Blog

Here are 3 reasons why Much of the commentary surrounding the Federal Reserve's decision Wednesday to raise the Fed Funds rate by 25 basis points has been about how this is likely to increase mortgage rates, have a negative effect on home affordability, and...

The Federal Reserve raised its benchmark interest rate Wednesday, launching into what investors expect to be a more rapid series of increases that will help ward off the threat of inflation but also raise costs for indebted American households. Fed officials voted...

You got the pre-approval, found a home, and had your offer accepted. Congratulations! All you need to do now is sit back and wait for closing, right? Well, not exactly. As Lenny Kravitz once crooned, "It ain't over till it's over". Sure, the odds are reasonably good...

Down Payment Resource reports that in January, 65 percent of first-time home buyers only put down a zero to six percent down payment, a decrease from 66 percent in December. Among all buyers whose transactions closed in January, 62 percent of those who obtained a...

There’s a mismatch in the housing market. Demand is rising, yet homebuilders don’t have the capacity to create the supply the way they did in the boom years. They haven’t banked as much land, they haven’t filed the permits and they’ve become increasingly short of...

Home Prices: Not As High As You Think Home values are rising, and have now surpassed their pre-recession peak. Unfortunately, that's scaring some homebuyers away. If home prices are that high, the logic goes, they're either overpriced or we're headed for another...

As interest rates surged last week and home prices continue to balloon at a breakneck pace, borrowers are wasting no time applying for home loans — they are hoping to get in before affordability gets even worse. Homebuyers are also increasingly choosing...

Both buyers and sellers alike are feeling very good about the housing market this spring, even as home values hit new highs and mortgage rates move up. A monthly sentiment index from Fannie Mae rose to the highest level since 2011, when the survey began, thanks to a...

Housing data in January gave mixed signals on the direction for the year. Closing activity for existing home sales shot up to a decade-high of 5.69 million units at an annualized pace, but pending contracts fell to their lowest level in 12 months. For the whole of...