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Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low; sales of previously owned homes rose very slightly in May, up 0.8% from April; mortgage applications increased 1.1% from one week earlier; pending home sales increased by 1.8% in May from the prior month and 1.1% year-over-year; and […]

May new home purchase mortgage applications decreased 4.5%; mortgage rates fell for the third straight week, slipping to 6.81%; mortgage applications decreased 2.6% from one week earlier; U.S. home prices are expected to grow by an average of 2.9% in 2025 and 2.8% next year; and home affordability is seen as “historically low” following five […]

Mortgage applications increased 12.5% from one week earlier; mortgage credit availability increased to its highest level since August 2022; mortgage activity dropped 14% in Q1 2025; U.S. homeowners with mortgages saw home equity increase by $115 billion since Q1 2024; U.S. house prices rose 4.7% in Q1 2025, compared to Q1 2024; roughly 74% of […]

Mortgage rates dropped for the first time in more than a month; mortgage applications decreased 3.9% from one week earlier; year-over-year price growth slowed to 2% in April; May boasted a new post-pandemic high in for-sale inventory; Redfin projects that U.S. home prices will fall 1% year over year by the end of 2025; and […]

Pending home sales declined 6.3% in April; Mortgage applications decreased 1.2% from one week earlier; U.S. house prices rose 4.0% between the first quarter of 2024 and the first quarter of 2025; homebuyer affordability declined slightly in April; a new report found that there were nearly 500,000 more home sellers in the market than buyers […]

Mortgage applications decreased 5.1% from one week earlier; sales of previously owned homes in April declined 0.5% from March; Fannie Mae released its 2025 Economic and Housing Outlook, which projects that total single-family home sales will reach 4.92 million units by year-end; and the number of homes for sale continues to climb, as inventory maintained […]

The U.S. spring home-buying season had its weakest start in five years; mortgage applications increased 1.1% from one week earlier; the number of homes for sale rose to the highest level since December 2019; new home purchase mortgage applications increased 5.3% in April; pending U.S. home sales fell 3.4% year over year during the four […]

Mortgage applications increased 11% from one week earlier; Fannie Mae’s Home Purchase Sentiment Index ticked up slightly to 69.2; U.S. housing inventory reached its highest level since the pandemic began; mortgage rates stayed put at levels reached last week; U.S. home price growth fell to a 13-year low in March; and first-time homebuyers accounted for […]

Pending home sales jumped 6.1% in March; mortgage applications decreased 4.2% from one week earlier; interest rates fell for the second week in a row, from 6.76% from 6.81%; Fannie Mae lowered its mortgage rate outlook for 2025 and 2026; the S&P CoreLogic Case-Shiller Index climbed 3.9% in February; home price appreciation in the U.S. […]

Contract closings decreased 5.9% last month to an annualized rate of 4.02 million, while new home sales increased by 7.4%; mortgage applications decreased 12.7 percent from one week earlier; nationwide, the median home-sale price rose 2.1% year over year; home prices were up 5.2% from Q1 2024 to Q1 2025; active inventory climbed 30% from […]