Mortgage application activity was on the rise last week while mortgage credit availability was in decline last month, according to two new data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan...
Existing home sales during increased squeaked up by 0.2% from March, according to the National Association of Realtors (NAR). There was no change from the volume of sales recorded one year earlier. Month-over-month sales increased in the Midwest and the South, were...
Redfin announced the US debut of Sunscore, a property-level score that informs prospective buyers how much natural light a residential property receives. The launch marks an exclusive US partnership with the Austrian company Shadowmap, which developed Sunscore’s...
Mortgage rates were on the rise for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. A year ago at...
A new data report from ATTOM determined that 43.3% of mortgaged residential properties during the first quarter were equity rich, down from 44.6% in the previous quarter. This marked the lowest share of equity rich residential properties since the fourth quarter of...
Rentana Targets Apartment Lease-Up Pricing With New Forecasting Tool
