Market News May 29

Market News May 29

Today's Market News:Home Affordability Improved in April...But Rates Are RisingDuring April, potential home buyers saw affordability improve slightly, due to declining mortgage rates and rising incomes. A household earning the average U.S. income would need to spend...
Market News May 22

Market News May 22

Today's Market News:Pending Home Sales Rise in Three Out Of Four RegionsPending home sales in April increased by 1.4% month-over-month and rose 3.2% annually, according to the National Association of REALTORS® Pending Home Sales report.The Northeast region saw a 6.6%...
Market News May 15

Market News May 15

Today's Market News:Pending Home Sales Hit Four-Year HighMore homebuyer activity was seen recently, encouraged by a temporary dip in mortgage interest rates. Rates fell to 6.23% last week from a six-month high of 6.46% two weeks earlier, before returning concerns...
Market News May 8

Market News May 8

Today's Market News:Areas Where Buyers Continue to Gain the Upper HandA new Bankrate analysis — the Buyer Opportunity Index — suggests the balance of power in housing is quietly shifting back toward buyers, but unevenly.This Index ranks the 100 largest U.S. metro...