Consumers Had a Rosier View of the Housing Market in November
Consumer confidence in the housing market improved significantly in November, rising to a score of 75.0 on the Fannie Mae Home Purchase Sentiment Index.
In...
CoreLogic: Home Equity Gains Slowed in the Third Quarter
U.S. home equity continued to rise in the third quarter, increasing by $425 billion, or 2.5%, to a record $17.5 trillion, according to CoreLogic’s Homeowner...
Unemployment Rate Flat at 4.2 Percent as U.S. Economy Adds 227,000 Jobs in November
Roughly 227,000 jobs were added to the U.S. economy in November, above expectations, while the unemployment rate was flat at 4.2%, according to the...
WalletHub: Texas Has the Most People in Financial Distress
Texas, Louisiana, Nevada, Kentucky and Florida are the top five states where Americans are struggling the most with their debt, according to a WalletHub...
Home Price Appreciation Continued to Slow in October
U.S. home prices increased 0.2% in October compared with September and were up just 3.4% compared with October 2023, according to CoreLogic’s home price...
NAR: Pending Home Sales Increased for a Third Month in October
Pending home sales increased for a third straight month in October, rising 2% compared with September and 5.4% year-over-year, according to the National Association...
MBA: Homebuyer Affordability Continued to Decrease in October
Homebuyer affordability declined in October, as the national median mortgage payment applied for by purchase applicants increased to $2,127, up from $2,041 in September,...
Case-Shiller: Home Price Growth Continued to Slow in September
U.S. home prices continued to decelerate in September, falling to an annual gain of 3.9%, down from an annual gain of 4.3% in August,...
New Home Sales Plummeted in October
New home sales in October were at a seasonally adjusted annual rate of 610,000, a decrease of 17.3% compared with September and down 9.4%...
Housing Market Activity Will Pick Up in 2025, But it Will Be a Bumpy...
Zillow is predicting a more active housing market in 2025, but those hoping to buy — or even refinance — should buckle up for...
Trump Appoints Former Texas State Rep. Scott Turner as HUD Secretary
Former Texas state Rep. Scott Turner has been appointed by the incoming Trump administration to serve as secretary of the U.S. Department of Housing...
Mortgage Originations Increased 1.9 Percent in Q3
Mortgage origination volume increased 1.9% during the third quarter, according to ATTOM’s U.S. Residential Property Mortgage Origination Report.
About 1.67 million residential mortgages were issued...
Existing-Home Sales See First Year-Over-Year Increase in More Than Three Years
After falling for three straight months, existing-home sales turned the corner and increased 3.4% in October compared with September, reaching a seasonally adjusted annual...
Applications for New Home Purchases Jumped 3 Percent in October
Applications for mortgages for new home purchases increased 3% in October compared with September and were up 8.2% compared with September 2023, according to...
Home Price Growth Stabilized in October After Slowing for Nine Months
Home prices decreased 0.5% in October compared with September but were up 3.8% compared with October 2023, according to First American’s home price index.
Home...
Housing Starts Slowed in October as Rates Went Back on the Rise
Housing starts slipped in October, falling to a seasonally adjusted annual rate of 1.311 million, a decrease of 3.1% compared with the revised September...
Mortgage Credit Availability Increased to Highest Level Since April 2023
Mortgage credit availability increased in October, rising to a score of 99.2 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI).
The report,...
U.S. Household Debt Reached a Record $17.94 Trillion in Q3
U.S. household debt - including mortgage debt - reached a record $17.94 trillion in the third quarter, according to a WalletHub report that uses...
J.D. Power: Lenders That Advise Borrowers Through the Mortgage Process Earn Higher Satisfaction
Mortgage lenders that advise borrowers throughout the home buying process are reaping higher customer satisfaction scores, a report from J.D. Power shows.
By serving in...
Nearly 90 Percent of Metro Markets Posted Home Price Increases in Q3
Single-family existing-home sales prices increased in 87% of measured metro areas in the third quarter, down from 89% in the prior quarter, according to...