The 30-year fixed-rate mortgage averaged 6.30% as of April 16, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTGCQB: FMCC). This is down from last week when it averaged 6.37% and is the second consecutive week of a declining rate. A...
A total of 118,727 residential properties had a foreclosure filing during the first quarter of this year, according to data from ATTOM. That figure is up by 6% from the previous quarter and up by 26% from one year ago. One in every 1,211 housing units had a...
Mark Zuckerberg’s $170 million Miami estate purchase was the most expensive US home sale in March, according to new data from Redfin. The property, based on an island known as the “Billionaire Bunker,” was also the most expensive home ever sold in Miami-Dade County....
Midwestern markets dominated the new WalletHub report “Cities with the Most Affordable Rent,” which analyzed the median annual gross rent across more than 180 cities and compared it with the median household income in each location. The report found Bismarck, North...
Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding grew to $2.91 trillion as of March. Ginnie Mae issued $46.1 billion in total MBS last month, resulting in net portfolio growth of $4.16 billion. The issuance included $44.5 billion in...
Builder confidence in the market for newly built single-family homes evaporated in the latest Housing Market Index (HMI) published by the National Association of Home Builders (NAHB), dropping four points in April to 34, its lowest level since September 2025. Any...
