The number of programs offering down payment assistance increased by 43 during the first quarter, a 2% quarterly uptick that brought the total number of available programs to 2,509, according to data from Down Payment Resource (DPR). The nationwide average benefit...
During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
Mortgage applications for new home purchases during March was up 5.5% year-over-year and up 14% month-over-month, according to data from the Mortgage Bankers Association. MBA estimated new single-family home sales were running at a seasonally adjusted annual rate of...
The National Association of Hispanic Real Estate Professionals (NAHREP) is warning that efforts to encourage private listings will disrupt efforts to ensure fair access to the housing market. In an unattributed statement, the organization declared, “Recent...
The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) showed the 30-year fixed-rate mortgage rising for the first time in 13 weeks, although the government-sponsored enterprise insisted on emphasizing the positive aspects of this development. The...
DRB Group to Launch Two Mortgage Joint Ventures in 2027
