Single‐family housing starts in October were at a rate of 970,000, according to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This represents a 0.2% uptick from the revised September figure of 968,000. Privately‐owned...
Mortgage applications for new home purchases during October were up by 6% from September and up by 39.7% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running at a...
Builder confidence in the market for newly built single-family homes fell six points to 34 this month, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marks the fourth consecutive monthly drop in...
Atherton, California, has less than 7,200 residents but more super-expensive homes than any other U.S. locality, according to PropertyShark’s 2023 listing of the nation’s most expensive ZIP Code. Atherton’s 94027 ZIP Code saw a 2023 median home sale price of $8.3...
Mortgage rates continued to decline for the third consecutive week in the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.44% as of Nov. 16, down from last week when it averaged 7.5%. A year ago at this...
Its official nickname is The North Star State and it is frequently referred to as The Land of 10,000 Lakes, but a new data study from WalletHub could result in a new moniker for Minnesota: The Credit Score State. In a number crunch of the average credit scores of...
