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According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 4, 2019, mortgage applications increased 5.2 percent from one week earlier.
Nationally, 3.8% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in July 2019, representing a 0.3 percentage point decline in the overall delinquency rate compared with July 2018, when it was 4.1%.
According to a new housing report by the Greater Las Vegas Association of Realtors, home prices in Southern Nevada inching back towards their all-time high as the local housing supply remains tight.
Freddie Mac's latest Primary Mortgage Market Survey shows that the 30-year fixed-rate mortgage in the U.S. averaged 3.65 percent, a slight increase from last week. Overall mortgage demand remained very strong, rising over fifty percent from a year ago.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending September 27, 2019, U.S. mortgage applications increased 8.1 percent from one week earlier.
Pending home sales increased in August 2019, a welcome rebound after a prior month of declines. Each of the four major regions reported both month-over-month growth and year-over-year gains in contract activity.
The 30-year fixed-rate mortgage in the U.S. averaged 3.64 percent. September 2019 has been the most volatile month since March, in terms of the 30-year fixed-rate mortgage, averaging a weekly movement of 11 basis points.
Sales of newly built, single-family homes increased 7.1 percent to a seasonally adjusted annual rate of 713,000 units in August 2019 off a revised upward reading in July 2019. On a year-to-date basis, new home sales for 2019 are 6.4 percent higher than the same period in 2018.
According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, commercial and multifamily mortgage delinquencies in the U.S. remained low in the second quarter of 2019.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 3.73 percent. This week's 30-year fixed mortgage rate increase is the largest week-to-week uptick since October 2018.
According to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending September 6, 2019, U.S. mortgage applications increased 2.0 percent from one week earlier.
With the passage of California's Assembly Bill 1482 this week, California's Realtors issued the following statement of from State's Association president Jared Martin:
While home values have recovered since the Great Recession and, in many cases, surpassed their pre-recession peaks, single-family home construction activity has continued to languish.
According to Zillow, in the decade following the Great Recession, job growth has been disproportionately concentrated to the largest U.S. job centers, and home values in these markets have risen accordingly.
According to Freddie Mac's latest Primary Mortgage Market Survey for the first week of September 2019, the 30-year fixed-rate mortgage rate in the U.S. averaged 3.49 percent, the lowest it has been since October 2016.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage rate in the last week of August 2019 averaged 3.58 percent in the U.S., a slight increase from last week.
According to the National Association of Realtors, pending U.S. home sales fell in July 2019, reversing course on two consecutive months of gains. Of the four major regions, each reported a drop in contract activity, although the greatest decline came in the West.
According to Daft.ie, Ireland rents rose by an average of 6.7% nationwide, in the year to June 2019. This marks the lowest rate of rental inflation across the country since the final quarter of 2013.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage rate in the U.S. averaged 3.55 percent, the lowest it has been since November 2016.
The changes, many of which NAR has championed for over a decade, should yield thousands of new homeownership opportunities and help alleviate affordability restraints impacting markets across the country.