Mortgage applications for new home purchases in May were down by 3% from the prior month, but they were also up by 3.8% from one year earlier. According to the Mortgage Bankers Association, new single-family home sales were at a seasonally adjusted annual rate of...
Home sales during May were up for the fourth consecutive month in May with a 7.9% increase from April. However, the latest REMAX National Housing Report also noted that sales dipped 0.5% from one year earlier. Across the 51 metro areas surveyed for the report, overall...
Pending home sales in May experienced a 3.8% month-over-month increase and a 4.8% year-over-year upswing, according to data from the National Association of Realtors (NAR). Month-over-month and year-over-year pending home sales were up in all four regions (Northeast,...
Mortgage application activity slowed during the week ending June 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.8% on a seasonally adjusted basis from...
Single-family housing starts in May were at a rate of 882,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 1.9% below the revised April figure of 899,000. Privately-owned housing starts in May were at a...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
