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Coming Up:
30-Year Fixed-Rate Mortgage Rises Two Basis Points This Week
Average mortgage rate 6.49% on Aug. 15
Average Mortgage Payment Saw Lowest YOY Increase In Five Years
Typical homebuyer paid $2,588 during four weeks ending August 11
Real Estate Investors Returning To Buying Ways
San Jose and Las Vegas home to 27% year-over-year growth in investor purchases
Jordan Higgins Joins AmeriHome's Correspondent Team
Tampa resident to oversee sales in the southeastern U.S.
Competition, Price Appreciation Tapered Off In July
Zillow predicts the recent drop in mortgage rates will neutralize the market and bring in more homebuyers
Aug 15, 2024
U.S. Foreclosure Starts Increased 18% In July
July 2024 saw 31,929 properties with foreclosure filings, with the greatest numbers of foreclosure starts in California, Florida, and Texas
Refinance Applications Up 118% Year-Over-Year
Mortgage applications increased almost 17% for the week ending Aug. 9
Key Promotions Poise Angel Oak Towards Continued Success
Tom Hutchens appointed President of Angel Oak Mortgage Solutions
Aug 14, 2024