Existing Home Sales Rise 7%, the Biggest Gain in a Year
The median existing home price in September was $352,800, an increase of 13% from a year earlier, and prices rose in every region, NAR said.
October 21, 2021 3 MIN
National Flood Insurance Program Hikes Rates to Cover Climate Risks
Homeowners who live in coastal areas will be paying more to offset the effects of climate change as the Federal Emergency Management Agency subsidizes fewer premiums and raises rates.
October 20, 2021 4 MIN
Housing Starts, Permits Fall in September Amid Shortages
Housing starts dipped by 1.6% in September and the number of permits reached a one-year low while homebuilders grappled with supply-chain gridlocks.
October 19, 2021 2 MIN
Homebuilders’ Outlook Improves in October Despite Supply-Chain Bottlenecks
Homebuilder confidence rose in October, the second consecutive month of gains, despite ongoing supply chain bottlenecks as the pandemic continued to stymie deliveries.
October 18, 2021 2 MIN
Consumer Confidence Falls on Inflation Concerns and Weak Wages
The University of Michigan’s preliminary consumer sentiment index unexpectedly dropped to 71.4, the second-lowest reading since 2011, a report on Friday showed.
October 15, 2021 2 MIN
Mortgage Applications for Purchase Loans Rise as Refinancing Demand Weakens
The volume of applications for mortgages to purchase homes increased last week while refinancings declined, according to data from the Mortgage Bankers Association.
October 13, 2021 2 MIN
Mortgages With 3% Down Payments Backed by Fannie Mae and Freddie Mac
Mortgages backed by the Federal Housing Administration aren't the only way to get a low-down-payment home loan — Fannie Mae and Freddie Mac offer them too.
October 7, 2021 5 MIN
Mortgage Credit Access Rose in August Led by Jumbo Borrowing, MBA Says
An index measuring the availability of jumbo mortgages rose 9.4% while the index for conforming home loans, eligigle for backing from Fannie Mae and Freddie Mac, rose 5.1%, the Mortgage Bankers Association report said.
September 29, 2021 2 MIN
