Finance and Economics

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Market Snapshot: How Las Vegas Is Defying the Odds

Amid rising mortgage rates, Las Vegas' new-home market thrives on improving... More

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Mortgage Rate Locks Dropped 7% in July

As rates topped 7% for the first time since November 2022, mortgage rate-lock... More

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Many Americans Feel They Need to Win the Lottery to Own a Home

A recent survey by Divvy Homes reveals 40% of people think hitting a lottery... More

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Mortgage Originator Sentiment Survey Reveals Market Concerns

Compared with January, the share of mortgage originators who project poorer... More

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Adjustable-Rate Mortgages Reach Highest Share of Applications in 15 Years

Home buyers using ARMs are likely to be affluent and are putting down large down... More

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Mortgage Rates Rise Above 3% for the First Time Since July

As expected, mortgage rates have risen after the Federal Reserve signaled that it... More

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COVID-19 Update: 'Where Do We Go From Here?'

Zonda's Ali Wolf and Tim Sullivan expect the economy to continue to grow but at a... More

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COVID-19 Update: 'July’s Theme is Relief'

While buyer activity slowed in July, the shift is more akin to a fever breaking,... More

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Pending Home Sales Drop 1.9% Month to Month in June

Contract signings also fell 1.9% YOY, after a month of exceptional gains. More

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Existing Home Sales Rise 1.4% from May to June, Breaking Four Months of Declines

Sales have jumped 22.9% year over year, while median existing home prices have... More

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