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…
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…
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…
Pace of New Home Sales in the U.S. Drops Over 18 Percent
Having ticked up 3.2 percent in January, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 18.2 percent last month to an annualized rate of 775,000…
Having Dropped, Pace of New Home Sales in the U.S. Inches Up
The seasonally adjusted pace of new single-family home sales in the U.S., which hit a 14-year high in July/August, has since dropped 14 percent to an annualized rate of 842,000…
Pace of New Home Sales in the U.S. Slips, Inventory Holds
Having been upwardly revised for a 0.1 percent gain in September, the seasonally adjusted pace of new single-family home sales in the U.S., which hit a 14-year high in August,…
Pace of New Home Sales in the U.S. Slows, Inventory Inches Up
The seasonally adjusted pace of new single-family home sales in the U.S., which hit a 14-year high in August, slipped 3.5 percent in September to an annualized rate of 959,000…
Pace of New Home Sales in the U.S. Ticks Up, Inventory Drops
Having jumped over 14 percent in July, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up another 4.8 percent in August to an annualized rate…