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....
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...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
