U.S. Housing Market
California Home Sales Ended 2025 on the Rise
For 2025 as a whole, the state recorded an annual sales level of 271,590, an increase of 0.9% from the revised sales level of 269,170 reported in 2024. Continue Reading California Home Sales Ended 2025 on the Rise
30-Year Fixed Rate Mortgage Drops to 3-Year Low
The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15. Continue Reading 30-Year Fixed Rate Mortgage Drops to 3-Year Low
Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
“This launch underscores our commitment to supporting the non-QM ecosystem,” said Tom Hutchens, president of Angel Oak Mortgage Solutions. Continue Reading Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
Mortgage Rates Keep Climbing to the 8% Mark
The 30-year fixed-rate mortgage averaged 7.79% as of Oct. 26, up from last week when it averaged 7.63%. Continue Reading Mortgage Rates Keep Climbing to the 8% Mark
Tech Trends: New Technology Helps You Really Know Your Customer
Truv is an open finance platform that enables financial organizations with access to every data source available. Continue Reading Tech Trends: New Technology Helps You Really Know Your Customer
Proptech NewHomesMate Expands Service to Atlanta
According to the company, NewHomesMate will help Atlanta-area builders improve the marketing of their properties. Continue Reading Proptech NewHomesMate Expands Service to Atlanta
Southern First Bancshares Opens Dream Mortgage Center
The center will provide homebuyer education and outreach in an underserved community of South Carolina. Continue Reading Southern First Bancshares Opens Dream Mortgage Center
NAR: Pending Home Sales Up in September
“Despite the slight gain, pending contracts remain at historically low levels due to the highest mortgage rates in 20 years,” said Lawrence Yun, NAR chief economist. Continue Reading NAR: Pending Home Sales Up in September
Thompson Thrift to Construct 300-Unit Community in Suburban Orlando
Thompson Thrift plans to begin construction this month and welcome new residents beginning in late 2024. Continue Reading Thompson Thrift to Construct 300-Unit Community in Suburban Orlando
Automaker Fiat in Partnership on New Jersey Multifamily Complex
Fiat House will feature more than 300 rental residences with studio, one-bedroom and two-bedroom units. Continue Reading Automaker Fiat in Partnership on New Jersey Multifamily Complex
Mortgage Application Activity Continues to Slump
MBA’s Joel Kan said applications dropped “to the slowest weekly pace since 1995.” Continue Reading Mortgage Application Activity Continues to Slump
New Single-Family Home Sales Up Nearly 34% Year-Over-Year
The bulk of activity was focused in the South (with 456,000 houses sold last month) and the West. Continue Reading New Single-Family Home Sales Up Nearly 34% Year-Over-Year
‘Family Guy’ Takes Aim at Reverse Mortgages
A Tom Selleck parody convinced Peter Griffin to consider “Hey Alright Reverse Mortgages – or HARM.” Continue Reading ‘Family Guy’ Takes Aim at Reverse Mortgages
