Latest News Category: News

This week, mortgage applications increased by 0.5%; a new report shows that U.S. homeowners withdrew $48 billion in equity in the third quarter of 2024; a survey explains why homeowners would rather leverage their equity than sell; the median listing price fell for the third week in a row; the number of new listings on […]

This week, data shows that September home sales dropped to their lowest level since 2010, although new single-family home sales had their best performance in more than a year and a half; mortgage applications decreased 6.7%; TPO purchase originations accounted for almost a quarter of market share between 2018 and 2023; and the housing market […]

This week, data reveals that September new home mortgage applications increased 10.8% from last year; home sales rose 3.2% year over year during the four weeks ending October 13 – the biggest increase in three years; mortgage applications decreased 17% from one week earlier; rates climbed higher to 6.52%; and the median listing price has […]

This week, homebuyers locked in nearly 70% more mortgages by Sept. 23, 2024, than they did a month earlier; mortgage refinancing is expected to increase; real estate value and equity hit an all-time high in the second quarter of 2024; mortgage rates inched higher; mortgage applications decreased; and falling mortgage rates, now at a two-year […]

For the third straight week, mortgage rates fell; mortgage applications increased by 11 percent, while application payments decreased by 3.9 percent; pending home sales inched up 0.6 percent; home prices continue to reach all-time highs, although they have begun to decelerate on a monthly basis; and with lower rates and more inventory, the market is […]

This week, the Federal Reserve announced a half-point rate cut; mortgage rates continue to drop and housing starts are increasing; housing payments posted the biggest decline in four years; mortgage applications increased 4.4 percent; 2024 will close with the slowest pace of sales since 1995; and there’s a growing sense of optimism as we’re closing […]

This week, mortgage rates fell to their lowest level since February 2023; both mortgage applications and credit availability increased; refinancing is beginning to pick up as originations doubled in August, accounting for 26% of total mortgage loan production; homeowners now have more than $32 trillion in home equity – a record high; and median prices […]

Mortgage applications increased 1.6 percent this week; buyers remain in wait-and-see mode as lower prices, an increase in listings and longer times on the market are giving them more time to weigh their options; a new survey shows that 50% of prospective homebuyers can’t afford the basic costs of homeownership; and mortgage rates continue to […]

This week’s data shows home prices hit a record high in June; contract signings fell 5.5% last month; starter home sales surged 10.2% in July, as buyers took advantage of the recent rate drop; delinquencies and mortgage application payments both decreased; and home prices are still slightly down, while inventory is well above last year’s […]

This week, mortgage rates dropped to a 2024 low; home sales rose in July for the first time in five months; mortgage applications decreased 10.1 percent; the national mortgage delinquency rate fell by 12 basis points to 3.37% in July; and things are shaping up for a buyer-friendly end of summer with home prices slightly […]