A Phil Hall Op-Ed: Last week, I used this column to offer my opinion on Vice President Kamala Harris’ plans for fixing the challenges facing the housing market if she was elected president. This week, the column is devoted to the plans from former President Donald...
A new data report from Redfin (NASDAQ: RDFN) has determined homebuyers need an annual income of $115,454 to afford a $433,101 median priced home – a 1.4% decline from one year earlier and the first annual decline since June 2020, when mortgage rates were at a record...
The S&P CoreLogic Case-Shiller Indices recorded yet another new all-time high in July for home prices, albeit with a decelerating trend. The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 5.0% annual gain for July, down from a 5.5%...
Mortgage rates were down again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, down from last week when it averaged 6.20%. A year ago at this time, it averaged 7.19%....
Existing home sales were down 2.5% from July to August, reaching a seasonally adjusted annual rate of 3.86 million in August, according to new data from the National Association of Realtors (NAR). Year-over-year, sales fell by 4.2% from the 4.03 million sales in...
UWM Gives Underwriters Bigger Role in New Underwriting+ Program
