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Freddie Mac reported mortgage rates essentially remained flat from last week's numbers.

The typical U.S. homebuyer’s monthly housing payment was $2,671 during the four weeks ending July 21, the lowest level in four months.

The company announced concurrently its decision to purchase Flagstar Bank's servicing and TPO operations for $1.4B.

Prior to joining Asurity, Joyner built and led "Financial Solutions," a training and advisory provider, which she launched in 1990.

The MSRs and subservicing contracts to be purchased from Flagstar total roughly $356 billion in unpaid principal balance, and include "attractive refinance opportunities."

ATTOM reported home sellers earned a 55.8% profit margin during Q2 2024 on typical single-family home and condo sales — a largely unchanged figure. 

The Down Payment Resource Q2 2024 Homeownership Program Index Report says that there are 2,415 programs currently being tracked.

But, industry experts say sales data obscure still-strong demand for new construction.

The company more than doubled the $39.3 million of earnings it generated in the first quarter.