Mortgage Rates Rise in Reaction to Fed Comments
Mortgage rates moved up last week, reaching their highest levels in more than ten years.
February 2022 Case-Shiller Results & Forecast: Prices Accelerate Again
With home values quickly appreciating, interest rates now at their highest levels in over 10 years, and record low for-sale inventory this spring, these are not the most favorable conditions for prospective buyers, to say the least.
March New Home Sales: Losing Some Steam
Despite rising interest rates and roadblocks for new construction, builders are continuing to sell homes at a rate higher than those seen in the decade prior to the pandemic.
Mortgage Rates Reach Highest Level in More Than Ten Years
Mortgage rates moved up last week, reaching their highest levels in more than ten years.
March Existing Home Sales: Dual Headwinds
With one of the lowest months of inventory on record and worsening affordability, this spring shopping season has been unfavorable for many prospective buyers.
Zillow Home Value and Sales Forecast: April 2022
Zillow expects annual home value growth to begin a gradual cooldown late this spring. ZIllow forecasts 14.9% growth over the next 12 months.
Inventory rose substantially in March, a welcome return to seasonal norms for the housing market.
March Housing Starts: Builders Press On
With supply chain issues and high input costs persisting, builders beat expectations and the pace of starts from a month earlier.
Mortgage Rates Exceed 5% For First Time Since 2018
Mortgage rates increased last week, with the average 30-year fixed rate exceeding 5% for the first time since late 2018.
