Market Updates
Today's Market News:Loan Applications Respond to Rate ClimateMortgage rates continued to edge lower this week, hitting a four-week low on Tuesday, April 14th. This helped mortgage application volume rise by 1.8% last week when compared to the previous week, according...
Market Updates
Today's Market News:Neighborhoods Without Neighbors: Homeowners Seek ConnectionsA recent survey of mortgage loan borrowers found that although many want to buy a home because they're seeking connections with neighbors, these connections are often difficult to...
Market Updates
Today's Market News:Fannie Mae Announces New Condo PoliciesFannie Mae recently released a Lender Letter with changes to their condo policies — some positive, some maybe not.The March 18th Lender Letter expands waiver eligibility for certain small projects, retires...
Market Updates
Today's Market News:Buyer's Market Strengthens in Sunny MetrosLast month, the real estate market became more of a buyer's market than it has for over 12 years. There were an estimated 629,808 more home sellers than buyers during February 2026. This adds up to a 29.8%...
Market Updates
Today's Market News:Unlucky Buyers See Interest Rates SurgeMortgage rates surged on Friday, March 13th, as bond markets reacted to the Iran conflict. The average rate on the 30-year fixed loan hit 6.41%, which is the highest rate since the first week of September...
Market Updates
Today's Market News:Sellers Relist at a Record-Breaking Pace...Earlier this year, seller relistings hit the highest January figure in ten years. New Redfin data for 2026 reflected an increase of 7.9% during January (year-over-year). Sellers are feeling optimistic, as...
Market Updates
Today's Market News:Interest Rates Jump in Response to Iran ConflictAfter falling below 6%, mortgage rates reversed course and hit their highest point in two weeks. These rates tend to follow the yield on the U.S. 10-year Treasury, which climbed back above 4%...
Market Updates
Today's Market News:Buying Power Continues to RiseA recent Zillow analysis found that a median-income household can now afford a home priced at $331,483. This adds up to a $30,302 increase in buying power since last year, and the highest affordable price since March...
Market Updates
Today's Market News:Why Retired Sellers Risk Getting Less for Their HomesNew research has found that homeowners who sell after they reach retirement age often end up with less profit than younger homeowners.Compared to sellers in their 40s and 50s, an 80-year-old...
Market Updates
Today's Market News:Housing Reform Advances to the HouseH.R. 6644, also known as the Housing for the 21st Century Act, is a bipartisan bill introduced in late 2025. It's designed to help prospective home buyers by streamlining HUD programs, modernizing regulations,...
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