Mortgage rates continued to rise and nearly hit the dreaded 7% mark, according to Freddie Mac’s (OTCQB:FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.96% as of July 13, up from last week when it averaged 6.81%. A year ago at...
The median home sale price increased year-over-year by 1.5% during the four weeks ending July 9, according to data from Redfin (NASDAQ:RDFN), which noted this was first increase in nearly five months. The median home sale price of $383,750 was only $2,500 below record...
The first half of the year saw a recorded total of 185,580 U.S. properties with foreclosure filings, according to new data from ATTOM. This represents a 13% year-over-year increase. Nationwide, 0.13% of all housing units (one in every 752) had a foreclosure filing in...
Boston Mayor Michelle Wu has unveiled a program offering tax incentives that will encourage the conversion of downtown office buildings into residential housing. According to an Associated Press report, the program will accept applications through June 2024 and...
U.S. Bank (NYSE:USB) has launched a mortgage special purpose credit program designed to expand access to homeownership within predominantly minority communities. The U.S. Bank Access Home Loan provides qualified borrowers with up to $12,500 in down payment assistance...
ICE Launches Loan-Level Pricing Service for Residential Whole Loans
