Mortgage rates inched up slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20, up from last week when it averaged 6.24%. A year ago at this time, it averaged 6.84%....
A new report from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions (CGS) has determined that corporate entities and investors now own 8.9% of residential parcels in 500 counties, or roughly one in 11 parcels. The report observed that...
Existing home sales in October increased by 1.2% from September, according to the National Association of Realtors (NAR). Compared to one year earlier, sales were up 1.7%. A total of 1.52 million units were part of October’s housing inventory, down 0.7% from the prior...
During the third quarter, 1.77 million mortgages were originated for residential properties with one to four units, a 1.6% decrease from the prior quarter but a 1.9% increase from the same period one year earlier. According to data from ATTOM, the $600.4 billion in...
The legendary French chanteuse Edith Piaf’s signature song “No, I Have No Regrets” appears to be the recurring theme in today’s US housing market, as a new report from Realtor.com found post-purchase buyer regret fell from 15% in 2023 to just 8% this year. The...
Mexico Restricts Travel in 24 Municipalities as Category 4 Hurricane Simon …
