Mortgage Applications Today: Home Loan Applications Drop for Third Straight Week as Rates Continue To Rise
The demand for home loans fell once again as borrowers are faced with rising rates. Mortgage applications decreased 10.4% for the week ending March 27, according to the Mortgage Bankers Association. This marks the third consecutive week of decline. The Market Composite Index, a measure of mortgage l
Washington State Just Passed a Millionaire’s Tax. The Legal Fight Starts Now
Washington state has enacted a swath of new housing laws—including a 9.9% tax on household income above $1 million. The wealth tax is likely to face a legal challenge. Gov. Bob Ferguson signed Senate Bill 6346, which takes effect in 2028. The bill, introduced in February, quickly moved through the s
Price Cuts Take a Back Seat as Spring Sellers Pivot to a Realistic Listing Strategy
While price cuts were all the rage last year, homeowners entering peak selling season this spring are shifting strategy. They are opting for more realistic initial pricing rather than relying on subsequent discounts to boost buyer interest. Nationally, March saw 16.2% of for-sale homes offering pric
The $3.3 Billion Oversight: Why Texas Homeowners Are Leaving Massive Tax Savings on the Table
Protesting property taxes enables homeowners to argue that their taxes are overvalued or incorrectly assessed. While rules vary by state and county, the amount of money left on the table in Texas every year is reportedly staggering. A recent Ownwell study found that in 2025, 32% of residential prope
Categories
Recent Posts
