Mortgage application activity was on the rise again, according to Mortgage Bankers Association (MBA) data for the week ending Dec. 1. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.8% on a seasonally adjusted basis from...
While mobile homes are traditionally less expensive than site-built single-family housing, new data from LendingTree (NASDAQ:TREE) has determined the prices of mobile housing has spiked higher. The average sales price of new mobile homes sold in the U.S. rose by 77.1%...
Prices on single-family homes posted a 4.7% year-over-year increase during October, according to new data from CoreLogic. On a month-over-month basis, home prices inched up by 0.2% from September. Regionally, the highest annual appreciation during October was in the...
Tech Trends: Two big events have hit the real estate world recently. First, the National Association of Realtors lost a big lawsuit that could force future changes to how real estate sales are done. Second, interest rates have been declining for five weeks straight....
Prospective homebuyers may be running out of patience for home prices and interest rates to fall before buying property, according to new data from the Bank of America (NYSE:BAC) Homebuyer Insights Report. According to the report, 62% of buyers are willing to wait for...
FICO Shares Plunge More Than 20% as Mortgage-Scoring Competition Intensifie…
