Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here’s what’s actually going on, why it matters for the housing market, and what it means if you’re thinking about buying or selling. Inflation Went Up – Here’s What That Actually Means The government tracks inflation in […]
What Rising Inflation Means for Your Move Read More »
Current homeowners looking to sell during May posted at prices 2.4% lower than one-year prior, the steepest decline since 2017, according to Realtor.com Processing Content This came as pending sales increased for a sixth straight month. It was also the best May for new listings since 2022, with a 2.1% annual increase. Sellers are doing
Home list prices fall at fastest rate since 2017 Read More »
Of the 50 U.S. counties with the risk for distressed properties, 31 are concentrated in four states, led by Florida, an Attom Data Solutions analysis found. Processing Content Florida is the home of 12 of those counties, with the No. 1 most at risk locale in the nation being Charlotte County. California was next with
31 of 50 riskiest housing markets cluster in 4 states Read More »
If the housing market feels confusing right now, you’re not alone. Mortgage rates have risen. Home sales haven’t picked up like expected. And many buyers and sellers are wondering when things are going to feel easier or be more affordable. The truth is: a lot changed over the first half of this year. Back at
The Mid-Year Housing Market Update: Why Forecasts Changed in 2026 Read More »
The 2-basis-point rise in the 30-year fixed rate mortgage, even with the huge decline in Treasury yields, is a reaction to inflation and growing doubts that short-term rate cuts are on the horizon. Processing Content The 30-year FRM was at 6.53% on May 28, the Freddie Mac Primary Mortgage Market Survey found. This compared with
Mortgage rates rise again as bond market reacts to inflation Read More »
Key insight: Another key policymaker has made the case that inflation has emerged as the central bank’s primary concern as the war in Iran continues to drive up prices. Expert quote: “After five years of above-target inflation, I am particularly attuned to the risk that elevated inflation will become embedded in price- and wage-setting behavior.
Fed’s Cook ‘prepared to raise rates’ if inflation persists Read More »
Let’s be real with each other for a second about affordability. Because you deserve someone who will be honest and transparent about what’s going on, especially if you’ve got a move on your mind. Here’s the full picture of what’s happening and why. The good – and the bad. So, you know what it truly
The Truth About Affordability Today Read More »
Mortgage rates enter the Memorial Day weekend at levels not seen since last Labor Day with the bond market in a tizzy this past week. Processing Content News over inflation and the Iran conflict influenced investors and as a result, the 10-year Treasury reached its highest point in 52 weeks. For the week of May
Mortgage rates surge to 9-month high amid market turmoil Read More »
Without the presidential order mandating the government-sponsored enterprises purchase securitized loans, it is possible mortgage rates could even be higher. Processing Content The economists at Bank of America Securities are still expecting the next move out of the Federal Reserve to be a reduction in short-term rates, but they have delayed the timing. This is
Without GSEs’ bond buying, mortgage rates may be even higher Read More »
Current interest rate levels are unlikely to budge until 2028 at the earliest, remaining within the same 10 basis point range for the next 18 months, according to a newly revised outlook from Fannie Mae. Processing Content The government-sponsored enterprise projects the 30-year fixed rate to average 6.3% in each of this year’s remaining quarters
Fannie Mae raises mortgage rate forecast through 2027 Read More »