Mortgage application activity soared during the week ending Jan. 9, according to data from the Mortgage Bankers Association (MBA). The data included an adjustment for the New Year’s Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
The Mid-Atlantic region tracked by Bright MLS recorded 235,565 total home sales in 2025, up by a scant 0.1% compared to 2024. But while December sales were up 3.8% year-over-year, that year-end bump-up wasn’t enough to offset the year’s lethargic sales total. Last...
Sales of new single-family houses during October were at a seasonally adjusted annual rate of 737,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This is 0.1% below the September rate of...
Kansas lawmakers are considering a resolution that would update the state constitution with a new cap on the amount that a home’s assessed value can jump each year. KMBC reports Senate Concurrent Resolution 1616 from Republican Sen. Caryn Tyson will mandate that a...
A coalition of San Francisco neighborhood, business and civic organizations has filed a lawsuit against the city to block the new Family Zoning Plan that seeks to build taller and denser housing developments in the city’s north and west sides. The plan, also known as...
The Trump administration is dropping its efforts to push for 50-year mortgages as a strategy to encourage affordable homeownership. In November, Federal Housing Finance Agency Director Bill Pulte encouraged President Trump to float the idea for the 50-year mortgage....