Mortgage Rates Basically Flat This Week, But Stability is ‘Reassuring to Consumers’
Mortgage rates were basically flat this week, with the average rate for a 30-year fixed-rate mortgage at 6.76%, according to Freddie Mac’s Primary Mortgage...
First American: Income Growth is Now Outpacing Home Price Appreciation Nationally
U.S. home prices barely budged in February, rising 0.5% compared with March and rising only 1.8% compared with February 2024, according to First American’s...
U.S. Economy Added 177,000 Jobs in April as Unemployment Rate Remains Flat
About 177,000 payroll jobs were added to the U.S. economy in April, while the unemployment rate remained flat at 4.2%, according to the U.S....
FHFA: Home Prices Barely Increased in February
U.S. home prices increased a mere 0.1% in February compared with January and increased only 3.9% compared with February 2024, as home price growth...
Stewart Title Insurance Co. Merges With Stewart Title Guaranty Company in New York
Stewart Title Insurance Co. has merged with Stewart Title Guaranty Company in New York.
Both are owned by Stewart Information Services Corp.
The combined company will...
Case-Shiller: Home Prices Continued to Rise in February – But at a Slower Pace
U.S. home prices increased 0.3% on an adjusted basis in February compared with January and were up 3.9% compared with February 2024, according to...
NAR: March Pending Home Sales Saw Biggest Increase Since December 2023
Pending home sales increased 6.1% in March compared with February but were down 0.6% compared with March 2024, the National Association of Realtors (NAR)...
Mortgage Lenders Identify Top Challenges in Managing Escrow Tax Payments
Mortgage lenders identified rising costs (39.8%), staffing limitations (11.7%), regulatory compliance (29.1%), and inefficient processes (21.4%) as major hurdles in managing escrow-related payments for...
ATTOM: Home Sellers Made Less Profit on Average in Q1
Homeowners who sold their homes during the first quarter on average made less profit compared with those who sold in the fourth quarter and...
First American: Rate Lock-In Effect Appears to be Loosening
The rate lock-in effect that has kept the housing market “stalled” during the past two years appears to be finally loosening, a report from...
CREFC: Sentiment in the CRE Finance Market Plummeted Following ‘Liberation Day’
President Trump's "Liberation Day" tariff announcements on April 2 resulted in a dramatic shift in market sentiment for the CRE Finance market, as shown...
Mortgage Rates Dip Slightly, But Have Been Surprisingly Stable For Past Two Months
Mortgage rates edged down slightly this week, with the average rate for a 30-year fixed-rate mortgage falling to 6.81%, down from 6.83% last week,...
NAR: Existing-Home Sales Plummeted 5.9 Percent in March
Existing-home sales were at a seasonally adjusted annual rate of 4.02 million in March, a decrease of 5.9% compared with February, according to the...
New Home Sales Jumped 7.4 Percent in March as Mortgage Rates Dipped
New home sales were at a seasonally-adjusted annual rate of 724,000 in March, a jump of 7.4% compared with February and up 6.0% compared...
FHFA Establishes Mortgage Fraud Tip Line and is Exploring Ways to ‘Recall’ Fraudulent Loans
The Federal Housing Finance Agency (FHFA), regulator of government-sponsored enterprises Fannie Mae and Freddie Mac, has established a tip line “where anyone and everyone...
Fannie Mae: Home Prices Continued to Steadily Climb in Q1
Single-family home prices increased 1.4% in the first quarter compared with the second quarter and were up 5.2% compared with the first quarter of...
Housing Starts Stalled in March on Economic Uncertainty
Housing starts stalled in March on tariff and trade-war concerns, dropping 11.4% compared with February to a seasonally adjusted annual rate of 1.324 million,...
Clear Capital: Tariff Impact on Housing Will be ‘Negligible’ Provided Rates Don’t Increase Significantly...
U.S. home prices were basically flat in March compared with February but were up 4.7% compared with March 2024, according to Clear Capital’s latest...
Cotality: Home Price Growth Continued to Cool in February
U.S. home prices increased 0.3% in February compared with January and were up 2.9% compared with February 2024, according to the latest home price...
Minnesota Most Desired State for Homeownership Among Those Under 35
Minnesota ranks as the most desired state for young people buying property, with 50.8% of people under age 35 owning a home, according to...