Mortgage Rates Continue Rise, Up Half a Percent This Year
Mortgage rates continued to rise last week, and are up more than half a percent so far this year.
News
Millennial Demand is Driving up Prices in Family-Friendly Neighborhoods
Home values are growing fastest in areas with the highest share of children, a trend expected to continue as millennials age, buy homes and start families.
Mortgage Rates Increase as Fed Expected to Address Inflation
Rates spiked in the middle of last week after the Federal Reserve communicated a willingness to take aggressive measures to address inflation.
Mortgage Rates Down, Markets Wait on FOMC Meeting
Last week was light on economic data and markets awaited the Federal Reserve Federal Open Market Committee (FOMC) meeting results today.
December New Home Sales: Overcoming Obstacles
New home sales rose in each of the final two months of 2021, a hopeful sign that builders are starting to overcome supply chain disruptions.
No Shot in the Arm: Why COVID Vaccination Rates Have Little Impact on Local Housing Dynamics
With the widespread rollout of COVID-19 vaccines beginning in early 2021, local vaccination rates were found to have little impact on housing market performance or long-term, strategic housing decisions – but did lengthen transaction times in less-vaccinated areas.
December Existing Home Sales: Starved for Choice
Existing home sales fell back to earth in December, proving it's very hard for sales to meaningfully grow when there's simply nothing available to buy.
Mortgage Rates Increase to Highest Level Since March 2020
Mortgage rates continued to increase last week, reaching their highest levels since March of 2020.
Zillow December 2021-December 2022 Home Value & Sale Forecast
Existing home sales are expected to continue growing through 2022, while annual home value growth is likely to peak and plateau in the early months of 2022.
Mortgage Rates Rise on Signs of Hawkish Fed Reaction to Inflation
Mortgage rates increased significantly, with markets reacting to signs the Federal Reserve will take a more hawkish approach to inflation.
