Redfin: 'Lock-In Effect' Continues to Ease

In Q1 2024, 86% of owners had a rate below 6%, down from the 2022 high of 93%. Rates need to dip more for the lock-in effect to loosen further.

Gen Z Renters Use Social Media for Design Tips

Gen Z renters, born between 1997 and 2012, prefer softer lighting and quirky décor, using social media for design trends to merge functionality with visual appeal.

Older Adults Moving in With 'Boommates'

Retirement-aged adults are increasingly sharing housing arrangements due to rising taxes, insurance and mortgage costs.

Mortgage Rates End The Week Roughly Unchanged

Day to day movement has been subdued in mortgage rates recently, and now the week over week movement is just as uneventful.  Friday's average top tier 30yr fixed rate almost perfectly matched last Friday's and it was identical to where we began the week.   Given the absence of any maj