Current News & Events
Canadian Home Sales Inch Up Amid Fewer New Listings
Last month’s non-seasonally adjusted national average home price was $696,078, up 0.5% from May. Continue Reading Canadian Home Sales Inch Up Amid Fewer New Listings
Declines Recorded for Mortgage Application Activity and Mortgage Credit Availability
“Mortgage credit availability decreased in June to its lowest level since December 2025,” said Joel Kan, MBA’s vice president and deputy chief economist. Continue Reading Declines Recorded for Mortgage Application Activity and Mortgage Credit Availability
First Fed Meeting Under Kevin Warsh Holds Rates Steady
The target range for the federal funds rate remains at 3.5% to 3.75%. Continue Reading First Fed Meeting Under Kevin Warsh Holds Rates Steady
California’s Median Home Price Breaks New Record
Total active listings declined on a year-over-year basis in 40 of the 53 counties tracked by CAR. Continue Reading California’s Median Home Price Breaks New Record
REMAX: Home Sales Up for Fourth Straight Month
New listings in May were down 3.3% month-over-month and down 8.4% year-over-year. Continue Reading REMAX: Home Sales Up for Fourth Straight Month
Home Sale Cancellation Rate Holds Steady at 13.6%
In Atlanta, 18.8% of home-purchase agreements were canceled in May, the highest share among the 50 most populous metros with sufficient data. Continue Reading Home Sale Cancellation Rate Holds Steady at 13.6%
Report: Elevated Credit Inquiry Velocity is Top Fraud Risk Indicator for Rental Applications
TransUnion analyzed more than 1.1 million renters who moved during 2024 and tracked charge-offs within one year after moving as a proxy for fraud-related risk. Continue Reading Report: Elevated Credit Inquiry Velocity is Top Fraud Risk Indicator for Rental Applications
Pending Home Sales Record Vibrant Upswing in May
Month-over-month and year-over-year pending home sales were up in all four regions (Northeast, Midwest, South and West). Continue Reading Pending Home Sales Record Vibrant Upswing in May
Bed Bath & Beyond Acquires Fathom Holdings for $53 Million
Fathom has also announced that Adam Rothstein, a current member of its board of directors, has been appointed interim CEO. Continue Reading Bed Bath & Beyond Acquires Fathom Holdings for $53 Million
Former Mississippi Credit Union CEO Accused of Embezzling $95 Million for Real Estate and Luxury Purchases
The NCUA filed a civil lawsuit, and it is unclear whether criminal charges will follow. Continue Reading Former Mississippi Credit Union CEO Accused of Embezzling $95 Million for Real Estate and Luxury Purchases
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications has a slight uptick to 17.5% from 17.4% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Study: America’s Best-Run City Is…
San Francisco was named the nation’s worst run city. Continue Reading Study: America’s Best-Run City Is…
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