
Trump warned Biden’s rent cap proposal would “end up in a Depression like in 1929.” Continue Reading Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’
June’s Pending Home Sales Up From May
All four regions posted monthly gains in transactions. Continue Reading June’s Pending Home Sales Up From May
Luxury Home Growth Outpaces Typical Home Appreciation
The typical luxury home is currently worth about $1.62 million. Continue Reading Luxury Home Growth Outpaces Typical Home Appreciation
Mortgage Application Activity Slows Down
Among the federal programs, the FHA share of total applications increased to 14.2% from 13.4% the week prior. Continue Reading Mortgage Application Activity Slows Down
NAR Publishes New Resources for Post-Settlement Home Sale Transactions
Included are fact sheets on how what homebuyers and home sellers should expect after the settlement goes into effect. Continue Reading NAR Publishes New Resources for Post-Settlement Home Sale Transactions
NYC Mayor Decries ‘Jim Crowism’ Opposition to Affordable Housing
“This is not the Deep South of 1950,” said Mayor Eric Adams. Continue Reading NYC Mayor Decries ‘Jim Crowism’ Opposition to Affordable Housing














