Location, Location, Location are the three magic words when it comes to real estate. Everyone shops for the “right location” when buying a home, but determining the right location varies tremendously from buyer to buyer. More
Research Note: Freddie Mac’s Primary Mortgage Market Survey (PMMS) is the longest running weekly survey of mortgage interest rates in the United States. Since Freddie Mac launched its survey in 1971, others have begun collecting and reporting mortgage rate information. More
For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save for the down payment. More
Research Note: U.S. households own real estate worth over $25 trillion and have mortgage debt of just $10 trillion for over $15 trillion in net homeowner equity. More
Eighty-somethings Al and Rose have no desire to leave their home of decades. Meanwhile, thirty-somethings Alex and Rita can't wait to buy their first home. But they have to wait longer-and pay more-than they'd like, as long-time homeowners stay in their homes and keep them off the market. More
In the last 10 years, since the Great Recession, the economy has expanded greatly, but the housing market still has not recovered. Since 2011, residential housing construction has increased, but only gradually. More
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