While the U.S. homeownership rate has hardly budged in more than a decade, the median age of American homeowners has grown considerably older as younger buyers find themselves locked out of the... Read more »
The RMMI increased to a reading of 511.99 — up from 502.47 in the prior quarter and the highest level since the index was launched in 2000. The data tracks long-term trends... Read more »
Imagine getting a lower monthly payment on your mortgage because you decide to refinance. Sounds great, right? This scenario illustrates why mortgage refinance applications are becoming increasingly popular. As homeowners look to... Read more »
A home with a “Sold” sign from a real estate company in North Patchogue, New York. Steve Pfost | Newsday | Getty Images Mortgage rates came down again last week, and with... Read more »
An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois. Scott Olson | Getty Images Spring hasn’t officially sprung yet, but... Read more »
Mortgage rates dipping below 7% in the last month triggered a significant surge in builder confidence at the onset of the new year. According to the National Association of Home Builders (NAHB)/Wells... Read more »