For Week Ending May 15, 2021 Despite elevated demand for housing, construction of new homes fell in April, with the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reporting a 9.5% decrease in housing starts from … Continue reading →

For Week Ending May 8, 2021 The Mortgage Bankers Association’s latest National Delinquency Survey found the seasonally adjusted delinquency rate of one-to-four unit residential properties decreased to 6.38 percent of all loans outstanding in Q1 2021, which is 35 basis … Continue reading →

For Week Ending May 1, 2021 The National Association of Home Builders’ latest Housing Trends Report found that in Q1 2021, 16% of American adults were looking to purchase a home in the next 12 months, up from 10% from … Continue reading →

For Week Ending April 24, 2021 A bit of good news this week on the home affordability front as the 30-year fixed-rate mortgage slipped below 3 percent to 2.97%, according to Freddie Mac. The benchmark 30-year fixed-rate mortgage rate, while … Continue reading →

For Week Ending April 17, 2021 A new analysis by housing giant Freddie Mac suggests that the U.S. housing market needs 3.8 million more single-family homes nationwide to meet demand. Sam Khater, Freddie Mac’s chief economist, noted “we should have … Continue reading →