Purchase Mortgage Activity Keeps Ticking Down
Despite a drop in mortgage rates to a six-month low, purchase mortgage application volume in the U.S. ticked down 5 percent on a seasonally adjusted basis over the past two…
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Despite a drop in mortgage rates to a six-month low, purchase mortgage application volume in the U.S. ticked down 5 percent on a seasonally adjusted basis over the past two…
There were 12 percent fewer homes on the market in San Francisco at the end of 2023 than there were at the end of 2022, driven by a pronounced drop…
As we outlined earlier this month, application volume for new home loan purchases in the U.S. was on the decline despite a year-over-year gain last month. And in fact, the…
Having slipped back under 7 percent last week, the average rate for a benchmark 30-year mortgage has since dropped another 28 basis points (0.28 percentage points) to 6.67 percent, which…
The average rate for a benchmark 30-year mortgage has slipped back under 7 percent for the first time in four months, inching down 8 basis points (0.08 percentage points) over…
While the Mortgage Bankers Association’s index for mortgage loan application volume increased 6 percent last week, said increase was actually driven by refinancing activity, the sub-index for which jumped 19…
Having dropped over 10 percent from early last year, the asking price per square foot of the homes on the market in San Francisco is now averaging around $970 per…
The weighted average asking rent for an apartment in San Francisco just dropped back under $3,500 a month, which is 3 percent lower than at the same time last year,…
Having slipped 0.5 percent in August, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes the East Bay, North…
Having jumped a downwardly revised 8.6 percent in September, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.6 percent in October to an annual rate…