While most number-crunching housing data reports emphasize the best markets across the country, the folks at GoBankingRates.com decided to accentuate the negative with their new list of the worst housing markets for growth. In compiling this problematic data, the site...
Last year ended with an uptick in mortgage credit availability, according to data from the Mortgage Bankers Association (MBA). In December, the MBA’s Mortgage Credit Availability Index (MCAI) was up by 0.7% to 96.6; the index was benchmarked to 100 in March 2012. The...
A last-minute slew of Biden administration lawsuits, a special advisor for the NAR chief and Justin Trudeau opens the Exit door. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 6-10. Miss: Last Minute Lawsuit. During his...
In 2024, I penned an article highlighting the alarming trend of renters outpacing homeowners in the United States. The data was clear: renter households were growing three times faster than homeowner households, driven by government overregulation, restrictive zoning...
Mortgage rates came closer to the 7% level in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.93% as of Jan. 9, up from last week when it averaged 6.91%. A year ago at this time, it averaged...
Mortgage Rates Break 7% for First Time Since January 2025
