U.S. Mortgage Applications Dip in Early June

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending June 2, 2023, U.S. mortgage applications decreased 1.4 percent from one week earlier. This week's results include an adjustment for the Memorial Day holiday.

Mortgage Rates Continue to Rise in the U.S.

Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.79 percent as of June 1, 2023.

U.S. Office Vacancies to Peak in Late 2024, Says CBRE

According to a new report from CBRE, there is relief for the U.S. office market on the long-term horizon in the form of constrained new supply.

America's Home Prices May Not See a New Peak in 2023

Based on's latest Monthly Housing Trends Report released today, U.S. home prices rose slightly in May 2023, but price growth slowed to the lowest rate on record since 2016, suggesting home prices may not see a new peak in 2023.

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