For Week Ending September 21, 2024 Nationally, inventory was up 35.8% year-over-year in August, according to Realtor.com’s latest Monthly Housing Market Trends Report, with active listings now at the highest level since May 2020. As the number of homes for … Continue reading
September 26, 2024 Although this week’s decline was slight, the 30-year fixed-rate mortgage trended down to its lowest level in two years. Given the downward trajectory of rates, refinance activity continues to pick up, creating opportunities for many homeowners to … Continue reading
For Week Ending September 14, 2024 Mortgage activity surged the week ending September 13, 2024, as falling interest rates boost borrower demand nationwide. The Mortgage Bankers Association reports mortgage loan application volume increased 14.2% on a seasonally adjusted basis from … Continue reading
September 19, 2024 Mortgage rates continued declining towards the six percent mark, reviving purchase and refinance demand for many consumers. While mortgage rates do not directly follow moves by the Federal Reserve, this first cut in over four years will … Continue reading
Buyer and seller activity down from last August, but lower rates on the way Pending sales fell 10.2%; new listings down 3.3% The median sales price increased 2.6% to $389,700 Market times rose 21.2% to 40 days; inventory up 11.7% … Continue reading
