Tag Archives: increased

The number of homes available has increased, says Realtor.com’s Danielle Hale

ShareShare Article via FacebookShare Article via .Share Article via LinkedInShare Article via E. The housing market is slowing fast, as mortgage rates rise. Danielle Hale, chief economist for Realtor.com, joins ‘The Exchange’ to discuss the housing market and what impact a cooldown could have on home prices. 03:29 Thu, May 26 20221:53 PM EDT source

Mortgage applications rise despite higher rates Purchase activity has now increased for two straight weeks

Prospective homebuyers aren’t deterred by the skyrocketing mortgage rates amid a slow start to the spring home-buying season this year. The Market Composite Index, a measure of loan application volume, rose 2 percent on a seasonally adjusted basis for the week ending May 6, from the previous week, according to the Mortgage Bankers Association. Conventional, Federal Housing Administration (FHA) and Veterans […]