PennyMac Mortgage (PMT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.44 per share a year ago. These ...
When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...
Homes are selling at their slowest pace since the start of the pandemic as mortgage rates and home prices remain elevated, according to a new report from Redfin (redfin.com), the technology-powered ...
The American housing market is experiencing a slowdown, with homes selling at their slowest pace since the start of the ...
Homes are taking longer to sell largely because housing costs are so expensive and there’s a limited supply, Redfin said. It’s the slowest pace in 5 years.
On a year-over-year basis, home prices rose 5.4 percent in December, the smallest annual increase since 2015, according to new data from Redfin. Read on to find out more information.