Mortgage applications activity continued to evaporate, according to data from the Mortgage Bankers Association (MBA) for the week ending Sept. 29. The Market Composite Index, the trade group’s measure of mortgage loan application volume, dropped by 6% on both a...
Home prices were up year-over-year for the 139th consecutive month in August, according to new data from CoreLogic. August’s annual 3.7% home price gain was the highest since last February, and home prices ended the month 42% higher compared to the beginning of the...
The U.S. foreclosure rate held steady in July for the 17th consecutive month in July at 0.3% while the serious delinquency rate (90 days or more late) dropped to a 23-year low at 1%, according to new data from CoreLogic. During July, 2.7% of all mortgages were in some...
Mortgage rates have reached a level not seen since Bill Clinton was in the White House, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.31% as of Sept. 28, up from last week when it...
The absence of affordable homeownership opportunities worsened during the third quarter, according to new data from ATTOM. Increasing home prices and mortgage rates have resulted in a new environment where the typical portion of average wages nationwide required for...
Greystone Provides $167 Million for 257-Unit Miami Affordable Housing Devel…
