Mortgage application activity recorded a slight decline in data from the Mortgage Bankers Association covering the week ending Dec. 13. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 0.7% on a seasonally adjusted basis...
Single-family housing starts in November were at a rate of 1.01 million, according to new data from the US Census Bureau and the US Department of Housing and Urban Development. This is 6.4% above the revised October figure of 950,000. Privately-owned housing starts in...
Builder confidence in the market for newly built single-family homes held steady this month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The latest HMI reading of 46 was unchanged from November; any number over...
November home sales were up 6.3% year-over-year, according to new data from RE/MAX LLC, a division of RE/MAX Holdings Inc. (NYSE: RMAX). November marked the seventh time during 2024 that a month’s home sales topped its 2023 counterpart. However, on a month-over-month...
Property taxes form the bedrock of local governance in the United States, yet their implications extend far beyond revenue generation. As one of the oldest forms of taxation, property taxes are deeply rooted in the nation’s history, reflecting a tradition of...
UWM Gives Underwriters Bigger Role in New Underwriting+ Program
