Mortgage application activity was on the rise for the week ending Aug. 2, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 6.9% on a seasonally adjusted...
Total household debt increased by $109 billion in during the second quarter to $17.80 trillion, a 0.6% uptick, according to new data from the Federal Reserve Bank of New York. Regarding housing debt, the new data report found mortgage balances up by $77 billion from...
A new report has concluded that Denver needs more housing – specifically, 52,000 housing units for the short-term and more than 500,000 by 2050. According to a Denver7.com report, the report from the Denver Regional Council of Governments (DRCOG), the demographic is...
Home price growth cooled for the second consecutive month in June as year-over-year gains inched down to 4.7%, according to new data from CoreLogic. This is down slightly from the 4.9% year-over-year gains in May. However, June also marked the 149th consecutive month...
Columbus, Ohio, was ranked as the top location for homebuyers in Realtor.com’s newly published ranking of the “Most Popular Markets People Are Moving To.” “Using Realtor.com online traffic data, we identified markets that received the most...
Nearly one in every five (17.3%) house hunters are willing to sacrifice their physical safety to find a home they can afford within the next year, according to a new survey of 3,000 homeowners and renters from Redfin (NASDAQ:RDFN). Among age demographics, nearly one...
