How low do mortgage rates need to go before borrowers appear?

Even as the real estate and mortgage markets are seeing light at the end of the tunnel following two difficult years of conditions, mortgage rates have yet to ease enough to create a surge of demand for purchase loans and refinances.At HousingWire‘s Mortgage Rates Center on Tuesday, the rate for 30-

Home prices hit another record high in June

Home prices continued to climb in June. The S&P CoreLogic Case-Shiller national home price index rose 5.4% annually to a reading of 325.23 in June, according to data released Tuesday. While prices continue to climb on a year-over-year basis, June’s figure was down from 5.9% growth in May. June’s ann

‘Hacks’ Star Jean Smart Lists $6 Million Encino Compound—and Secures Offer in Less Than 24 Hours

Getty/Realtor.comAward-winning actress and “Hacks” star Jean Smart appears to have “hacked” the real estate market after listing her stunning $5.9 million Encino, CA, compound and securing an offer—all within 24 hours.Built a century ago, the seven-bedroom, six-bathroom estate has been thoroughly up

Home Prices Hit a New Record High in June but Show Signs of Slowing Growth

Getty/Westend61Home prices in the U.S. have reached a new record high but are growing at a slower pace, in a sign the market is starting to turn.Released on Tuesday, the latest S&P CoreLogic Case-Shiller Index of national home prices hit an all-time high in June, growing 5.4% from one year ago. That