Median sales prices fell for the second consecutive month in the latest housing report published by RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX) In the 49 metro areas surveyed by RE/MAX during August, the median sales price was $440,000, 1.1% below July’s...
A monthly mortgage payment is less expensive than rent in 22 of the nation’s 50 largest metros, according to new data from Zillow (NASDAQ: Z, ZG). The new data determined the typical rent payment nationally is $2,063 a month while the typical mortgage payment is...
Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. A year ago at this time, it averaged...
Mortgage-rate locks for second homes plummeted by 13.1% year-over-year in August to the lowest level since March 2016 on a seasonally adjusted basis, according to new data by Redfin (NASDAQ: RDFN). In comparison, mortgage-rate locks for primary homes declined 5.2%....
A total of 30,227 residential properties had foreclosure filings in August, according to new data from ATTOM. This is down 5.3% from July and down 11% from August 2023. Nationwide, one in every 4,662 housing units had a foreclosure filing last month. The states with...
UWM Gives Underwriters Bigger Role in New Underwriting+ Program
