Mortgage rates were up for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.75% as of July 17, up from last week when it averaged 6.72%. A year ago at this...
Mortgage applications for new home purchases increased 8.5% year-over-year in June, although applications were also down 4% from May. According to new data from the Mortgage Bankers Association, new single-family home sales were running at a seasonally adjusted annual...
Builder confidence in the market for newly built single-family homes warmed slightly in July with the passage of the One Big Beautiful Bill Act, but full-blown optimism was weighed down by elevated interest rates and uncertainty over the economy. The National...
A total of 187,659 residential properties carried foreclosure filings in the first six months of the year, according to new data from ATTOM. This represents a 5.8% increase from the same time-period in 2024 and up 1.1% from the same period in 2023. The states that...
A total of 4,612 listings were sold in Kentucky during June, a 2.68% uptick from May and a 10.1% spike from June 2024. According to data from Kentucky Realtors, the state offered 6,481 listings in June, down by 4.19% from the previous month but also up 8.3% from one...
Andy Florance, the founder and CEO of CoStar Group (NASDAQ: CSGP) and Homes.com, took aim at Zillow (NASDAQ: Z, ZG) for its new ban on private listings. In April, Zillow announced it was enacting the National Association of Realtors’ Clear Cooperation Policy with “new...
New York State Home Sales Slowed While Prices Increased
