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 annual report of the U.S. multifamily lending market, favorable market conditions helped spur a 19 percent increase in multifamily lending in 2018 to a new high in dollar volume.
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.
U.S. Environmental Protection Agency Administrator and Department of the Army for Civil Works are repealing a 2015 rule that impermissibly expanded the definition of "waters of the United States" (WOTUS) under the Clean Water Act.
Finishing school, joining the workforce and moving out on your own is a rite of passage for many young people. Today's young adults are taking longer to make this transition.
According to a new report from CBRE, the flexible office space footprint in Manhattan has tripled to 15 million square feet over the last five years as providers' offerings have evolved, new players entered the market and new flexible space models have arisen.
According to CBRE's latest U.S. Data Center Trends Report, driven by demand from large cloud and enterprise users, U.S. data center leasing is on pace to exceed 2018's record-setting year.
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family U.S. homes fell 12.8 percent to a seasonally adjusted annual rate of 635,000 units in July 2019, off a strongly revised upward reading in June 2019.
Knight Franks' latest Prime Global Cities Index, which tracks the movement in luxury residential prices across 46 International cities, increased by 1.4% in the year to June 2019, up marginally from 1.3% in March 2019 but still significantly lower than its four-year average of 3.8%.
Sales of newly built, single-family homes in the U.S. increased 7 percent to a seasonally adjusted annual rate of 646,000 units in June 2019 from a downwardly revised reading in May 2019.
According to the U.S. Housing and Urban Development and Commerce Department, single-family gains helped offset a drop in multifamily production as total housing starts edged 0.9 percent lower in June 2019 to a seasonally adjusted annual rate of 1.25 million units.
U.S. mortgage applications for new home purchases increased 20.1 percent compared from a year ago. Compared to April 2019, applications increased by 0.1 percent.
Nearly 43 million Americans will start their 2019 summer season with a Memorial Day weekend getaway. Orlando top vacation destination, followed by New York City and Las Vegas
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes fell 6.7 percent to a seasonally adjusted annual rate of 673,000 units in April 2019 after a sharp upwardly revised March 2019 report.
Total U.S. housing starts rose 5.7 percent in April 2019 to a seasonally adjusted annual rate of 1.24 million units from an upwardly revised reading in March 2019.
Commercial and multifamily mortgage loan originations rose 12 percent in the first quarter compared to the same period last year. Originations the first three months of the year were 34 percent lower than the fourth quarter of 2018.
Based on new data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending May 3, 2019, mortgage applications in the U.S. increased 2.7 percent from one week earlier.