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Des Moines

Market Share of First Time Home Buyers Hit Historic Low in U.S.

The National Association of Realtors' newly released 2024 Profile of Home Buyers and Sellers report reveals a historic low in first-time U.S. homebuyer market share, which dropped to 24% from 32% last year.

Mortgage Applications in U.S. Dip in Late October

According to the Mortgage Bankers Association's latest Weekly Applications Survey for the week ending October 25, 2024, U.S. mortgage applications decreased 0.1 percent from one week earlier.

Mortgage Rates Hit 7 Percent One Week Before U.S. Presidential Election

According to national property broker Redfin, a U.S. homebuyer on a $3,000 monthly budget has lost $33,250 in purchasing power over the last six weeks, with the daily average 30-year fixed mortgage rate rising to 7% on October 28, 2024.

One in Five Americans Had a Political Disagreement with a Neighbor in 2024

As Americans now head to polling stations across the country, political divisions appear more entrenched than ever.

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