Mortgage Rates Move Lower as Investors Shift Out of Risky Assets
Markets have been very volatile due to the Russian invasion of Ukraine and investors are shifting out of risky assets – depressed rates, despite concerns over rising prices for goods and services and fast-increasing energy costs that have pushed U.S. gas prices higher.
Conforming Loan Limits Jump by Record Amount To Keep up with Rapid Home Price Appreciation
The conforming loan limit rose to $647,200 in most counties for 2022, up 18% (almost $100,000) from 2021.
Mortgage Rates Slightly Up While Market Responds to Ukraine Developments
Mortgage rates slightly up as Russian invasion of Ukraine stems significant increase
Demand in Vacation Areas Unrelenting amid Pandemic-Driven Work Flexibility
Search traffic on Zillow and home price appreciation in vacation areas are both largely outpacing the U.S. overall.
In the 38 largest iBuyer markets, homeowners sold 21,523 homes in Q4 using one of the three largest iBuying services including Zillow.
January New Home Sales: Standing Firm
The only-modest setback in new home sales reinforced the fact that both home shoppers and home builders continue to stand firm amid a slew of challenges.
Mortgage Rates Flat As Strong Economic Data Offset by Ukraine Uncertainty
Mortgage rates were fairly flat last week. There were no signs of changes in labor markets, as employment figures remain strong.
December Case-Shiller Results & Forecast: Reaccelerating
After cooling from record highs reached in the Fall, home price appreciation began to reaccelerate to end the year.
A 1-2 Punch: Why Monthly Mortgage Payments are Rising at their Fastest Pace in Decades
The monthly mortgage payment on the typical U.S. home rose 31% in the last year – the largest one-year climb in at least 22 years.
Across Seattle and Spokane Metros, Most Residents Support Allowing More Homes, Neighbors
A majority of residents surveyed in Washington’s largest metro and suburban areas are concerned about rising housing costs and support allowing duplexes, triplexes and accessory dwelling units in residential neighborhoods to provide more affordable options
