Real Estate News Feed
Loan Forbearance Tick Up
Tue, 23 Jul 2024 14:21:59 GMT
Total loans in forbearance increased by 2 basis points in June 2024 relative to May 2024: from 0.21% to 0.23%.
Rate Cuts: Crystal Ball
Tue, 23 Jul 2024 14:21:20 GMT
The Federal Reserve will cut interest rates just twice this year, in September and December, as resilient U.S. consumer demand warrants a cautious approach despite easing inflation, according to a growing majority of economists in a Reuters poll.
Listings Bounce Back
Mon, 22 Jul 2024 14:42:47 GMT
As of July 19th, the inventory of homes available for sale nationwide grew to 668 thousand up from 651 thousand last week. Inventory is now up 39.1% compared to the same week in 2023.
What Caused The Global Cyber Outage?
Fri, 19 Jul 2024 14:09:55 GMT
A global tech failure disrupted operations across multiple industries on Friday, halting flights and upending everything from banking to healthcare systems.
Mortgage Rates Continue to Fall
Thu, 18 Jul 2024 16:22:42 GMT
Freddie Mac reports the 30-year FRM averaged 6.77 percent as of July 18, 2024, down from last week when it averaged 6.89 percent. A year ago at this time, the 30-year FRM averaged 6.78 percent.
Homebuyers Get Some Relief
Thu, 18 Jul 2024 16:21:33 GMT
Typical Monthly Housing Payment Drops to $115 Below Record High As Mortgage Rates Decline. But House Hunters Are Still Waiting on the Sidelines.