Mortgage application activity slowed during the week ending May 1, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.4% on a seasonally adjusted basis from one...
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 682,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. The activity for March was 7.4% above the February rate of...
Single-family home prices during March were up by 0.4% on both a month-over-month and year-over-year measurement, according to a data report from Cotality. Among states, Illinois saw the most annual growth in March, increasing by 5.7%. It was followed by New Jersey...
A new survey released by Veterans United Home Loans has discovered a rather considerable amount of incorrect assumptions by prospective homebuyers when it comes to acquiring a property. More than one-third of respondents (34%) were under the impression that they...
After three consecutive weeks of declines, mortgage rates took an upturn in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of April 30, up from last week when it averaged 6.23%. A...
WT Realty Strikes $600 Million SPAC Deal to Go Public on Nasdaq
