Mortgage rates blow past industry predictions
Some mortgage rate indices topped 4% on Thursday, blowing past predictions that rates might reach those levels by the end of 2022. Economists had predicted rates would rise as the… Read more »
St Louis Real Estate
Analysis of anything real estate
Some mortgage rate indices topped 4% on Thursday, blowing past predictions that rates might reach those levels by the end of 2022. Economists had predicted rates would rise as the… Read more »
This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing… Read more »
Homeowners withdrew $63 billion in equity in the second quarter of 2021, according to the latest numbers from Black Knight, the most in a single quarter in nearly 15 years…. Read more »
The U.S. economy produced just 235,000 new jobs in August, far below economists’ expectations of 725,000 jobs. It was the slowest month of growth since January 2021. Roughly one million… Read more »
Even with the delta variant of the coronavirus spreading through the country, July’s job report was surprisingly positive. On Friday, the U.S. Labor Department announced 943,000 new jobs were added… Read more »
April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March, roughly 40%… Read more »
In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their… Read more »
This is getting to be a problem. Home prices in the U.S. soared 18% year-over-year in March 2021 to a median of $356,000, according to a report Redfin released Friday… Read more »
Today the Census Bureau reported that in February 2021, new single-family home sales were at a seasonally adjusted annual rate of 775,000. This was a big miss from estimates. Although… Read more »
A growing chorus of mortgage industry observers believe the final week of February might have been the last hurrah for sub-3% mortgage rates. And the proof is in the refi… Read more »