News

According to ATTOM's 2023 U.S. Home Equity & Underwater Report, while the number of equity-rich homes dropped in Q3, the share of mortgaged homes in the U.S. that were considered seriously underwater did see improvements. Click through to read the latest analysis.

"The current housing market continues to challenge homebuyers and sellers alike, but we do see signs of adjustment," said Danielle Hale, Chief Economist at Realtor.com.

A drop of just three basis points in the 30-year fixed rate mortgage provided little relief to prospective buyers, as ambiguity around monetary policy will likely continue to stall improvements in the housing market through the end of the year.

The FHA has removed a valuation roadblock to increase the availability and affordability of manufactured housing as part of the Biden Administration’s Housing Supply Action Plan. Here’s how that could impact the industry.

Home building in exurbs is expected to accelerate in the coming year, according to a new study from The Plan Connection. Will it be enough to keep up with demand?

A recent study took seven factors into account to rank the best states for millennials. See if your state made the cut here.

Homeowners nationwide are staying put as a historically low supply of existing homes for sale continues to make homeownership more difficult for buyers. New Fannie Mae research examines the factors that are keeping homeowners locked in place and leaving homebuyers in the lurch.

The Federal Reserve’s Open Market Committee chose to forgo the opportunity to raise the central bank’s nominal interest rate at the conclusion of their October/November meeting, a repeat of the action the committee last took in September.

Despite the fixed-rate mortgage dipping slightly over last week, rates still linger nearly 30 basis points higher than they were a month ago. The MBA reports purchase apps have dropped to their lowest levels since 1995, and refi apps to points last found in January 2023.

The number of homeowners putting their houses up for sale has decreased as mortgage rates hit a 23-year high, according to a new Redfin report. The study showed that nearly 31% of U.S. homes for sale are newly built—but a slowdown may be on the horizon. Click through to learn why.