Consumer home buying interest highest since May
Redfin's seasonally-adjusted demand measure was still down by 24% on a year-over-year basis, but it's outpacing dwindling supply, which is slowing sales.
Source: nationalmortgagenews.com
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Home listing trends point to slow start to spring buying season
The pace of supply coming to market continued its late 2022 slowdown in the first two months of the new year, but greater opportunities may lie in sales of newly constructed properties.
Source: nationalmortgagenews.com
'Just A Freakish Bit Of Data': Sticker Shock Imperils Spring Home Demand
Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms.
Source: inman.com
Mortgage rates hit highest average since November
The increase reflects the rise in the 10-year Treasury yield, which is back above 4% for the first time since that month.
Source: nationalmortgagenews.com
Mortgage rates keep rising but buyers can still find value in shopping: Freddie Mac
The average rate for a 30-year fixed-rate mortgage rose to 6.50% for the week ending Feb. 23, according to Freddie Mac's Primary Mortgage Market Survey.
Source: fox7austin.com