After five consecutive weeks on the rise, mortgage rates finally took a very mild dip. According to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC), the 30-year fixed-rate mortgage averaged 6.67% as of Aug. 13, down from last week when it...
A new data report from the Mortgage Bankers Association (MBA) determined that 2,530 different multifamily lenders originated a total of $381.8 billion in new mortgages for multifamily properties with five or more units during 2025. Last year’s multifamily lending...
The July housing market had 51.3% more home sellers than buyers, according to data from Redfin. That imbalance was slightly below December’s peak of 51.8% and up from the 47.9% share recorded in June. Nationwide, there were an estimated 966,752 buyers in the...
The delinquency rate for mortgage loans on one-to-four-unit residential properties during the second quarter decreased to a seasonally adjusted rate of 4.37% of all loans outstanding, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
Mortgage application activity trended higher during the week ending Aug. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.6% on a seasonally adjusted basis...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
