Analysis and Data
Fannie Mae survey found that 36% of recent homebuyers sought just 1 mortgage quote.
Mortgage rates dropping from over 7% to 6.6% this week means homebuyers have more money available.
As its updated rate survey debuts, GSE says rates fell after encouraging inflation report.
A Freddie Mac survey showed that Gen Zers still strive to buy homes, but face affordability challenges.
One analyst rates stock as "sell."
Stubborn sellers are staying put with their comfortable monthly mortgage payments.
Multifamily units continued to be built at a better rate than single-family homes.
Total loans in the third quarter decreased 47% year-over-year — the largest annual drop in 21 years.
Use of incentives increases as builders try to lure buyers.
Total household debt in the quarter increased 2.2% to $16.51 trillion.