Mortgage Rates Remain Surprisingly Calm

If we're splitting hairs, today's average mortgage rates are technically higher than yesterday's, but the change is so small that it's just as fair to say that rates are flat. This closes out a week with surprisingly low volatility compared to that seen in March. In part, this can be attributed to l

Florida Short About 121K Housing Units

New data shows supply falling behind demand across rental and for-sale markets, with shortages concentrated in major metro areas.  

Consumers Grow More Cautious on Economy

U.S. consumer sentiment fell more than expected in April, signaling rising concern about finances that could slow spending, including big purchases like homes.

Lower Rates Could Nudge Spring Activity

The dip in mortgage rates may give buyers more room and offer a modest lift as the spring housing market continues to gain traction.