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According to new data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 27, 2020, U.S. mortgage applications increased 15.3 percent from one week earlier.
Each of the four major regions saw an increase in month-over-month contract activity, as well as growth in year-over-year pending home sales transactions compared to one year ago.
It has been a wild ride for mortgage rates over the past month, which touched record lows then rebounded just as fast.
Sales of newly built, single-family homes fell 4.4 percent to a seasonally adjusted annual rate of 765,000 units in February 2020, coming off a sharp upward revision in January 2020.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 3.36 percent in early March 2020.
U.S. homeowners with mortgages have seen their equity increase by 5.4% year over year, representing a gain of nearly $489 billion since the fourth quarter of 2018.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending February 28, 2020, mortgage applications increased 15.1 percent from one week earlier.
Based on new data from CoreLogic's Tornado Path Map, it is currently estimated that approximately 250 square miles were affected by the damaging effects of the deadly tornadoes in Tennessee this past week.
Two of the U.S. housing industry's largest associations put out immediate statements.
U.S. home price growth slowed considerably throughout most of 2019, with some pick-up in price in growth toward the end of the year.
Based on a new Harris Poll commissioned by Zillow finds buying or selling a home are often fraught with conflict between couples.
Freddie Mac's latest Primary Mortgage Market Survey is reporting this week that the 30-year fixed-rate mortgage in the U.S. was the lowest in three years. As rates fell for the third consecutive week, markets staged a rebound with increases in manufacturing and service sector activity.
Mortgage applications increased 5.0 percent from one week earlier. The previous week's results included an adjustment for the Martin Luther King Jr. holiday.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending Jan 24, 2020, U.S. mortgage applications increased 7.2 percent from one week earlier.
The Caribbean island chain of the Turks and Caicos has long been admired among travelers for its laid-back atmosphere, picture-perfect white sand beaches and crystal-clear calm waters, but it has stayed under-the-radar for second homebuyers.
According to a new National Association of Realtors study, U.S. metro areas where affordability has worsened over the last five years have seen a decline in job growth during that same period.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending January 10, 2020, U.S. mortgage applications increased 30.2 percent from one week earlier.
According to the Mortgage Bankers Association's newly released Mortgage Credit Availability Index (MCAI), U.S. mortgage credit availability decreased in December 2019. The MCAI fell by 3.5 percent to 182.2 in December.
Based on the Mortgage Bankers Association's 2020 Commercial Real Estate Finance Outlook Survey, following what is expected to be a record year of lending in 2019, commercial and multifamily mortgage originators anticipate 2020 to be another strong year.