Upward pressure on rates won’t likely be enough to cool spring selling season, says Freddie Mac economist. The 30-year fixed-rate…
Well over half of all buyers, 56%, are facing bidding wars in their offers, according to a Redfin survey in…
The 30-year fixed-rate mortgage continues to hover near all-time lows, attracting home shoppers and refinancers. The 30-year fixed-rate mortgage continued…
This marks the fifth extension for Fannie Mae and Freddie Mac-backed single-family foreclosures and REO evictions. For the fifth time,…
“Borrowers are smart to take advantage of these low rates now and will certainly benefit as a result,” Freddie Mac’s…
The uptick in activity “has come at a critical time for the economy,” says Freddie Mac Chief Economist Sam Khater.…
The end of August typically marks a slower season for housing—but not this year. The home shopping spree continues. Typically,…
First-time buyers in their 20s and 30s are flocking to the market in higher numbers due to low mortgage rates…
Total mortgage application volume fell by 5.1% from the previous week. Source: CNBC, Diana Olick (August 5, 2020)
KEY POINTS Mortgage applications to purchase a home were 2% lower last week than the previous week but a strong…