Mortgage credit availability increased slightly in May according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by a scant 0.1% to 108.0 in May; the index was benchmarked to 100 in March...
Homeowners tapped equity during the first three months of the year at the highest first-quarter levels since 2021, according to data from Intercontinental Exchange, Inc. (NYSE: ICE). The increase was primarily attributed to second-lien lending (54% of equity...
Florida and California led the nation as the states with the riskiest county-level housing markets, according to a new data report from ATTOM. Of the nation’s 50 riskiest counties, 12 were in Florida, nine in California, and five each in Illinois and New Jersey. The...
Mortgage rates declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.48% as of June 4, down from last week when it averaged 6.53%. A year ago at this time, it averaged 6.85%. The...
A new survey has found more than three-quarters of Americans are willing to buy a home even if the property or the surrounding area is less than desirable. The survey of 1,000 adults by Clever Real Estate found 57% of respondents would not consider mold to be a...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
