The national median payment carried by purchase loan applicants increased in May to $2,211 from $2,186 in April, according to new data from the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index report. For borrowers applying for...
The latest US Home Affordability Report published by ATTOM has determined owning a median-priced home in the second quarter was less affordable than historical averages in 99.3% of the counties (575 out of 579) with sufficient data to analyze. This is up slightly from...
Pending home sales during May were up by 1.8% from April and up 1.1% from one year earlier, according to the National Association of Realtors (NAR). All four regions experienced month-over-month increases while contract signings were up year-over-year only in the...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has opened the door to enable the use of cryptocurrency in the mortgage market. Posting on his X account, Pulte announced, “After significant studying, and in keeping with President Trump’s vision to make the...
Sales of new single-family houses in May were at a seasonally adjusted annual rate of 623,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This marked a 13.7% slide from the April rate of 722,000 and is...
The 10 most expensive home sales during May were based entirely in Southern California, Florida and Manhattan, according to a new report from Redfin (NASDAQ: RDFN), with four of the homes selling for $55 million or more and all selling for more than $30 million. Last...
