Mortgage demand falls in December to the lowest level since 1996
admin The numbers: Mortgage applications fell by 13.2% to close off the last two weeks of…
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U.S. pending home sales fall 4% in November to the lowest level since April 2020
The numbers: U.S. pending-home sales fell 4% in November, which is the sixth straight monthly…
Read MoreU.S. new home sales rose in November by 5.8%
The numbers: U.S. new home sales rose 5.8% to a seasonally-adjusted rate of 640,000 in…
Read MoreThe median income needed to buy a typical home is over $88,000 — $40,000 more than prior to the pandemic
Home price growth in big cities has slowed, but not stalled, in the third quarter,…
Read More‘The housing market will get smaller in 2023’: Redfin lays off 13% of staff
Redfin RDFN, -8.10% is laying off staff again, as the housing market continues to hurt…
Read MoreMortgage refinancing demand falls to lowest level since 2000
The numbers: Mortgage rates remain above 7%, slowing demand for refinancing and dragging overall mortgage…
Read MoreRate squeeze: Commercial-property CLO issuance tumbles 80% from peak
Issuance of a newer breed of real estate bonds designed to finance riskier commercial properties…
Read MoreCredit carnage spurs bargains on bonds tied to $16 trillion pile of U.S. household debt
Big bargains have made a roaring comeback on bonds tied to the $16.2 trillion pile…
Read More‘Incentives come in many forms’: Here are ways to lower your mortgage rate, according to this mortgage company CEO
Mortgage rates are double where they were a year ago, making home buying a much…
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New homeowners and renters are hit hard by October inflation — here’s how they’re cutting back on expenses to beat rising costs
Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more…
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