More than one in four homes (26%) representing $12.7 trillion in real estate value are exposed to severe or extreme climate risks, according to a new data report by Realtor.com. The new reported nearly 6 million homes valued at $3.4 trillion are likely to experience...
Mortgage application activity decelerated for the week ending Aug. 29, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis from...
A new report by the Rocket Companies (NYSE: RKT) division Redfin is speculating housing costs could return to “normal” by 2030 – but only if home-price growth stabilizes and mortgage rates fall to 5.5%. Redfin defined “normal” as the July 2018 housing market when...
Treasury Secretary Scott Bessent has announced President Trump is considering the declaration of a national housing emergency. Bessent stated in an interview with the Washington Examiner that the declaration could occur as early as this fall, adding that housing...
A total of 1.76 million mortgages secured by residential property (one to four units) were issued in the second quarter, a 19.4% surge from the prior quarter and a 6.3% increase from the same period last year. According to data from ATTOM, the second quarter’s $601.7...