U.S. Home Sales Slip Again in August, Seventh Consecutive Month

According to the National Association of Realtors, existing-home sales in the U.S. experienced another dip in August 2022, marking the seventh consecutive month of declines.

Home Buyers Retreat as Mortgage Rates Hit 6 Percent in U.S.

National broker Redfin reports that as U.S. mortgage rates reach 6 percent, seasonally-adjusted new listings of homes for sale have fallen 8% from July to August 2022 to their lowest level since May 2020, when the housing market was paralyzed by the onset of the COVID-19 pandemic. Prior to the pandemic, we hadn't seen so few homes hit the market since November 2012.

Commercial, Multifamily Mortgage Delinquencies in U.S. Remain Low in Q2

According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, U.S. commercial and multifamily mortgage delinquencies declined in the second quarter of 2022.

Mortgage Fraud Risk in U.S. Drops by 7.5 Percent Annually in Q2

According to CoreLogic's latest Mortgage Fraud Report, there was a 7.5% year-over-year decrease in fraud risk at the end of the second quarter of 2022, as measured by the CoreLogic Mortgage Application Fraud Risk Index.

Albuquerque Property News

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