The median luxury home sale price rose 4.7% year-over-year to $1.37 million during the three months ending May 31, according to a data report from Redfin. That surge is more than triple the 1.5% gain in non-luxury sale prices. Pending sales of luxury homes rose 5.2%...
Purchase loan closing costs declined nationwide by an average of 2.9% from 2024 to 2025, according to a new data report released by LodeStar Software Solutions. The decline was attributed to a drop in home prices, which reduced transfer tax burdens across many...
Roughly one in five (19.1%) prospective homebuyers looked to move from one part of the country to another during the first quarter, according to a new data report from Redfin. That share is up slightly from the 18.9% level recorded one year earlier and marked the...
The national mortgage delinquency rate rose 15 basis points to 3.50% in May, according to data from Intercontinental Exchange Inc. (NYSE: ICE). However, that uptick was attributed to a calendar anomaly. Andy Walden, head of mortgage and housing market research at ICE,...
Mortgage rates recorded a scant upward movement in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. A year ago at this time, it...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
