3+ day, 2+ hour ago   (487+ words) Mortgage rates continued their upward trudge this week, with the 30-year fixed rate reaching a year-to-date weekly high of 6.76%, Freddie Mac reported Thursday. That is the highest weekly average for 30-year mortgages in nearly 15 months and is 41 basis points above…...

3+ day, 4+ hour ago   (559+ words) Existing-home sales declined for the third consecutive month in August, deepening a summer sales slowdown that has coincided with a sharp run-up in borrowing costs since May. The seasonally adjusted annual pace of existing-home sales slid 2% from July to 3.98 million…...

4+ day, 2+ hour ago   (395+ words) The average U.S. multifamily advertised rent ticked up $2 in August, to $1,773, while year-over-year price growth accelerated to 0.4%, according to a report from Yardi Matrix. The modest increase marked one of the few times that rents have risen in recent months, due…...

4+ day, 3+ hour ago   (496+ words) Prices for materials and labor required for home repair and remodeling projects rose at their fastest pace in two years during the second quarter as Iran war impacts tangled global supply chains and caused energy prices to spike. Repair and…...

4+ day, 6+ hour ago   (389+ words) Mortgage rates that rose to their highest level since last June pushed mortgage demand lower across the board last week, the Mortgage Bankers Association (MBA) said Wednesday. The MBA’s Market Composite Index, a measure of mortgage loan application volumes, slid…...

4+ day, 7+ hour ago   (462+ words) U.S. home prices continued a trend of muted though modest gains in July as Midwest and Northeast markets outperformed counterparts across the South and West. Real estate analytics firm Cotality reported Tuesday that national home prices rose 1.4% year over year in…...

4+ day, 22+ hour ago   (269+ words) Inflation expectations remained largely anchored but labor market outlooks deteriorated among U.S. consumers in August, according to survey results released Tuesday by the Federal Reserve Bank of New York. The NY Fed survey found that median inflation expectations were unchanged at…...

4+ day, 23+ hour ago   (508+ words) The back-and-forth tariff fight between the U.S. and Canada has also heated up the ongoing debate over what impact the increased costs will have on housing materials. On Tuesday, Canada put in place new tariffs on about $20 billion worth of U.S. imports,…...

1+ week, 3+ day ago   (276+ words) Figure Technology Solutions completed its acquisition of real estate investor and lender Kiavi on Tuesday, as it seeks to expand its blockchain-native marketplace. The transaction also included a joint venture between Figure and Sixth Street, a global investment firm, that…...

1+ week, 1+ day ago   (659+ words) Federal Housing Finance Agency (FHFA) Director Bill Pulte’s recent announcements on credit scoring changes reverberated through the mortgage industry Friday, with groups expressing support for a move away from traditional scoring models. After he announced Thursday evening on X that…...