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(iStock / Photo Illustration by The Real Deal)
National

Homebuyers get ready to “spring” into action

Homebuying season is nearly here and the demand for mortgages is accelerating. An index tracking the applications to purchase...

Homebuyers get ready to “spring” into action
(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

Average size of home mortgage nears $400K

Applications for home loans fell last week as rates ticked up and the average loan size neared the $400,000 threshold. An index that tracks mortgage applications to buy homes dropped 4 percent, seasonally adjusted,...

Average size of home mortgage nears $400K
The mirage of low interest rates
National Issue

The mirage of low interest rates

Record-low interest rates have created an unprecedented opportunity for homebuyers. That’s the party line in the residential industry. But that’s not how things are playing out on the ground. Many buyers have little chance...

The mirage of low interest rates
(iStock)
National

Mortgage requests surge ahead of Thanksgiving

As the holiday season kicked off, buyers and homeowners got hungry for home financing. An index tracking the number...

Mortgage requests surge ahead of Thanksgiving
The coronavirus pandemic pushed back the home shopping season into the fall, according to a Zillow report. (iStock)
National Insights

Homes sold faster in September than in any month this year

Fall is usually a cool-down period for the U.S. housing market. Not this year. Homes sold nearly twice as...

Homes sold faster in September than in any month this year
The value of single-family mortgage-backed securities hit a new monthly record, and demand is still strong. (iStock)
National

Mortgage-backed securities boom breaks monthly record

Thanks to low mortgage rates and a surge in home-loan refinancing, the number of mortgage-backed securities has skyrocketed. The...

Mortgage-backed securities boom breaks monthly record
(iStock)
National

Jumbos now cost more than traditional mortgages

Interest rates on so-called jumbo mortgages are above the historically low rates for smaller traditional mortgages for the first...

Jumbos now cost more than traditional mortgages
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