Bright MLS: Housing market shifts toward necessity, balance
The survey found that nearly 75% of agents had buyers pause their home search — an increase from less than two-thirds in Q2 2024.
Mortgage Rates
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Mortgage spreads are almost back to normal
In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.
Single-family construction is getting worse due to rates
Thanks to Fed policy, data on single-family construction is not improving; in fact, it is getting worse.
The battle over rates: Trump vs. Fed Chair Jerome Powell
Lead Analyst Logan Mohtashami has been tracking the battle over rates between Trump and Fed Chairman Jerome Powell since the election.
Housing inventory actually fell last week. What is going on?
The Housing Market Tracker shows housing inventory decreased last week, while purchase application data grew 25% year-over-year.
‘Dating the rate’ misled borrowers. Now they’re financially strained
An out-of-date mantra that once lured in prospective homebuyers is being criticized by mortgage originators who say clients were “misled.”
Why mortgage purchase apps are on a 22-week growth streak
Purchase apps for existing homes have had 22 weeks of year-over-year growth, including nine weeks of double-digit year-over-year growth.
Have slightly lower mortgage rates stabilized the housing market?
With all the Fed drama last week, the 10-year yield declined and mortgage rates fell to 6.72%. This small move helped stabilize the market.
Stable mortgage rate environment reshapes how LOs engage with borrowers
In a rare period of rate stability, lenders say that borrower mindsets — not numbers — may unlock market momentum.
The mortgage market hopes for rate cuts amid war moves
Amid rising tensions with Iran and a potential Fed rate cut on the horizon, experts share how these events could shape the mortgage market