Mortgage Rates Decrease For Second Week
Mortgage rates declined for the second week in a row, resulting in an uptick in both refinance and purchase applications.
Market Trends
August 2021 Case-Shiller Results & Forecast: Beginning to Ease Off the Gas
House price growth through August sustained July’s unprecedented velocity, but autumn’s reports indicate that the market is easing off the gas pedal.
September New Home Sales: Stretching to Satisfy Demand
New home sales in September surged 14% above the previous month’s pace, the biggest monthly increase since July 2020.
Mortgage Rates Rise on Strong Retail Spending, High Inflation Reading
Mortgage rates rose gradually this week on the back of stronger-than-expected retail sales data and inflation.
September Housing Starts: Supply Disruptions Finally Catch Up
Ongoing disruptions in the supply of building materials and the tight market for contractors finally caught up with U.S. home builders in September.
Housing Market Continues to Creep Toward More Balance (September 2021 Market Report)
The Zillow Home Value Index (ZHVI) rose 1.6% from August to September and 18.4% year-over-year, a new record-high pace of annual appreciation, to $308,220.
Zillow September 2021-September 2022 Home Value & Sale Forecast
Home sales activity is expected to get stronger while home value growth is likely to slow somewhat in the short-term before strengthening through Q3 2022.
Mortgage Rates Rise as Fed Points Toward Tapering
Mortgage rates fell and then rose this week, ending the last seven days where they began.
Mortgage Rates Right Back Where They Started
Mortgage rates fell and then rose this week, ending the last seven days where they began.
