Tag: Daily Dose

Bidding Wars Heating Up for Starter Homes

A new report from Zillow has found that entry-level home shoppers are dealing with faster-rising prices and more competition than those seeking more expensive homes. “Buyers shopping for the least-expensive… Read more »

New Home Purchase Mortgage Applications Decrease in January

The Mortgage Bankers Association‘s (MBA) Builder Application Survey (BAS) data for January 2023 shows that mortgage applications for new home purchases decreased 3.5% compared to a year ago. Compared to December 2022, applications increased by 42%. This change does not include any adjustment for… Read more »

1-in-20 Homes Now Valued Over $1M

Hot is just one of the words you could use to describe the housing market over the last two years, with demand significantly outpacing supply, which had a major impact… Read more »

FHFA, CFPB Showcase National Survey of Mortgage Originations Data

The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) today published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO)…. Read more »

Mortgage Monitor: Prices Offset by Stagnant Levels of Inventory

The latest Mortgage Monitor Report published by Black Knight’s Data and Analytics division revealed that despite home price correction occurring in many markets nationwide, the pace of declines has slowed… Read more »

Rising Rates Leave Fewer Affordable Home Options

New research conducted by First American has found that as mortgage rates have steadily risen (and look to continue this trend based on commentary from the Federal Reserve’s Open Market… Read more »

August Inventory Holds Steady; Market Remains 600,000 Units Short

After posting gains this summer, for-sale inventory levels stalled in August growing at a fraction of the rate seen in recent months as sellers are more frequently choosing to remain… Read more »