Volumes

“Mortgage rates once again breached the 7% mark in August, hitting a 22-year high and doing no favors for consumer sentiment,” said Doug Duncan, Fannie Mae SVP and Chief Economist.

“The housing market appears to be stuck heading into autumn, with sales activity likely to stay stagnant until housing inventory increases, and mortgage rates decline to more affordable levels,” said MBA President and CEO Bob Broeksmit. Click through to read more on this week's mortgage rates.

Despite a slight dip in mortgage rates, the MBA reports that mortgage application volume has fallen to lows last reported in December 1996, as rates and housing inventory continue to serve as major barriers to entry into the housing market.

After settling FTC concerns order over antitrust issues surrounding ICE’s acquisition of Black Knight, the deal has been finalized, with federal regulators dropping their opposition to the acquisition.

Newest Board member of Fay Financial brings 30 years of experience in residential mortgage, community banking, affordable housing, and diversity and inclusion initiatives to his new role.

A new study reveals that homes marketed through a multiple listing service sell for approximately 18% more than the average asking price.  

RentCafe has examined the top U.S. cities that renters with families are settling down in, and of the estimated 68 million Americans raising children while renting, the South overwhelmingly provided them with the best options.

An analysis of U.S. Census Bureau data has found that the average square footage of a house in America is at its lowest point since 2010. 

The Black Knight Home Price Index hit another all-time high in July, with the annual rate of growth jumping to +2.3% from a revised +0.9% in June

After the fixed-rate mortgage hit levels recorded 21 years ago, Freddie Mac reported a five-basis point week-over-week slip in rates, and despite continued high rates, the nation’s short supply is keeping house prices steady.