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Originally published by Newsmax | November 13, 2020 The average rate on the 15-year fixed-rate mortgage edged up to 2.34% from 2.32% U.S. long-term mortgage rates rose in the second week of November. They continue to remain at…

The NAHB’s Eye on Housing says that a shift has taken place in the number of multifamily units built as smaller properties, reversing a trend that favored larger buildings over recent years.  Citing data from the Census Bureau’s…

A new report from RENTCafé says that renters have become the majority 23 big cities (with >100k residents) over the past decade.  Among the reasons for this shift, were the 2008 housing crisis and the Great Recession – which…

The Wall Street Journal (reposted in Realtor.com) says big companies that own single-family homes are raising rent at the fastest rate since they emerged from the foreclosure crisis, capitalizing on high demand for suburban…

The U.S. government is reporting that privately‐owned housing starts in October were at a seasonally adjusted annual rate of 1,530,000, which is 4.9% above September’s revised number.  October’s rate for units in buildings with…

CNBC’s Diana Olick is reporting that fueled by record-low interest rates, homebuyer demand is surging after taking a slight break around election-time.  In particular she cites the latest mortgage application data from the Mortgage…

The venerable AAA says Thanksgiving 2020 will be “on the lighter side” when it comes to the number of travelers on our nation’s roads and at airports.  They say effects of the Coronavirus pandemic (not to mention the recent surge…