Mortgage application activity was stagnant for the week ending Nov. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.2% on a seasonally adjusted...
Sen. John Barrasso (R-WY) has introduced legislation to abolish Biden-era environmental policies focused on the housing market. The HOUSE Act would repeal the Final Determination on energy efficiency standards for new construction of housing financed by the...
Two new data reports show home prices are still rising, albeit at a slower pace. The S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.3% annual gain for September, down from a 1.4% rise in the previous month. The 10-City Composite annual...
Home sales across Alabama slumped in October, falling 4.7% from the previous month and slipping by 1.7% from one year earlier. A total of 5,773 sales were transacted last month, according to the Alabama Association of Realtors. The 20,866 active monthly listings at...
The national mortgage delinquency rate fell by 7 basis points (bps) in October to 3.34%, down 11% year-over-year and down 53 bps from the October 2019 pre-pandemic benchmark, according to a data report from ICE Mortgage Technology, a division of Intercontinental...
The Federal Housing Finance Agency (FHFA) has raised the conforming loan limit values for the one-unit mortgages Fannie Mae and Freddie Mac will acquire in 2026 to $832,750, an increase of $26,250 from 2025. The increase is linked to the 3.26% house price increase...
Pennymac Raises Early 2027 Conforming Loan Limit to $850,000
