The 30-year fixed-rate mortgage rate dipped again, relieving some borrowers.

“Given the chronic lack of affordable housing and rapidly escalating home prices, it is worrisome that the country is producing new single-family housing stock at a rate that is similar to the trough of a typical recession,” Freddie Mac’s chief economist says.

The region dominates in realtor.com®’s latest hottest housing market list.

A HomeLight feature helps drill down to the market level and get a snapshot of a seller’s best chances for maximizing their sales price or selling quickly.

“To win, [buyers] will likely have to raise their offer price and waive contingencies,” says company spokeswoman Rachel Musiker.