The national housing deficit remained at 4.7 million units in 2024, rising by just 43,000 homes, according to a new Zillow report based on US Census Bureau data. Zillow attributed the steady deficit level to a homebuilding boom that increased the total number of...
A pair of new data reports from the Mortgage Bankers Association (MBA) found mortgage application activity and mortgage credit availability in decline. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.7% on a seasonally...
The median asking monthly rent across the 50 largest metros during June was $1,692, down by 1.5%, or $25, from one year ago. According to data from Realtor.com, June marked the 35th straight month of year-over-year declines. The median asking monthly rent is now $72...
Florida and Arizona dominated the higher rankings of WalletHub’s latest data report “Best & Worst Cities for First-Time Homebuyers in 2026,” while California cities occupied most of the list’s lower ranking levels. For this report, WalletHub number-crunched data...
Mortgage rates registered a mild uptick in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.49% as of July 9, up from last week when it averaged 6.43%. A year ago at this time, it averaged...