Housing Market News
Lower Mortgage Rates Trim Hundreds Off Monthly Payments, Yet Homebuyers Are Still Cautious
Pending home sales are up 1% from a year ago, and new listings are stagnant. Redfin agents say some house hunters are staying on the
Cheaper Mortgage Payments Bring a Trickle, Not a Surge, of Homebuying Demand
The weekly average mortgage rate has ticked down to its lowest level in over 10 months. But home-sale prices are still rising, and pending home
Pending Home Sales Rise 2% As Mortgage Rates Sit At Lowest Level in 10 Months
Declining mortgage rates have pushed monthly payments down to their lowest level since the start of the year, leading to a modest improvement in demand.
Mortgage Rates Drop to 10-Month Low, Pushing Down Monthly Housing Payments
Monthly payments are falling primarily because mortgage rates have dipped to a 10-month low. But home sales are still lackluster, declining slightly from a year
Typical Homebuyer’s Monthly Payment Down More than $200 From May Peak, With September’s Anticipated Interest Rate Cut Already Priced Into Mortgage Rates
The median monthly mortgage payment fell to a seven-month low of $2,631 during the four weeks ending August 10, down more than $200 from its
Buyers, Take Note: Mortgage Rates Are Falling, Home-Price Growth Is Cooling and Supply Is Outpacing Demand
Redfin economists say serious homebuyers have a window of opportunity to lock in a mortgage rate, as rates could fluctuate as more economic data is