Though weekly changes in borrowing costs are volatile, housing activity is reaching more balanced levels—which is ultimately good for buyers, says Freddie Mac’s chief economist.

“Home prices have increased at a pace that far exceeds wage gains, especially for low- and middle-income workers,” says NAR Chief Economist Lawrence Yun.

The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist.

The market has mostly priced in current and future Fed actions, so mortgage rates shouldn’t rise dramatically, says NAR Chief Economist Lawrence Yun.

The Federal Reserve is expected to raise its key benchmark rate this coming week. What impact could it have on mortgage rates?

Nearly every region of the country saw a major decline in real estate transactions last month as more buyers are priced out of the market, new NAR data shows.

U.S. home purchases by international buyers are at their lowest level on record, new NAR data shows. But there’s reason to believe in a comeback.