Labor market report is good news for mortgage rates May. 03rd 2024
Friday's jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.
Low inventory creates challenging conditions in North Carolina’s housing market May. 03rd 2024
With homeowners reluctant to give up their low interest rates and few new construction options available, supply is running short.
Tri-state area housing shortage could cost the region economically May. 03rd 2024
The tri-state area of New York, New Jersey and Connecticut may face a housing shortage of 920,000 units by 2035.
U.S. hiring slowed in April, missing estimates May. 03rd 2024
The U.S. economy added 175,000 jobs in April, less than March and below what economists had expected. National unemployment ticked up to 3.9%.
The Texas-sized problem with housing inventory figures May. 01st 2024
National listings growth isn't necessarily a boon to all housing professionals: after all, the growth is highly concentrated in Texas and Florida.
FHFA releases fair lending final rule Apr. 30th 2024
The final rule goes into effect 60 days after publication in the Federal Register, with NAR coming out in support of the rule on Tuesday.
Mortgage rates continue to rise before the Fed’s meeting Apr. 30th 2024
This week will be eventful as the Federal Open Markets Committee meets on Wednesday and the U.S. jobs report is released Friday
Home prices post largest gain in more than a year: S&P Apr. 30th 2024
Home prices were near an all-time high in February, according to the newest S&P CoreLogic Case-Shiller index released on Tuesday.
Housing affordability dipped in March: First American Apr. 29th 2024
Housing affordability dipped in March on both a monthly and yearly basis, according to a national index produced by First American.
Home sellers are returning to the market Apr. 29th 2024
The weekly volume of new listings is higher than at any time last year. And growth is happening in most places, with Florida and Texas leading the way.