Mortgage rates dived ahead of the Thanksgiving holiday, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. A year ago at this...
A Phil Hall Op-Ed: If you were watching TV in the 1980s, you probably recall Clara Peller. She a diminutive elderly lady who appeared in commercials for the Wendy’s restaurant chain, and she is best remembered as the unimpressed patron of a fast-food joint who is...
Mortgage application activity was stagnant for the week ending Nov. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.2% on a seasonally adjusted...
Two new data reports show home prices are still rising, albeit at a slower pace. The S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.3% annual gain for September, down from a 1.4% rise in the previous month. The 10-City Composite annual...
The national mortgage delinquency rate fell by 7 basis points (bps) in October to 3.34%, down 11% year-over-year and down 53 bps from the October 2019 pre-pandemic benchmark, according to a data report from ICE Mortgage Technology, a division of Intercontinental...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
