For Week Ending June 7, 2025 U.S. pending home sales decreased 6.3% month-over-month, according to the National Association of Realtors®, with monthly declines reported across all four regions. Year-over-year, pending sales fell in the Northeast, South, and West, but rose … Continue reading
June 12, 2025 Mortgage rates have moved within a narrow range for the past few months and this week is no different. Rate stability, improving inventory and slower house price growth are an encouraging combination this National Homeownership Month. Information … Continue reading
For Week Ending May 31, 2025 Mortgage applications for new home purchases increased 2% month-over-month and 5.3% year-over-year, according to the Mortgage Bankers Association (MBA) Builder Application Survey, marking the second straight month of annual gains and the highest level … Continue reading
June 5, 2025 The average mortgage rate decreased this week, which is welcome news to potential homebuyers who also are seeing inventory improve and house price growth slow. Information provided by Freddie Mac.