Here’s The Truth About Scoring a Mortgage Rate Below 6% Right Now
"When mortgage rates fall below 6%..." With affordability top of mind, time and again, agents and lenders are hearing that rates need to come down for buyers to come off the sidelines. And yet, for the better part of the past year, mortgage rates have hovered around the mid-6% range. On Thursday, m
Existing-Home Sales Rise 1.5% in September as Falling Mortgage Rates Boost Demand
September saw a boost in sales of previously owned homes. Existing-home sales increased by 1.5% month-over-month in September, according to the National Association of Realtors®—and a 4.1% increase year over year. “As anticipated, falling mortgage rates are lifting home sales,” said NAR Chief Econom
Home Equity Weakens as Underwater Mortgages Tick Up
A variety of economic factors are influencing the share of seriously underwater mortgages, which is up slightly in most states and contributing to lower home equity. The share of mortgaged properties considered seriously underwater rose in 35 states quarter over quarter and in 46 states year over ye
Budget-Friendly Boston-Area Metro Remains the Top Affordable Housing Market in the U.S.
A New England metro located about an hour north of Boston has retained its title as the nation’s top affordable housing market for the second quarter in a row. Manchester-Nashua, NH, once again clinched the No. 1 spot in the Fall 2025 Wall Street Journal/Realtor.com® Housing Market Ranking, owing to
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