Mortgage Rate Dip: Best Since Oct 2024!
Mortgage rates dip to 6.35%, the lowest since Oct 2024, spurring increased buyer demand. Applications surge 9.2%, acquisitions up 7%. But inflation and labor market concerns remain.
Housing Market: Buying Sentiment Rises Amidst Economic Shifts
Consumer buying sentiment is up as housing inventory improves. Despite income dips and high mortgage rates, more consumers see it as a good time to buy, with improved outlooks on home prices and job security.
Homa: AI-Powered Home Buying Platform
Homa uses AI to empower home buyers with market analysis, data-driven offers, and closing guidance. It aims to streamline the process without replacing listing agents, addressing buyer concerns about commission fees.