Home prices were up 77% of metro markets (176 out of 230) during the third quarter, up from 75% in the second quarter. According to new data from the National Association of Realtors, 4% of metro areas recorded double-digit price gains in the third quarter, down...
During August, 7.3% of mortgaged homebuyers used a VA loan, up from 6.5% one year earlier, according to a data report from Redfin. This marked the highest share for that month since 2019. Nationwide, the number of VA loans rose 3% year-over-year in August, while the...
Mortgage application activity declined during the week ending Oct. 31, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.9% on a seasonally adjusted basis from...
The percentage of first-time home buyers has reached a record low while the typical age of first-time buyers hit a 40-year high, according to the 2025 Profile of Home Buyers and Sellers report published by the National Association of Realtors (NAR). For the...
NewDay USA has rolled out NewDay Home, a product designed to help veterans and servicemembers achieve homeownership. According to the West Palm Beach, Florida-based company, NewDay Home enables qualifying borrowers to secure a fully underwritten, credit- and...