Housing Market News
Pending Home Sales Post First Decline in 3 Months, Even As Mortgage Rates Drop
The weekly average mortgage rate dropped for the ninth straight week, dipping to an 11-month low. But would-be buyers are hesitant because prices are high,
With Mortgage Rates Declining, Homebuyers Must Decide: Buy Now With Little Competition, Or Bet on Rates Falling More?
Pending home sales are up just 0.8% from a year ago, with many house hunters hoping rates will drop substantially more. But if that were
Lower Mortgage Rates Trim Hundreds Off Monthly Payments, Yet Homebuyers Are Still Cautious
Pending home sales are up 1% from a year ago, and new listings are stagnant. Redfin agents say some house hunters are staying on the
Cheaper Mortgage Payments Bring a Trickle, Not a Surge, of Homebuying Demand
The weekly average mortgage rate has ticked down to its lowest level in over 10 months. But home-sale prices are still rising, and pending home
Pending Home Sales Rise 2% As Mortgage Rates Sit At Lowest Level in 10 Months
Declining mortgage rates have pushed monthly payments down to their lowest level since the start of the year, leading to a modest improvement in demand.
Mortgage Rates Drop to 10-Month Low, Pushing Down Monthly Housing Payments
Monthly payments are falling primarily because mortgage rates have dipped to a 10-month low. But home sales are still lackluster, declining slightly from a year