Mortgage rates dipped to 6.86% as listings rose 32% year over year. With more homes for sale and stable prices, buyers are gaining leverage in markets nationwide.
Two new NAR Consumer Guides explain how home auctions work and what to know when hiring a real estate attorney.
Most homeowners want to use their outdoor spaces more. Smart upgrades, including durable furniture, lighting and fabrics, can boost comfort, use and value.
Modular, 3D-printed and prefab homes are growing in popularity as rebuilding options after disasters despite image and transportation hurdles.
Before you start house hunting, use tools and formulas to estimate how much house you can afford.
Rates on 30-year mortgages fell to 6.81% from 6.84% last week, while 15-year mortgage rates eased to 5.96% from 5.97%, mortgage buyer Freddie Mac said.
New home purchase mortgage applications fell 4.5% year-over-year in May, with estimated sales down 12.1% from April, the MBA said.
Federal Reserve officials expect inflation to rise but still anticipate two interest rate cuts by the year’s end. Interest rates impact mortgage rates.
Simple furniture swaps, like a new chair, bench or coffee table, can refresh a home for summer guests and gatherings with no renovations needed.
Housing starts fell 9.8% in May, driven by a sharp drop in multifamily construction, while single-family starts were mostly flat amid ongoing market pressures.
