Housing Market News
Housing Market Update: Mortgage Rates and Housing Payments Drop to Lowest Level Since Spring
This week has brought a few pieces of good news to the housing market: Mortgage rates are dropping, new listings are rising and mortgage-purchase applications
Housing Market Update: Buyers Get Early Holiday Gift as Rates Come Down and New Listings Rise
Prices are falling from a year ago in four Texas metros–Austin, San Antonio, Houston and Fort Worth–and in Portland, OR. Redfin predicts price declines will
Housing Market Update: Monthly Mortgage Payments Fall; New Listings Post Biggest Annual Uptick in Over 2 Years
The median monthly mortgage payment has declined more than $150 from its peak to its lowest level since August. Another piece of good news for
Housing Market Update: Buyers Have a Few Things to Be Thankful For This Week, With Listings Rising and Mortgage Rates Falling
New listings posted their biggest year-over-year increase since 2021 during the four weeks ending November 19. The median monthly mortgage payment has fallen more than
Housing Market Update: Mortgage Applications Tick Up As Rates Drop From Peak, New Listings Rise
It’s a chicken-or-egg situation for homebuyers and sellers. Demand is rising partly due to an uptick in new listings, and listings are increasing partly because
Housing Market Update: It’s the Best Time to Buy Since Mid-September, As Mortgage Rates Fall and Sellers Drop Prices
Mortgage-purchase applications are up 3% week over week as homebuyers act on a few pieces of buyer-friendly news: Mortgage rates have dropped from 8% to