Mortgage rates fell to an all-time low on Thursday, according to the daily average tracked by Optimal Blue. The direction of interest rates this week will have a lot to do with what Federal Reserve Chairman Jerome Powell says at the end of the central bank’s …
View MoreMortgage rates have hit five new all-time lows in less than three months.
But don’t expect the winning streak to continue.
Our prediction: Mortgage rates will bottom out in August, then rise in anticipation of the 2020 U.S. election.
Want …
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In the big brand vs. boutique brokerage decision, most agents assume one of the main trade-offs is going to be between a relatively impressive suite of tools and support at the major companies versus a scaled-down but more nimble approach to technology at the smaller …
View MoreKeep up with current mortgage rates at HousingWire’s Mortgage Rates Center. Rates are updated daily and include data from Freddie Mac and Optimal Blue.
Optimal Blue data is based on actual rate lock transactions and therefore includes borrowers …
That's a 9-point climb in Fannie Mae’s HPSI measurement
Fannie Mae’s Home Purchase Sentiment Index, a composite index designed to track consumers’ housing-related attitudes, intentions and perceptions, increased nine points in June to 76.5. Although the …
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More gloomy talk from Federal Reserve Chairman Jerome Powell has been greeted by another historic drop in mortgage rates, which have returned to an all-time low under 3% in a daily survey.
In two days of testimony to Congress this week — including an appearance on …
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A year-over-year comparison of new contracts is an encouraging sign for the Chicagoland real estate market. After bottoming out in mid-April, contract activity in the entire Chicagoland region is on the upswing based on @properties data. In fact, by Memorial Day, sales activity was exceeding …
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Demand for houses continues to skyrocket, according to a report from Redfin CEO Glenn Kelman. Seasonally adjusted demand for houses during the week of June 1 through June 7 was 25% above pre-pandemic levels.
Kelman said that bidding wars have caused listings to move quickly, and sales …
View MoreToday had some promising data for the housing market
With a renewed focus on the value of home and a desire for more space, buyers are eyeing this summer’s real estate market with great interest. But, amid the changes brought on by COVID-19, many homebuyers also have questions about how to move …
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