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New Home Purchase Mortgage Applications Spike 54 Percent in U.S.

New Home Purchase Mortgage Applications Spike 54 Percent in U.S.

Mortgage applications for new home purchases in the U.S. increased 54.1 percent compared from a year ago. Compared to May 2020, applications increased by 20 percent. Read More »


Early-Stage Mortgage Delinquencies Exceed Great Recession Levels in U.S.

Early-Stage Mortgage Delinquencies Exceed Great Recession Levels in U.S.

This represents a 2.5-percentage point increase in the overall delinquency rate compared to March 2020, when it was 3.6 percent. Read More »

Mortgage Rates in U.S. Hit Another Historic Low in Early July

Mortgage Rates in U.S. Hit Another Historic Low in Early July

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 3.03 percent in the U.S., the lowest rate in the survey's history dating back to 1971. Read More »

Mortgage Applications Uptick in Early July

Mortgage Applications Uptick in Early July

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending July 3, 2020, U.S. mortgage applications increased 2.2 percent from one week earlier. Read More »


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Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated July 15, 2020 8:04 AM ET

Boston Property News

15.9% of Black Americans who apply for mortgages are rejected nationwide, compared with just 7% of white Americans.

U.S. employers added a much-larger-than-expected 4.8 million workers to payrolls last month. The U.S. unemployment rate also fell to 11.1 percent.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 26, U.S. mortgage applications decreased 1.8 percent from one week earlier.

The level of commercial/multifamily mortgage debt outstanding rose by $61.0 billion in the first quarter of 2020.

According to the National Association of Realtors, U.S. pending home sales mounted a record comeback in May 2020, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic.

The total number of U.S. loans now in forbearance decreased by 1 basis point from 8.48% of servicers' portfolio volume in the prior week to 8.47% as of June 21, 2020.

Redfin is reporting that a record 27% of home searchers looked to move to another U.S. metro area in April and May 2020.

According to Redfin, the impact of coronavirus shutdowns on homebuyer demand has been short and muted.

The total number of U.S. mortgage loans now in forbearance decreased - for the first time since the survey's inception in March 2020.

According to the National Association of Realtors, existing-home in the U.S. sales fell in May 2020, marking a three-month decline in sales as a result of the coronavirus outbreak.

Based on Zillow's latest May 2020 Real Estate Market Report, U.S. home values may decline in the second half of the year.

Commercial and multifamily mortgage delinquencies in the U.S. remained low at the end of the first quarter of 2020.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending June 12, 2020, U.S. mortgage applications increased 8.0 percent from one week earlier.

In a sign that U.S. housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June 2020. Any reading above 50 indicates a positive market.

According to ATTOM Data Solutions first-quarter 2020 U.S. Home Flipping Report, 53,705 single-family homes and condominiums in the United States were flipped in the first quarter.

Skyrocketing unemployment has prompted millions of adults to move back in with their parents.

U.S. homeowners with mortgages have seen their equity increase by 6.5% year over year, representing a gain of $590 billion since Q1 2019.

This week NAIOP, the Commercial Real Estate Development Association, released its best practices for the safe return to the workplace in the wake of the COVID-19 nationwide shutdown.


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