A new data report from Redfin has found 14% of home sale agreements that went under contract in July were cancelled, up 13.7% from June. Last month’s cancellations marked the highest share in nearly three years on a seasonally adjusted basis. Redfin noted the deals...
Mortgage rates declined for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.65% as of Aug. 20, down from last week when it averaged 6.67%. A year ago at...
A new data report from ATTOM has determined that 41.1% of mortgaged residential properties in the second quarter were equity-rich, down from 43.3% in the first quarter and from 47.4% in the second quarter of 2025. After four straight quarters of decline, the national...
Mortgage applications for new home purchases during July were down by 1% from the prior month and down 5.7% from one year before, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running at a...
Nationwide home sales during July were down 5.7% from the previous month but were 2.5% higher than one year earlier, according to the REMAX National Housing Report. In the 46 metro areas surveyed for the report, new listings last month were down 2.7% from June but...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
