Mortgage Rates Modestly Lower To Start The Week

Most mortgage lenders set rates for the first time this week on Tuesday (today) due to yesterday's holiday.  Federal holidays mean banks are closed which, in turn, means no activity in the part of the financial market that determines mortgage pricing.  Even though a majority of the U.S. fi

Are New Starter Homes Becoming Smaller?

As home affordability continues to challenge buyers, builders are now testing the market for smaller, more affordable starter homes – some just 400 square feet.

Minority Groups’ Homeownership Increased in 2022

NAR: Despite gains, racial minorities still faced disparities. Black homeownership lagged at 44.1%; rates for Asian (66.3%) and Hispanic Americans (51.1%) were records.

Housing Starts Decline in January

Census Bureau: Weakness in multifamily starts pushed overall housing starts down 14.8% in January. Single-family building permits rose 1.6%; multifamily dropped 7.9%.