Mortgage rates climbed in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. A year ago at this time, it averaged 6.65%. The 15-year...
The US Senate voted 89-10 to pass the 21st Century ROAD to Housing Act, a bipartisan bill designed to address the challenges facing the housing market. However, leaders within the housing industry offered a mixed response to the bill’s contents and goals. The...
It seems the housing market is starting to resemble a “Golden Girls” episode as the rising costs of housing has fueled a growing trend of people over 65 living in roommate settings. According to a data report from the roommate connection platform SpareRoom, while the...
A total of 38,840 residential properties had foreclosure filings during February, down 4% from the prior month but up 20% from one year earlier. According to data from ATTOM, lenders started the foreclosure process on 25,928 residential properties last month, down 2%...
Mortgage application activity was on the rise for the week ending March 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.2% on a seasonally adjusted basis...
Mainstay Raises $18 Million and Buys Truelist in Push Into Real Estate Brok…
