Housing affordability has improved in recent months, with the share of income required to purchase the median home falling nearly 5 percentage points from October, and the inventory deficit continues to improve. This indicates a better housing market environment in coming months, according to Intercontinental Exchange.
Tag: Andy Walden
Black Knight Reports Mortgage Rate Lock Activity Falls Again
Black Knight, Jacksonville, Fla., said mortgage rate lock activity fell for the second consecutive month in July, dropping 7% overall.
Black Knight Reports Mortgage Rate Lock Activity Falls Again
Black Knight, Jacksonville, Fla., said mortgage rate lock activity fell for the second consecutive month in July, dropping 7% overall.
Black Knight: Housing Market Reheating
The housing market is “reheating,” with home prices hitting new peaks at the national and local level and no end in sight to the inventory shortage driving price increases, reported Black Knight, Jacksonville, Fla.
Black Knight: Housing Market Reheating
The housing market is “reheating,” with home prices hitting new peaks at the national and local level and no end in sight to the inventory shortage driving price increases, reported Black Knight, Jacksonville, Fla.
Black Knight: Mortgage Locks Edge Lower in June; Credit Availability Continues to Tighten
Black Knight, Jacksonville, Fla., reported overall rate lock volumes were down 1% month-over-month in June, with conforming loans gaining share mainly at the expense of non-conforming loan products.
Mortgage Locks See Modest Rise in May, But Remain Suppressed, Black Knight Reports
Mortgage lending improved in May compared to April, but remains constrained to say the least, reported Black Knight, Jacksonville, Fla.
Black Knight: Lock Volumes Fall Despite Lower Rates
Black Knight, Jacksonville, Fla., said rate lock volumes fell by 22 percent month over month in April despite marginally lower mortgage interest rates.
Home Price Appreciation at 11-Year Low
Home price reports from CoreLogic, Irvine, Calif., and Black Knight, Jacksonville, Fla., show home prices, while continuing to rise, have slowed to levels not seen since 2012.
Housing Market Report: Sellers Retreat; Million-Dollar Homes, Affordable Homes Decrease
In today’s housing market reports, Black Knight, Jacksonville, Fla., said sellers continue to back away amid rising interest rates; and Redfin, Seattle, said inventory of homes at both ends of the spectrum have become less available.