Tag: Mortgage Rates

Measuring the Severity of the National Housing Shortage

There is a severe housing shortage as a result of record-high home prices and rents in addition to record-low for-sale inventories and vacancies, according to a new analysis from the… Read more »

Office Space to Living Space: Conversions to Skyrocket in Major U.S. Cities

According to a new RentCafe report, over the past four years, there has been extraordinary growth in the conversion of office buildings into living spaces, with an estimated 12,100 apartments… Read more »

New Home Purchase Apps Rebound in August

In August 2022, the Mortgage Bankers Association (MBA) reported that mortgage applications for new home purchases decreased 10.1% compared to August 2021. Data recorded in the MBA’s Builder Application Survey… Read more »

Generation Gap: How Americans’ Preferred Housing Styles Vary by Age

As homebuyers continue their house hunt, finding a home that’s perfect is not just about the right timing and price —it’s also about finding the right style. HomeAdvisor conducted recent… Read more »

Study Finds Americans Possess Minimal Knowledge of Housing Matters

New data shows Americans are as baffled by how real estate works as they are about cryptocurrency. According to a new Zillow survey, the study finds most Americans know more… Read more »

Mortgage Rates Keep Below the 3% Mark

Mortgage rates rose slightly this week, but still remain below the 3% mark, as Freddie Mac’s Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) at 2.99%, up… Read more »