For Week Ending July 3, 2021 Mortgage applications decreased 1.8% last week, falling to the lowest level since January 2020, according to the Mortgage Bankers Association’s seasonally adjusted index, with declines noted in both refinance and purchase applications. Rising home … Continue reading →

For Week Ending June 26, 2021 The U.S. Department of Labor reported unemployment claims fell to 364,000 for the week ending June 26, down 51,000 from the previous week’s revised total and the lowest level for initial jobless claims since … Continue reading →

For Week Ending June 12, 2021 U.S. median rental prices increased 5.5% year over year for an average of $1,527 in May, exceeding pre-pandemic figures and putting rents at their highest level in two years, according to realtor.com’s Monthly Rental … Continue reading →

For Week Ending June 5, 2021 Fannie Mae’s new refinancing program, RefiNow™, which offers qualifying homeowners with a Fannie Mae-owned mortgage new options for refinancing their loans, officially starts on June 5th. Borrowers at or below 80% of the area’s … Continue reading →

For Week Ending May 29, 2021 According to Black Knight, mortgage loan delinquency rates are continuing to decline, with the national delinquency rate falling to 4.66% in its April survey from 5.02% in March. While the continued decline of delinquency … Continue reading →