Mortgage rates ticked up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.52% as of June 11, up from last week when it averaged 6.48%. A year ago at this time, it averaged 6.84%. The...
A total of 40,355 residential properties had foreclosure filings— default notices, scheduled auctions or bank repossessions — during May, down 5% from April but up 14% from May 2025. According to data from ATTOM, lenders initiated the foreclosure process on 27,304...
A buyer who purchases the median-priced home today with 20% down will pay $413,700 in interest over a 30-year mortgage at the current 6.53% rate, according to a data report from Best Interest Financial and Clever Real Estate. However, that sum is $10,500 more than the...
Mortgage application activity took a robust upswing for the week ending June 5, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.8% on a seasonally adjusted...
Existing home sales during May increased by 3.2% month-over-month and year-over-year, according to data from the National Association of Realtors (NAR). Month-over-month sales increased in the Northeast, Midwest and South, and were unchanged in the West....
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
