Mortgage demand drops for the first time in 5 weeks, after interest rates rise

Mortgage demand drops for the first time in 5 weeks, after interest rates rise

Jeff Greenberg | Universal Images Group | Getty Images Mortgage rates moved markedly higher last week, causing overall mortgage demand to drop. Total application volume fell 0.7% compared with the previous week,... Read more »
Spanish Colonial Estate Tops Week’s LA Homes Under Contract

Spanish Colonial Estate Tops Week’s LA Homes Under Contract

Measure ULA tax or not, Los Angeles agents are moving forward in the luxury residential market.   That’s reflected in the latest Eklund Weekly Luxury Report LA, which tallies signed contracts of Los... Read more »
How this week’s Fed meeting could impact inventory

How this week’s Fed meeting could impact inventory

As we started 2024, the signals in the U.S. real estate market were for inventory growth, sales growth and home-price growth across the U.S. At the time, I observed that even if... Read more »
Mortgage applications surge to highest level in six weeks: MBA

Mortgage applications surge to highest level in six weeks: MBA

Mortgage applications rose to their highest level in six weeks after the 30-year fixed mortgage rate fell to 7.44% last week. Total home loan applications increased 3% for the week ending Nov.... Read more »