Redfin says sellers are cutting their asking prices in the two southern states.
Analysis and Data
National Association of Realtors reports gains in Northeast, South and West, with a slight drop in the Midwest
The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week, when it averaged 7.10%.
Most homeowners with a mortgage still able to make their payments on time in February, CoreLogic report shows.
Survey results indicate optimism about housing market among U.S. veterans and service members
The slowdown comes at the same time that the Federal Reserve's efforts to combat inflation have stalled.
ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.
U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.
The MBA's weekly mortgage applications survey shows decline in last week's application volume
The growth coincides with roughly a quarter of builders saying they cut prices last month.