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Mortgage applications increased 2.3% from one week earlier; shelter prices accelerated last month, rising 0.4% versus 0.3% in December; home prices rose in Q4 2024 as nearly 90% of metro areas saw gains; almost a quarter of all home listings saw a price cut in January; and the Mortgage Bankers Association’s Mortgage Credit Availability Index […]

Mortgage applications increased 2.2 percent from one week earlier; home prices increased year over year by 3.4% in December 2024 compared with December 2023; Inventory remains elevated and prices continue to fall, but the pace of the market has slowed; mortgage delinquencies increased 3.98%; and home equity levels remained strong in Q4 2024. Mortgage Applications […]

Existing home sales grew by 2.2% in December, although pending home sales dropped 5.5% that same month; mortgage applications decreased 2% from one week earlier; new single-family home sales accelerated 3.6%; home price growth rose 3.8%; and a recent surge in new listings, up double digits in late January, is providing buyers with a larger […]

Mortgage applications showed a slight increase this week; applications for newly built homes increase 9%; pending homes sales fell 4.5%, the largest decline since October 2022; the national delinquency rate was at 3.72% in December; and there was a pick up in new listings with homes spending less time on the market, suggesting that buyers […]

This week, mortgage applications decreased 3.7%; new listings increased 8% year over year during the four weeks ending December 29; credit availability increased slightly in December; the Freddie Mac rate for a 30-year mortgage climbed to 6.93%; and home price growth continued to slow in October, growing at a rate of 3.60% year-over-year. Mortgage Applications […]

Pending home sales increased for a fourth month in November to the highest level since early 2023; new home sales also jumped 5.9% in November; the Freddie Mac rate for a 30-year mortgage increased again this week, rising 6 basis points to 6.91%.; mortgage applications decreased 21.9% from two weeks earlier; and the number of […]

The Federal Reserve cut interest rates by a quarter point on Wednesday; contract closings increased 4.8% to an annualized rate of 4.15 million in November; November mortgage applications to purchase a new home increased 7.2%; mortgage rates decreased for the third straight week; and the past two weeks have brought the highest combined two-week increase […]

Mortgage applications increased 5.4% from one week earlier; alternative mortgages, such as non-QM, have seen double-digit growth recently; refinance surged in September and October, as more than 300,000 mortgage refinances closed – the most in 2.5 years; credit availability tightened considerably in November; and the median listing price fell by 1.2% year over year, while […]

Home prices continued to cool in September as homebuyers struggled with inflation fatigue, according to the latest CoreLogic S&P Case-Shiller Index; mortgage application payments increased by 4.2%; new home sales dropped sharply in October after a strong showing in September; the NAR’s 2024 Migration Trends Report shows that people are heading south for more affordable […]

Mortgage applications increased 1.7% from one week earlier, and new home purchase mortgage applications increased 8.2% in October; data shows that sales of previously owned homes rose 3.4% in September; for the first time since 2010, homes with low natural disaster risk gained value faster than high-risk homes; and there was a 1.9% quarterly increase […]