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...
Mortgage applications for new home purchases during April were down by 2.4% from one year earlier and were also down by 10% from the previous month. According to data from the Mortgage Bankers Association (MBA) Builder Application Survey, new single-family home sales...
Pulte Says Fannie Mae and Freddie Mac Are Ramping Up MBS Purchases
