HousingWireHousingWire The new year has arrived, but little has changed regarding the direction of mortgage rates and their impact on the U.S. housing market. At HousingWire’s Mortgage Rates Center on Tuesday, the 30-year fixed rate averaged 7.09%. That was up 2 basis points (bps) from a week ago. The 15-year…
Continue reading →HousingWireHousingWire Buffalo, New York, known for its tumultuous winter weather and beloved namesake chicken wing, will be the hottest major housing market in 2025, according to a new report from Zillow. This is the first time a market has held the title in back-to-back years. “Construction that keeps pace with…
Continue reading →HousingWireHousingWire Experian has become the latest focus of the Consumer Financial Protection Bureau (CFPB) as the agency intensifies its regulatory and enforcement activity ahead of the impending White House transition. On Tuesday, the CFPB filed a lawsuit against Experian in a U.S. district court in California, accusing the credit reporting…
Continue reading →HousingWireHousingWire While the U.S. housing market was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. According to The Trend Report released Monday by Coldwell Banker’s Global Luxury program, the brand’s luxury property specialists expect more luxury buyers…
Continue reading →HousingWireHousingWire Fannie Mae‘s Home Purchase Sentiment Index (HPSI) decreased 1.9 points in December to 73.1 — a figure substantially higher than year-ago levels due to ongoing mortgage rate optimism. The index reported that consumers continue to expect mortgage rates to decline over the next 12 months. In December 2024, the…
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