Mortgage rates hit their lowest level since September 2022, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.01% as of Feb. 19, down from last week when it averaged 6.09%. A year...
Pending home sales during January dropped by 0.8% from the prior month and by 0.4% year-over-year, according to the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South....
A new data report from ATTOM found 1.33% of US residential properties, or nearly 1.4 million homes, were vacant during the first quarter of this year. That was essentially the same level as the 1.32% rate from both the previous quarter and the first quarter of 2025....
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
The uncommonly severe winter weather in Maine slowed but didn’t stop the local housing market, as 778 single-family existing homes changed hands in January, a 9.53% decline from one year earlier. According to the Maine Association of Realtors, the decline in sales was...
A Phil Hall Op-Ed: For too long, the question of increasing affordable homeownership opportunities has been ignored by government leaders. Lately, however, it seems that everyone has an idea on how this elusive goal can be obtained. But all the latest plans being...
