The second quarter delinquency rate for mortgage loans on one-to-four-unit residential properties declined to a seasonally adjusted rate of 3.93% of all loans outstanding, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 11...
A total of 36,128 residential properties had foreclosure filings in July, up 11% from the prior month and up 13% from one year earlier. According to data from ATTOM, one in every 3,939 housing units had a foreclosure filing in July. The states with the worst...
Mortgage application activity took a substantial increase for the week ending Aug. 8 thanks to an uptick in refinance inquiries, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application...
Multifamily developers expressed increased a slightly higher degree of confidence in their market during the second quarter, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two...
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
Freddie Mac (OTCQB: FMCC) announced the expansion of its CHOICEHome conventional financing options to include modern single-section manufactured homes. Previously, Freddie Mac provided multi-section factory-built homes with a 3% down payment option. As of today,...
