Current Market Data

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 

Home-price growth slows as early-stage demand levels off

It’s not the only metric decelerating in today’s market. Inflation is also starting to slow which is helping bring down mortgage rates.

Market changes put buyers in the driver’s seat

From dropping home prices, increased inventory and homes staying on the market longer, today’s buyers should look at the upside to what the market means for their prospects.

Homebuyer demand stabilizes as mortgage rates dip

Homebuyer demand is starting to stabilize as October home sales posted the largest decline since 2015, according to a new report.

Denver named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

CoreLogic: September brings fifth consecutive monthly slowdown in home-price growth 

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023. 

NAR: Pending-home sales drop 10.2% in September 

September is the fourth month in a row to see declining sales activity. 

Mortgage rates top 7% for first time since 2002 

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

New-home sales resume downward trajectory in September 

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

MBA: Mortgage applications fall as 30-year fixed hits 21-year high

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers Association. 

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