Mortgage applications were on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending March 7. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11.2% on a seasonally adjusted basis...
The Trump administration is planning to end a $1 billion Biden-era program designed to upgrade affordable housing structures with energy efficiency improvements. The Associated Press reports that it obtained an internal document from the Department of Housing and...
A total of 32,383 residential properties carried foreclosure filings in February, up 5% from January but 1.7% lower than the level recorded in February 2024. According to data from ATTOM, one in every 4,395 housing units had a foreclosure filing in February. States...
Mortgage credit availability increased in February, according to data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) inched up by 1.4% last month to 100.4; the index was benchmarked to 100 in March 2012. The...
Rep. Rosa DeLauro (D-CT), the Ranking Member of the House Appropriations Committee, has put forth a “fact sheet” detailing how the Republican-backed Continuing Resolution (CR) will jack up American housing costs. The 82-year-old, purple-haired DeLauro is claiming the...
A new data report from Redfin (NASDAQ: RDFN) has reached the conclusion that the wealthiest 1% of Americans have the financial capacity to buy 99% of the nation’s homes. How does that work? According to Redfin, the combined value of nearly 100 million American homes...
