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(iStock/Illustration by Alexis Manrodt for The Real Deal)
National

US home prices are more than 5% too high: Fitch

Buyers bidding up homes have gotten carried away, according to a new report. Fitch Ratings estimates that national home...

US home prices are more than 5% too high: Fitch
(iStock)
National

Mortgage rates tick up again

Mortgage rates keep climbing. The average 30-year, fixed-rate loan last week was 2.81 percent, compared to 2.73 percent the previous week. That’s the highest since November and 16 basis points above the record low...

Mortgage rates tick up again
(Getty)
National

Home mortgage applications fall as rates, prices rise

Applications for home loans fell again as mortgage rates and average loan size continued to grow. An index tracking...

Home mortgage applications fall as rates, prices rise
Louisville, Kentucky (iStock/Photo illustration by Kevin Rebong for The Real Deal)
National

Cities come back: Home prices up 15% in 3 months

Across the country, cities are rebounding. Young, white-collar workers are taking advantage of record-low mortgage rates and remote work...

Cities come back: Home prices up 15% in 3 months
Mortgage applications drop as rates rise. (Unsplash)
National

Average home mortgage reaches record $402K

Though applications for home loans fell last week as mortgage rates ticked up, the average loan to purchase a home reached an all-time high. An index tracking applications to purchase homes dropped 5 percent,...

Average home mortgage reaches record $402K
(iStock/Illustration by Kevin Rebong for The Real Deal)
National

Low rates give home refinancings a boost

 The average home acquisition loan inched a little bit closer to $400,000 last week while overall purchase volume lagged. But lower interest rates drove refinancing activity. An index tracking the volume of applications to...

Low rates give home refinancings a boost
Divvy Homes CEO Adena Hefets. (Twitter, Divvy)
National

Divvy, which helps renters become owners, raises $110M

 UPDATED: Feb. 2, 8 p.m.: Rent-to-own startup Divvy Homes has raised $110 million to meet a wave of demand...

Divvy, which helps renters become owners, raises $110M
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