Gen Z accounted for one in five purchase mortgage rate locks in the second quarter, the largest share on record, according to a new data report from Intercontinental Exchange Inc. (NYSE: ICE). The report found this youthful generation represents nearly one-third of...
Mortgage rates declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.43% as of July 2, down from last week when it averaged 6.49%. A year ago at this time, it averaged 6.67%. The...
List prices during June were down 2.5% from one year earlier, marking the steepest annual decline since 2017 and the eighth consecutive month of price drops, according to data from Realtor.com. The regional year-over-year median list price declines ranged from -4.0%...
Mortgage application activity inched up slightly for the week ending June 26, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a very mild 0.04% uptick on a...
A pair of newly published data reports offer mixed results on home price activity during April. The S&P Cotality Case-Shiller US National Home Price NSA Index, covering all nine U.S. census divisions, reported a 0.8% annual gain in April, up from a 0.7% rise in...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
