Freddie Mac Reports Nearly Flat Mortgage Rates
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.86% for the...
Redfin: Home Sales Down 6 Percent Year Over Year, Prices Keep Rising
According to a new report from Redfin, the national median home-sale price rose 16% year over year to $380,271 in August, marking the 13th...
Consumers Seem More Optimistic About Home Buying
Fannie Mae reveals that the Home Purchase Sentiment Index (HPSI) was largely unchanged in August, decreasing 0.1 points to 75.7, as survey respondents tempered...
Slow Increase in Pending Home Sales, Redfin Reports
Pending home sales rose 9% in August, the slowest growth since June 2020, according to a new report from Redfin.
More home sellers have started...
Home Prices Jumped 18.6 Percent Year Over Year in June
U.S. home prices continued to hit new highs in June, rising 1.7% compared with May and soaring 18.6% above June 2020, according to the...
U.S. House Prices Show Substantial Rise Over Last Year
U.S. house prices rose 17.4% from the second quarter of 2020 to the second quarter of 2021, according to the Federal Housing Finance Agency...
Pending Home Sales Fell 1.8 Percent in July as the Market Cools
Pending home sales decreased 1.8% on an adjusted basis in July compared with June and were down 8.5% compared with July 2020, according to...
CoreLogic Decade in Review Report Shows Shifting Market Dynamics
CoreLogic’s Investor Homebuying report highlights home U.S. purchase trends between 2011 and 2020. In the report, CoreLogic investigates activity nationally by both price tier...
Radian RPI Reports U.S. Home Price Appreciation Increases
After a strong finish to the first half of 2021, home prices across the U.S. rose at an even faster pace in July as...
Existing-Home Sales Increased For Second Straight Month in July
Existing-home sales increased 2.0% in July compared with June to reach a seasonally adjusted annual rate of 5.99 million, according to the National Association...
New Home Sales Inched Up 1 Percent in July
New home sales increased 1% in July compared with June but were down 27% compared with July 2020, according to estimates from the U.S....
Housing Starts Dropped in July as Homebuilder Sentiment Waned
Housing starts continued to disappoint in July, dropping 7% compared with June to reach a seasonally adjusted annual rate of 1.59 million, according to...
July Figures Show Large Price Gains for 12 Straight Months
The median price of homes sold in July 2021 was up nearly 20% from a year earlier to a new all-time high of $385,600,...
Affordability and Supply Questions Polarize Buying and Selling Markets
Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased 3.9 points to 75.8 in July, with consumers continuing to report concerns related to high home...
U.S. Economy Added Nearly 1 Million Jobs in July, Unemployment Fell to 5.4 Percent
The U.S. economy added 943,000 jobs in July, while the unemployment rate dropped to 5.4%, according to the U.S. Bureau of Labor Statistics.
Notable job...
Homeowner Equity Surged During Q2 2021
ATTOM’s second-quarter 2021 U.S. Home Equity & Underwater Report shows that 34.4% of mortgaged residential properties in the U.S. were considered equity-rich in the...
Home Prices Continued to Spike in June But Housing Market Remains Strong
U.S. home prices in June increased 2.3% compared with May and were up 17.2% compared with June 2020, according to CoreLogic’s home price index.
Lack...
Home Sale Profits Remain High with Unusual Fall in Q2 2021
ATTOM’s Q2 2021 U.S. Home Sales Report shows that profit margins for home sellers took an unusual dip in the second quarter but still...
Credit Applications Mostly Up to Pre-Pandemic Levels
The Consumer Financial Protection Bureau has published an issue brief showing that consumer applications for new mortgages, auto loans and revolving credit cards had...
House Price Index Up 18 Percent from Last Year
House prices rose nationwide in May, up 1.7 percent from the previous month, according to the Federal Housing Finance Agency’s (FHFA) latest House Price...