Builder sentiment began 2025 with a mild upswing, despite concerns over how building material tariffs and costs and a larger government deficit could impact inflation and mortgage rates. Builder confidence in the market for newly built single-family homes was 47 in...
Canada recorded 245,120 housing starts in 2024, up 2% year-over-year, according to data from the Canada Mortgage and Housing Corporation (CMHC). The vast majority of housing starts (245,120) were in markets with populations of 10,000 and greater, while an estimated...
The Federal Communications Commission (FCC) has issued a warning about a deceptive and fraudulent calling campaign targeting homeowners across the country. The agency identified the source of the fraud as a calling campaign dubbed “Green Mirage,” which has been...
The Consumer Financial Protection Bureau (CFPB) issued a new report that found homeowners who face flooding from rivers and creeks were more likely to be underinsured than residents of coastal areas. The report, which used a sample of mortgage applications from...
The 30-year fixed-rate mortgage broke through the 7% mark this week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 7.04% average as of Jan. 16, up from last week when it averaged 6.93%. One year ago at this time, it...
New data from ATTOM found foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 322,103 residential properties in 2024, down 10% from 2023 and down 35% from pre-pandemic 2019. Those properties with foreclosure filings last...
