U.S. Housing Market
Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
Last month’s issuance grew the agency’s MBS portfolio outstanding grew to $2.99 trillion. Continue Reading Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout
Attorney General Todd Blanche declined to say if the Department of Justice was reviewing legal options to halt the tax from taking effect. Continue Reading Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout
Toll Brothers Debuts New Idaho Master-Planned Community
Pricing starts from the mid-$400,000s and residences are now available for purchase. Continue Reading Toll Brothers Debuts New Idaho Master-Planned Community
MBA: Homebuyer Affordability Improved Slightly in June
The national median mortgage payment for conventional loan applicants was $2,209, down from $2,211 in May and up from $2,205 in June 2025. Continue Reading MBA: Homebuyer Affordability Improved Slightly in June
Mortgage Rates Rise to One-Year High
The 30-year fixed-rate mortgage averaged 6.66% as of July 30. Continue Reading Mortgage Rates Rise to One-Year High
Lennar Debuts New Central Oregon Community
Pricing starts in the high $300,000s. Continue Reading Lennar Debuts New Central Oregon Community
Foreclosure Auction Volume at 6-Year High
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
Mortgage Rates Down for Third Straight Week
Sam Khater, Freddie Mac’s chief economist, observed, “Rates currently stand at their lowest level in the last three spring homebuying seasons.” Continue Reading Mortgage Rates Down for Third Straight Week
Florida’s Burgess Island Listed for Sale at $89 Million
The island was acquired and developed in 1924 by inventor and electrochemist Charles Frederick Burgess. Continue Reading Florida’s Burgess Island Listed for Sale at $89 Million
Illinois Home Sales Up 3.1%
The monthly median price of $315,000 was 6.8% more than $295,000 price recorded one year earlier. Continue Reading Illinois Home Sales Up 3.1%
Home Sales Profits Down During Q1
The first quarter’s home prices held steady from the previous quarter at $360,000 but were up 3% year-over-year from $350,000 in the first quarter of 2025. Continue Reading Home Sales Profits Down During Q1
HUD and FHFA Update Credit Scoring Models
Mortgage Bankers Association President and CEO Bob Broeksmit said this was “an important next step in modernizing the credit scoring framework.” Continue Reading HUD and FHFA Update Credit Scoring Models
New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
Iowa residents have the lowest percentage of income spent on housing. Continue Reading New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
New York State Home Sales Slowed While Prices Increased
Housing inventory across the Empire State dipped from 24,574 homes on the market in March 2025 to 24,386 units last month. Continue Reading New York State Home Sales Slowed While Prices Increased
Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
San Antonio led the major metros with 18.7% of home purchase agreements terminating early. Continue Reading Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
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