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The average rate on a 30-year fixed mortgage dropped steadily over the summer, falling to 6.09% as of Sept. 19, according to Freddie Mac data. That’s down more than a percentage point from a ...
Mortgage applications for a newly constructed home were up a whopping 15.7% in February from a year ago, according to the Mortgage Bankers Association; and up by 1% from January.
Data from mortgage finance agency Fannie Mae last week showed house prices increased 7.4% on a year-on-year basis in the first quarter compared to a 6.6% rise in the fourth quarter.
The double whammy of mortgage rates nearing 8% and increasing home prices is continuing to keep homebuyers on the sidelines. Making matters worse, lenders are increasingly denying applicants loans...
New mortgage application activity climbed 1% from the week prior but remained 13% lower than the same week a year earlier. Housing experts are attributing depressed demand to record-high home prices.
Mortgage applications declined 5.2% for the week ending May 31, with adjustments accounting for the Memorial Day holiday, signaling a continued cooling in the housing market.Amid a backdrop of ...
Combining the latest mortgage applications data with the weak April pending home sales number puts existing home sales in May on course to dip below an annualized rate of 4 million, well below the ...
Mortgage applications surged by 9.9% in the first week of the year, a sign that lower rates are bringing homebuyers off the sidelines, according to a report released Wednesday by the Mortgage ...
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