How Affordable Is Today's Housing Market?
42 percent of all the homes sold between July and September were considered affordable, according to a new analysis from the National Association of Home Builders.
More Than 90% Of Homeowners Have Equity
It's a good time to be a homeowner. In fact, newly released data shows 94.3 percent of homeowners have built up some equity in their homes – nearly half are equity rich.
What's Ahead For Home Prices?
Fannie Mae's chief economist, Doug Duncan, says home price growth is decelerating and he expects the trend to continue in the coming months.
Slower Traffic Offers Benefit To Buyers
The typical home for sale has between four and nine showings, according to a new analysis.
Early Fall May Be The Best Time To Buy
According to one new analysis, early fall is the best time to buy a house based on competition, inventory, prices, and purchase pace.
Home Prices Continue To Increase
Recent data shows that while home prices are up significantly this year, they're expected to continue to decelerate through the end of 2022.
Home Buyers Regain Some Negotiating Power
According to a new survey, buyers are beginning to regain negotiating power, as sellers are more willing to accept terms on everything from financing to repairs.
Nearly Half of All Homes are Equity Rich
Homeowners continue to see equity gains, with nearly half of all mortgaged homes now considered equity rich.
How Your Credit Score Can Save You Money
Do you know your credit score? If you're planning on buying a home soon, it's a good time to check. One new analysis says a better score can save you hundreds of dollars a month on your mortgage.
Mortgage Rates See Biggest Decline Since 2020
Average mortgage rates fell across all loan categories last week. The drop was the biggest since 2020.
Home Sales Fall But Market Remains Hot
Home sales slowed in June but the market remained hot, with the typical property on the market just 14 days.
Are You Willing To Take On A Project?
Nearly 75 percent of Americans say they're comfortable overseeing a home renovation. How comfortable are you taking on a project?
Mortgage Rates, Average Loan Size Both Fall
New numbers show mortgage rates for 30-year fixed-rate loans with both conforming and jumbo balances fell last week, while rates for FHA and 15-year loans were mostly flat.
Home Buyer Affordability Stable In May
Buyers got a break in May, according to new numbers from the Mortgage Bankers Association.
How Much Should You Budget For Utilities?
Have you considered how much utilities will cost in your new home?
Mortgage Credit Availability Tightens In May
Most of the tightening occurred for government & jumbo loans