Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Nearly 45,000 homes that were delisted during 2025 were relisted for sale in January, according to a new data report from Redfin. This marked the highest January figure in records dating back to 2016, as well as a record 3.6% of homes that were on the market in...
The 30-year fixed-rate mortgage inched up to 6.00% as of March 5, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it fell below the 6.00% mark for the first time since 2022, averaging 5.98%. A year ago at this time,...
While mortgage rates are in a downturn, a new survey finds most Americans complaining that elevated home prices are keeping them out of the housing market. The survey of 1,003 adults conducted on March 2 by HomeServe, a leading residential infrastructure repair...