U.S. Housing Market
Federal Home Loan Bank of San Francisco Awards $66.3 Million in Affordable Housing Program Grants
This year’s AHP awards represent an increase over 2025’s activity, with $16.6 million more in funding supporting 14 additional developments and approximately 850 more affordable homes. Continue Reading Federal Home Loan Bank of San Francisco Awards $66.3 Million in Affordable Housing Program Grants
Elon Musk’s Former Bel Air Estate Listed at Nearly $50 Million
The listed residence was built in 1990 and has seven bedrooms, 13 bathrooms, a two-story library, a temperature-controlled 1,000-bottle wine cellar and a state-of-the-art fitness center. Continue Reading Elon Musk’s Former Bel Air Estate Listed at Nearly $50 Million
Mortgage Rates Tick Up Again
The 30-year fixed-rate mortgage averaged 6.53% as of May 28, up from last week when it averaged 6.51%, which marked a nine-month high. Continue Reading Mortgage Rates Tick Up Again
Sales of New Single-Family Homes Declined While the Median Sale Price Increased
The median sales price of new houses sold in April was $422,500, up 8.0% from the March price of $391,100. Continue Reading Sales of New Single-Family Homes Declined While the Median Sale Price Increased
Q1 Purchase Loan Origination at 12-Year Low
Refinancing activity fell 7% quarter-over-quarter to 715,818 loans, although volumes were also 24% above the first quarter of 2025. Continue Reading Q1 Purchase Loan Origination at 12-Year Low
A Phil Hall Op-Ed: Charlie Kirk and the Housing Market
The slain conservative activist expressed repeated concerns on the evaporation of affordable homeownership opportunities. Continue Reading A Phil Hall Op-Ed: Charlie Kirk and the Housing Market
Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
One in every 3,987 housing units had a foreclosure filing last month. Continue Reading Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Insurance challenges have forced one-third (33.7%) of home searchers to change the geographic area where they are looking for a home Continue Reading Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Mortgage Credit Availability Inched Up During August
“Mortgage credit availability increased slightly in August, driven by a small increase in ARM product offerings, which was similar to what we saw in July,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up During August
Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
“We have heard from our constituents, calling with real fear of being taxed out of their homes,” said Adam Mathews. Continue Reading Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
Bright MLS: Mid-Atlantic Home Sales Down in August
There were 6,000 sales in August across the Philadelphia metro area, a 1.7% drop from last August. Continue Reading Bright MLS: Mid-Atlantic Home Sales Down in August
TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
The report found more than half of renters (57%) are more likely to rent from a property manager who reports payments. Continue Reading TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
The overwhelming majority (89%) of boomers believe buying a home is almost always a good decision. Continue Reading Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
Fairway Home Mortgage in New Partnership with OpenAI
To oversee the partnership, Fairway will promote Caleb Ondrusek to executive vice president of technology and innovation. Continue Reading Fairway Home Mortgage in New Partnership with OpenAI
Housing Market Hit Record $55.1 Trillion
Seven states saw their housing markets lose value over the past year, with the biggest drops in Florida (-$109 billion), California (-$106 billion) and Texas (-$32 billion). Continue Reading Housing Market Hit Record $55.1 Trillion
