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Coming Up:
Existing-Home Sales Fall 2.8% Annually In May
The year-over-year decline was most pronounced in the South and Northeast, where sales fell 5.1% and 4% respectively.
Former Rocket Mortgage SVP Turned UWM Broker Partner
Zoom Home Lending, headed by former Rocket Mortgage executives, partner with their old wholesale rival, UWM
High Rates Dampen Builder Confidence
Builder confidence in the market for newly built single-family homes was 43 in June, down two points from May.
Mortgage Rates Fell For The Third Straight Week
The 30-year fixed-rate mortgage averaged 6.87%.
Housing Starts Hindered By Barriers To New Construction
Single-family building permits drop to lowest level in a year
Lack Of Financial Knowledge Leads Borrowers To Overpay
The Philadelphia Fed's study finds limited borrower sophistication may provide lenders with market power.
Home Price Appreciation 'Normalizing' Nationwide
First American Data & Analytics reports May home price index 5.9% higher YOY
Home Flipping Activity, Profits Rise During Q1 2024
The flipping rate rose for the second straight quarter while investment returns reached 30% nationwide.
Jun 20, 2024