Mortgage Demand Drops: Purchase and Refinance Applications Decline Mortgage demand declines as home purchase applications fall by 13% and refinancing applications drop by 36% in the final week of 2024. Stay informed on market trends.
Housing Contracts Surge in November Despite High Rates November sees a rise in housing contract signings, reaching the highest level since early 2023 despite high interest rates. Discover the housing market trends.
High Mortgage Rates Challenge Housing Affordability Explore how rising mortgage rates are affecting the housing market and creating lasting affordability challenges for potential homebuyers.
U.S. Mortgage Rates Climb to 6.91%, Highest Since July U.S. mortgage rates have surged to 6.91%, marking the highest level since July, according to Freddie Mac. Stay updated on how this affects the housing market.
US Mortgage Rates Hit 6.97%, Highest Since July US mortgage rates surge to 6.97%, the highest since July, reshaping housing market trends. Explore the impact on homebuyers and real estate dynamics.
November Sees 1.3% Dip in Multi-Family Housing Spending Multi-family housing unit spending decreased by 1.3% in November, highlighting a shift in real estate investment trends. Discover the impact on housing markets.
Private Construction Projects Increase by 0.1% in November Private construction sees a 0.1% rise in November, driven by a 0.3% increase in single-family home outlays. Explore the latest trends in construction expenditure.
Contract Signings for Pre-Owned Homes Rise Despite High Mortgage Rates Discover why contract signings for previously owned homes rose in November, even as mortgage rates climbed, according to the National Association of Realtors.
Mortgage Applications Dip as Refinancing Plummets The Mortgage Bankers Association reports a 7% decline in home-purchase applications and a significant 23% drop in refinancing activity. Learn more about the housing market trends.
House Prices Rise for Fourth Consecutive Month House prices increased by 0.7% in the last month, marking the fourth consecutive month of growth. Discover more about the housing market trends.