The nationwide level of newly listed homes grew 37.5% month-over-month in January, according to new data from Realtor.com. Newly listed homes were 10.8% above last year’s levels, an increase from December’s slight rise of 0.9%. Among the nation’s top 50...
Mortgage rates remained elevated in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.95% as of Jan. 30, down slightly from last week when it averaged 6.96%. A year ago at this time, it...
After four consecutive months of increasing sales volume, pending home sales sank by 5.5% in December. The National Association of Realtors’ (NAR) Pending Home Sales Index fell to 74.2 from November into December. Year-over-year, pending transactions declined 5.0%. An...
Nearly half (47.7%) of mortgaged residential properties were considered equity-rich in the fourth quarter of 2024, according to data from ATTOM. That level is slightly lower from the 48.3% in the third quarter and from a recent peak of 49.2% in the second quarter –...
Mortgage application activity decelerated for the week ending Jan. 24, according to data from the Mortgage Bankers Association (MBA); the data included an adjustment for the Martin Luther King Jr. holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Better Opens Investigation Into Allegations Against Vishal Garg as Board Fi…
