Tag Archives: Economic Growth

According to a new LendingTree study, rates began to trend in the right direction after peaking in October, with the average rate for 30-year fixed mortgages falling to below 7.00% by December, ending the year more than a percentage point lower than their 2023 peak. But will economic conditions continue to ease in 2024?

According to a new market report from Redfin, in November, pending sales climbed to their highest level since 2022, while new listings rose, representing the first sign of growth in a year and a half.

According to a new report from Fannie Mae, a deceleration in home prices is likely in 2024, with economic growth projected to slow.

Freddie Mac reports that mortgage rates slid this week after two consecutive weeks of gains, amid both the failure of yet another bank and another rate hike from the Federal Reserve.

Despite mortgage rates pulling back over the past month, numbers are down 59 basis points from the recent peak of 5.22% according to the latest Fannie Mae survey, they continue to anticipate a slowdown in home sales activity.

Since mortgage rates fell from their June highs, Redfin reports online real estate searches and home tours have ticked up and/or stabilized.

As rising inflation and mortgage rates bring U.S. housing demand back from the chaos of 2021, Realtor.com's updated 2022 forecast predicts inventory will grow double-digits over 2021, offering ...

Analyzing nearly 4,500 financial institutions, the Federal Financial Institutions Examination Council (FFIEC) found that racial divides remain among the 22.7 million apps recorded in the marketplace in 2020.

How will record-low unemployment and increased spending impact the housing market moving forward?

The Commerce Department has a report out that shows economic growth in the third quarter. Times seem good, but when is the housing market going to feel some of the love?