Housing Market News
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
Typical Homebuyer’s Monthly Payment Down More than $200 From May Peak, With September’s Anticipated Interest Rate Cut Already Priced Into Mortgage Rates
The median monthly mortgage payment fell to a seven-month low of $2,631 during the four weeks ending August 10, down more than $200 from its
Buyers, Take Note: Mortgage Rates Are Falling, Home-Price Growth Is Cooling and Supply Is Outpacing Demand
Redfin economists say serious homebuyers have a window of opportunity to lock in a mortgage rate, as rates could fluctuate as more economic data is
Home Prices Drop in 14 Major U.S. Metros, Including Parts of Florida and Texas, As Buyers Gain Upper Hand
Prices are declining in certain places as the supply of homes for sale outpaces demand, with high costs and economic uncertainty sidelining would-be buyers. The
U.S. Asking Prices Post Smallest Increase in Nearly 2 Years As Home Sellers Adjust to Buyer’s Market
Slowing price growth is good news for homebuyers. So are shrinking housing payments, with the median U.S. mortgage payment falling to its lowest level in