For the eighth week in a row, there has been overall stability for the 30-year fixed mortgage interest rate.
New home buyers value agents' help in understanding the buying process, improving the search areas, helping with negotiation, and shortening the home search time.
U.S. population trends are returning to pre-pandemic levels because of decreased deaths and increased migration, resulting in the largest gains since 2018.
Mortgage interest rates ticked down slightly this week to 6.63% from 6.69% the previous week, down considerably from October 2023.
After dropping for two consecutive years, the share of young adults living at home is back on the rise; this might make it easier for them to save for a down payment on a home.
Data from the 2023 Profile of Home Buyers and Sellers shows the makeup of households and how relationships play a role in shaping homebuying decisions.
As anticipated, the Federal Reserve did not alter its short-term interest rate today, keeping it at 5.375%.
Single women home buyers are surpassing all odds in the housing market and purchasing homes with lower household incomes in an increasingly unaffordable housing market.
The monthly mortgage payment decreased by 2.7% compared to the prior month, while the median price of single-family homes declined by 1.0%.
Home buyers are responding to the lowering of mortgage interest rates with increases in foot traffic and mortgage applications.
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