World News
New Home Mortgage Applications Spikes 30 Percent in April
The Mortgage Bankers Association's latest Builder Application Survey for April 2021 shows mortgage applications for new home purchases in the U.S. increased 30.8 percent compared from a year ago. Compared to March 2021, applications decreased by 9 percent.
32 Percent of U.S. Homes Considered Equity Rich in Q1
17.8 million residential properties in the United States were considered equity-rich, meaning that the combined estimated amount of loans secured by those properties was 50 percent or less of their estimated market value.
U.S. Mortgage Applications Increase in Early May
The Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 7, 2021 shows mortgage applications increased 2.1 percent from one week earlier.
Affluent Second Home Demand in 2021 Doubles Pre-Pandemic Levels in U.S.
National property broker Redfin is reporting this week the number of U.S. buyers who locked in mortgage rates for second homes soared 178% year over year in April 2021, marking the 11th straight month of 80%-plus growth.
Ireland Home Rents Rise 2 Percent in Q1
According to the latest Ireland Rental Report by Daft.ie, residential rents nationally in the first three months of 2021 were on average 2.1% higher than in the final three months of 2020. The average monthly rent stood at €1,443 in the first quarter of 2021.
