Single-family housing starts in April were at a rate of 930,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This represents a 9% drop from the revised March figure of 1.02 million. Privately-owned housing starts in...
The number of new listings posted in April outpaced home sales, according to the latest REMAX National Housing Report. April home sales grew 7.6% over March and were a mere 0.1% higher from one year earlier. However, new listings increased 10.5% during month-over,...
Mortgage application activity declined during the week ending May 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 2.3% on a seasonally adjusted basis from...
Pending home sales in April were up by 1.4% from March and up by 3.2% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Northeast, Midwest and West, and declined in the South. Year-over-year...
The typical down payment during the first quarter was $23,400, a 19% decline from one year before. According to new data from Realtor.com, this marked the fourth consecutive quarterly decline in down payments and the lowest level since 2021. And while it was above the...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
