Builder Sentiment Drops to Seven-Month Low in April

Builder confidence fell sharply in April as rising costs and economic uncertainty weighed on sentiment heading into the spring buying season. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) dropped four points to 34 , its lowest level since September 2025. The

Mortgage Application Demand Finally Bounces

Mortgage applications ticked higher last week, reversing recent declines as easing rates provided a modest boost to activity. The Mortgage Bankers Association (MBA) reported a 1.8% increase on a seasonally adjusted basis for the week ending April 10. Refinance activity led the gain, with the Refinan

Existing Home Sales Remain Flat in The Bigger Picture

Existing-home sales pulled back in March, reversing February’s modest gains as affordability pressures and rising mortgage rates continued to weigh on buyer activity. Sales fell 3.6% to a seasonally adjusted annual rate of 3.98 million , slipping 1.0% below year-ago levels. “March home sales remaine

How Much is a Monthly Mortgage Payment on a $300K House?

Buying a home is a big financial commitment, and most buyers will need a mortgage to make it happen. Understanding your monthly payment is a key part of budgeting for life in your new home. In this Redfin article, we’ll break down how much a mortgage on a $300,000 house costs, both on a monthly basi