Investor home purchases recorded a mild 2% year-over-year uptick during the fourth quarter of 2025, totaling under 50,000, although activity was significantly stronger in several West Coast markets. According to new data from Redfin, nearly one in 10 (9.2%) homes sold...
Mortgage application activity enjoyed a vigorous upswing during the week ending Feb. 27, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally...
The housing supply gap reached an estimated 4.03 million homes in 2025, increasing from 3.8 million in 2024, according to a new data report from Realtor.com. Last year saw the formation of approximately 1.41 million households, compared with 1.36 million housing...
As the 30-year fixed-rate mortgage fell below 6% for the first time since 2022, Federal Housing Finance Agency Director Bill Pulte has credited President Trump as being the only reason that decline occurred. In a post on his personal X account, Pulte cheered,...
The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...