Pace and Price of Existing Home Sales in the U.S. Tick Up, But…
Having dropped to an 11-month low in May, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.4 percent in June to an annual rate of 5.86…
Mortgage Loan Activity Down 18 Percent, Year-Over-Year
While the number of homes for sale across the U.S. has ticked up, and the average 30-year rate is back under 3 percent, mortgage loan application volumes ticked down 4…
Purchase Loan Activity in the U.S. Drops, Down 17 Percent YOY
Mortgage loan application volumes in the U.S. dropped 7 percent over the past week, including a 6 percent drop in purchase mortgage activity, which was down 17 percent on a…
Benchmark Mortgage Rate Inches Back Over 3 Percent
The average rate for a benchmark 30-year mortgage has inched up 9 basis points (0.09 percentage points) over the past week to 3.02 percent, which is the highest average rate…
Pace of New Home Sales Drops, Inventory Hits a 14-Month High
Despite inventory levels having ticked up to a 14-month high, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.9 percent last month to an annualized…
Pace of Existing Home Sales Drops to an 11-Month Low
Having slipped another 0.9 percent in May, the seasonally adjusted pace of existing-home sales across the U.S. has dropped to an annual rate of 5.80 million sales, which was 44.6…
Benchmark Mortgage Rate Back Under 3 Percent
Having inched up to 3.00 percent last week, the average rate for a benchmark 30-year mortgage has since inched back down 5 basis points (0.05 percentage points) to 2.95 percent,…
Pace of New Home Sales Drops, Inventory Hits a 12-Month High
While up nearly 50 percent on a year-over-year basis from its pandemic low, the seasonally adjusted pace of new single-family home sales in the U.S. has dropped 13 percent since…
Home Sales in the U.S. Continue to Drop, Inventory Ticks Up
Having dropped to a 6-month low in March, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 2.7 percent in April to an annual rate of 5.85…
Pace of Home Sales in the U.S. Drops to a 6-Month Low
Having dropped 6.6 percent in February, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 3.7 percent in March to an annual rate of 6.01 million sales,…