A pair of new data reports showed a slight decline in mortgage rates and a slight uptick in homebuyer affordability. The 30-year fixed-rate mortgage averaged 6.72% as of July 31, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC)....
Tri Pointe Homes Inc. (NYSE: TPH) has opened its first Utah community with Polaris at Terraine in West Jordan. The new community will begin sales on Aug. 2 with an initial 32 single-family homes up to 3,400 square feet (including finished basements), featuring three...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose for the first consecutive month during July, with a 10-basis-point uptick to 7.23%. Year over year, the overall CMBS delinquency rate is up 180 basis points from 5.23%. According to data from...
Honesty is not the best policy for many credit-seeking Americans, according to the “2025 Consumer Survey: Fraud, Identity and Digital Banking US” report published by FICO (NYSE: FICO). The survey of 1,000 adults found that up to one-third of respondents stating that...
Altamonte Springs, Florida-based Stellar MLS has announced CEO Merri Jo Cowen will step down from her leadership role in the first quarter of 2026, with Chief Operations Officer Shayne Fairley succeeding her. Cowen has led Stellar MLS since 2008, while Fairley joined...
A new report is citing the rising costs of materials and labor as a contributing factor to the cancelation of several home renovation series on HGTV. HGTV has canceled seven shows over the past several weeks – “Christina on the Coast,” “The Flipping El Moussas,”...
I Sat In a Room and Watched Someone Describe America’s Mortgage Appli…
