After tumbling over the past few months, existing-home sales are giving real estate and mortgage professionals a reason to smile. The seasonally adjusted annual rate of […]
As existing-home sales dwindle due to high mortgage rates and the lock-in effect, buyers continue turning to new construction options. And Mortgage Bankers Association (MBA) data […]
The defect rate for mortgages grew significantly across all loan types in the second quarter of 2024, continuing a trend seen in the first quarter. The […]
It looked like existing-home sales were primed to rise in 2025, but the prospect of higher-than-expected mortgage rates are driving down expectations. Fannie Mae on Thursday […]