Mortgage rates continued their decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15, down from last week when it averaged 6.16%. A year ago at this time, it averaged...
Foreclosure filings were reported on 367,460 residential properties in 2025, according to data from ATTOM. This marked a 14% increase from 2024 and a 3% uptick from 2023, but it was also down by 25% from pre-pandemic 2019 The 367,460 properties with foreclosure...
A new forecast from Zillow (NASDAQ: Z, ZG) is predicting that mortgage payments on a typical home will be affordable in 20 major metropolitan areas by the end of the year. If the forecast is correct, that would be highest level since 2022. In presenting its forecast,...
Mortgage applications for new home purchases in December increased by 2.5% from one year ago, according to data from the Mortgage Bankers Association (MBA). On a month-over-month measurement, applications decreased by 3%. MBA estimated new single-family home sales...
Former Vice President Kamala Harris has a new home in the swanky Point Dume section of Malibu. The New York Post reports Harris and her husband, attorney Doug Emhoff, paid $8.15 million in an off-market transaction for a 4,000-square-foot, four-bedroom, six-bathroom...
The US House of Representatives voted 263-147 to pass HR 5184, the Affordable Housing Over Mandating Efficiency Standards (Affordable HOMES) Act. The bill repeals a 2022 Department of Energy rule that placed site-built housing standards on manufactured homes. The bill...
Hits and Misses for the Real Estate Week of April 6-10
