After a down week, mortgage application volume is on the rise, with sub-3% rates powering refi volume as more and more are taking advantage of record-low rates.
Read More »Affordability Challenges Continue to Haunt Homebuyers
Housing affordability is on the decline for the third consecutive month, continuing to walk the fine line between supply and material issues and overall demand.
Read More »Record Gains Found in May Home Prices
Home price data in May resulted in the highest readings in more than 30 years for S&P CoreLogic Case-Shiller recording the metric.
Read More »Supply Constraints Holding Back Potential Sales
With a 6.6% monthly drop-off, sales of new single‐family homes fell in June, as builders continued to feel the squeeze of an uptick in labor and material costs.
Read More »Jerry Mauricio to Head Up Compliance Efforts at Freddie Mac
GSE adds SVP and Chief Compliance Officer to oversee regulatory and conservatorship obligations.
Read More »The Week Ahead: Home Valuations and Racial Disparities in Housing
HUD will host a virtual discussion covering President Biden's recent charge on a new initiative designed to decrease the racial housing gap for all.
Read More »New Home Purchase Apps Fall 23.8% YoY in June
June home sales suffered for the third straight month, due to a rise in regulatory costs, high-priced materials, and a lack of labor.
Read More »Mortgage Rates Continue a Downward Spiral
As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.
Read More »Repairing the Housing System’s Structural Issues
HUD Secretary Marcia L. Fudge testified before the House Financial Services Committee on measures President Biden has taken to create a more level playing field in housing for all.
Read More »Mortgage Apps Continue to See-Saw
The up again/down again world of mortgage applications continued this week, dropping after a week of upticks.
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