The national mortgage delinquency rate rose by 7 basis points (bps) in February to 3.72%, driven by a 4% seasonal rise in early (30-day) delinquencies and a 3% rise in seriously delinquent (90-plus day) loans. According to data from Intercontinental Exchange Inc....
Mortgage application activity slowed during the week ending March 20, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 10.5% on a seasonally adjusted basis from one...
More than 42,000 home sale agreements fell through in February, equal to 13.7% of properties that went under contract during the month. According to a data report from Redfin, this is up from 12.8% one year earlier, and it marks the highest February share in records...
The median listing price for a mobile home during February was $141,450, a 5.7% year-over-year decrease, according to a report from Realtor.com. In comparison, the median single-family home last month was $410,000. Realtor.com noted that under current market...
A new data report published by Redfin has determined there were an estimated 46.3% more home sellers than buyers in the housing market in February – a numerical gap of 629,808. This is up from 29.8% (or 449,409) from one year earlier and marked the largest imbalance...
Redfin’s Housing Affordability Scenarios Stretch From 2029 to Beyond 2036
