Markets & Mortgage

SUMMARY: There were more housing flips in Q1 but those flipping saw their profit margins fall to the lowest level in 13 years, mortgage rates continue...

SUMMARY: Despite skyrocketing rates demand to purchase a home was up for the second week in a row and is now only down 10% from one year...

SUMMARY: Existing-home sales fall in May but not as much as expected, the median home price hits another record, and rent growth hits 14% after a year-over-year...

SUMMARY: Housing starts and building permits plummet in May but housing completions did see an uptick and mortgage rates did not have a very good week seeing...

SUMMARY: The Fed announces a 75 basis point hike to the fed funds rate and Chairman Powell talks the housing market, mortgage demand was up for the...

SUMMARY: Prashant Gopal over at Bloomberg has an interesting piece about short-term rental loans that could be a concern for vacation areas but not the overall...

SUMMARY: Rate lock volume fell in May which means volume has fallen in 3 of the last 4 months, Altos Research has more evidence housing is slowing,...

SUMMARY: Homeowners made $3.8 trillion year-over-year in the first quarter of 2022, jobless claims were higher than expected, and with all the new ideas to make a...

SUMMARY: Great detailed piece by Conor Dougherty in The New York Times highlights how NIMBYs still don't think what they are doing is wrong and a new...