Mortgage Rates Keep Moving Higher: 7.63% this Week

The march toward 8% mortgages continued this week, with the 30-year, fixed-rate mortgage averaging 7.63%, up from last week’s 7.57%. A year ago, it was 6.23%.

MND Rate Index Officially Hits 8.0%, Highest in 23 Years

Our rate index has rapidly grown in popularity and exposure in recent years because it is timely and because it accounts for upfront costs in a way that other single-number indices cannot.  Because we began this effort in 2009, we can only technically say our index is the highest in 14 years, b

Weird 2024 Trends that Will Increase Home Value

If you can tell what’s trending by looking at the words becoming more common in listings, expect demand for brutalism, sensory pathways and cold plunge pools.

Single-Family Starts Up a Surprising 7% in Sept.

Frustrated with the lack of existing-home inventory, more buyers turned to new construction in Sept. despite mortgage rates that topped 7%.