MBA: Homebuyer Affordability Declined in February
The national median payment applied for by purchase applicants increased to $2,184 in February, up 2.4% from $2,134 in January, according to the Mortgage Bankers
The national median payment applied for by purchase applicants increased to $2,184 in February, up 2.4% from $2,134 in January, according to the Mortgage Bankers
Pending home sales increased 1.6% in February compared with January but were down 7.0% compared with February 2023, according to the National Association of Realtors
U.S. home prices fell 0.1% in January compared with December, according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted monthly home price index, which
Mortgage application volume decreased 0.7% during the week ended March 22, despite a slight decrease in mortgage rates that brought the average rate for a
PERSON OF THE WEEK: Mortgage lenders are struggling in this challenging market. As a result, many are turning their focus on their existing customers and
U.S. home prices increased 0.4% on an adjusted basis in January compared with December and were up 6.0% compared with January 2023, according to the
The total number of U.S. homes for sale climbed 5% during the four weeks ended March 17, the biggest year-over-year uptick since May 2023, according
New home sales were at a seasonally adjusted annual rate of 662,000 in February, down 0.3% compared with January but up 5.9% compared with February