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HousingWire

HousingWire is the nation's most influential source of news and information on housing and mortgage lending.

Last week, the 30-year fixed-rate mortgage rose to a high of 4.02%, spurring a significant decline in refinance demand. Mike Fratantoni, MBA’s SVP and chief economist, said the average size of a refinance loan application fell to its lowest level in 2019.

The post MBA: U.S. refinance demand falls to the lowest level in 2019 appeared first on HousingWire.

Author: Alcynna Lloyd
Posted: October 23, 2019, 11:00 am

Is there a Black Friday looming for home sales too? Home trade-in company Knock forecasted that by the end of September 2019, 67% of listings on the market were expected to sell below their original list prices.

The post Report: Over half of homes on the market will sell below original price appeared first on HousingWire.

Author: Julia Falcon
Posted: October 22, 2019, 10:41 pm

A new survey finds that people are nearly twice as likely to support policies designed to keep homes affordable compared to policies that would strengthen home values.

The post Support for affordable housing policies growing appeared first on HousingWire.

Author: Julia Falcon
Posted: October 22, 2019, 10:31 pm

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