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News
New Listings Surge as Housing Supply Hits Six-Year Peak - The MortgagePoint
3+ day, 23+ hour ago (227+ words) The rise in listings is attributed to more U.S. homeowners entering the market as the mortgage-rate lock-in effect diminishes, life changes necessitate relocations, and sellers adapt to a more sluggish market. The top five metros with the biggest increases in new…...
U.S. Properties in Highly Regarded School Districts Priced Higher Than the Average Home - The MortgagePoint
6+ day, 21+ hour ago (604+ words) The average cost of a U.S. home situated in a highly rated school district is $580,000, which represents a 35% increase compared to the typical overall home price of $430,000, according to a recent report by Redfin. To purchase a home in a highly…...
New Listings Hit Four-Month Peak, Even as Demand Declines - The MortgagePoint
1+ week, 6+ day ago (165+ words) New listings increased by 0.4% compared to the previous week during the four-week period ending August 23, reaching their highest point since April. This information is derived from a recent report by Redfin, the real estate brokerage associated with Rocket. The overall…...
Most New-Home Listing Views Come From Outside Their Metro Area - The MortgagePoint
2+ week, 5+ day ago (482+ words) According to the latest Realtor.com New Construction Insights Report, more than two-thirds (67.2%) of views to new-construction listings in the second quarter of 2026 came from shoppers from a different metro area than the home for sale. Realtor.com noted that…...
July New Home Purchase Mortgage Applications Decrease - The MortgagePoint
3+ week, 3+ day ago (231+ words) Mortgage Applications for new homes fell 5.7% from a year ago, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July. Compared to June 2026, applications fell by 1%. MBA said this change does not include any adjustment for…...
Saving for, Breaking Even on a Home May Cut Into Americans’ Retirement Savings - The MortgagePoint
3+ week, 3+ day ago (317+ words) A new Zillow analysis indicates that the prevailing belief is that beginning to save early for a home purchase is a wise financial decision; however, the situation is more complex. And further, prospective buyers should consider not only their ability…...
Single-Family Home Construction Declines, But New Permits Offer Glimmer of Hope - The MortgagePoint
3+ week, 5+ day ago (453+ words) “The July decline in housing starts reflects broader weakness in the housing market,” said Danushka Nanayakkara-Skillington, who leads forecasting and analysis at the National Association of Home Builders (NAHB). “Builders remain cautious as elevated mortgage rates, rising construction costs and…...
Survey: Home Builder Sentiment Rises in August but Still Weak Overall - The MortgagePoint
3+ week, 6+ day ago (554+ words) U.S. home builder sentiment made an unexpected rise August, but according to The National Association of Home Builders/Wells Fargo Housing Market index, residential construction firms’ confidence remains weak overall, weighed down by economic uncertainty, high mortgage rates and steep building…...
New Federal Rules Could End Mortgage Escrow Interest for Some Homeowners - The MortgagePoint
3+ week, 6+ day ago (443+ words) Attorneys general in 10 states have filed a federal lawsuit seeking to invalidate a pair of rules from the Office of Comptroller of the Currency that allow certain banking institutions to sidestep laws requiring them to pay interest of mortgage escrow…...
Starter Home Rentals Outpace Property Purchases in Affordability - The MortgagePoint
3+ week, 6+ day ago (253+ words) The benefits of renting have diminished over the past year, as the costs of starter homes have decreased at a faster rate than rents, thus creating a more advantageous environment for potential buyers in certain markets. July also reflected an…...