Mortgage application activity slowed for the week ending April 11, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 8.5% on a seasonally adjusted basis from one week...
Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
The new Best Time to Sell survey published by Realtor.com has found 70% of potential sellers thinking it is a good time to sell their homes – although market conditions are not driving that decision. The survey found 79% of potential sellers are considering selling...
Home prices were on the rise during in March, but the rate of price increases slowed for the third consecutive month. According to new data from Homes.com, a division of CoStar Group (NASDAQ: CSGP), year-over-year price increases totaled 2.2% in March, 2.7% in...
The 30-year fixed-rate mortgage averaged 6.62% as of April 10, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.64%. “The average 30-year fixed-rate mortgage continues to...
DRB Group to Launch Two Mortgage Joint Ventures in 2027
