The US housing market had a total of 39,906 residential properties with foreclosure filings during July, up 1% from the prior month and up 10% from one year ago. According to data from ATTOM, one in every 3,603 housing units nationwide had a foreclosure filing last...
Homebuyer affordability improved in July, with the national median mortgage payment applied for by purchase applicants decreasing to $2,175 from $2,191 in June. According to data from the Mortgage Bankers Association (MBA), last month’s national median mortgage...
Mortgage application activity slowed for the week ending Aug. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 1% on a seasonally adjusted basis from one...
Sales of new single-family houses in July were at a seasonally adjusted annual rate of 607,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This is 10.5% below the June rate of 678,000 and is 6.3% below the...
Two new data reports have affirmed the continuation of year-over-year home price acceleration. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.5% annual gain in June, up from a 1.2% rise in the previous month. The 10-City Composite...