Main Content

Current Market Data

Current Market Data

Instant Reaction: Jobs, September 6, 2024

Instant Reaction: Jobs, September 6, 2024

The softening job figures suggest that the Federal Reserve will cut interest rates in mid-September.
By: 
Lawrence Yun

HMDA and Housing Demand

HMDA and Housing Demand

Nationwide, the number of home-purchase loan applications has declined from 7.9 million to 6.5 million.

Instant Reaction: Mortgage Rates, September 5, 2024

Instant Reaction: Mortgage Rates, September 5, 2024

The average 30-year fixed mortgage rate from Freddie Mac remained unchanged at 6.35% this week from last week.

Instant Reaction: Mortgage Rates, August 29, 2024

Instant Reaction: Mortgage Rates, August 29, 2024

The average 30-year fixed mortgage rate from Freddie Mac dropped to 6.35% this week from 6.46% last week.

Trends in Housing Affordability: Who Can Currently Afford to Buy a Home?

Who Can Currently Afford to Buy a Home?

With mortgage rates recently falling below 6.5%, there has been an improvement in housing affordability.

What Is "Demure and Mindful" to Real Estate? Let's Look at First-time Buyers

What Is "Demure and Mindful" to Real Estate?

First-time buyers have to be "demure and mindful" in many ways: finances, prior living situation, buyer offers, and working with a real...

Instant Reaction: Mortgage Rates, August 15, 2024

Instant Reaction: Mortgage Rates, August 15, 2024

The 30-year fixed mortgage rate from Freddie Mac remained essentially flat at 6.49% this week compared to 6.47% last week.

Fresh Faces, New Perspectives: Diversity Among New REALTORS® in 2024

Diversity Among New REALTORS® in 2024

A notable highlight of the findings in the 2024 NAR Member Profile is that new NAR members are more diverse than their experienced counterparts.

Instant Reaction: CPI, August 14, 2024

Instant Reaction: CPI, August 14, 2024

Inflation is calmer, thereby setting the Fed Reserve up to start the rate-cutting process in September.
By: 
Lawrence Yun