NAHB: Homebuilder confidence slips in September
Homebuilder confidence in the market for newly built single-family homes fell three points to 32 in September, according to the...
Mortgage
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.95% this week. The rate for a 15-year fixed-rate mortgage was 6.26%.
ABA DataBank: August housing starts drop, single-family stronger
Housing starts have been on a downward trajectory since peaking in 2022. However, single-unit starts increased 7.6% from July. Paired...
CFPB releases updated home loan buyer’s guide
CFPB regulations require updates to be announced in the Federal Register. No official notice has been published yet, and it...
NAR: Existing home sales fell in August
Existing-home sales decreased by 1% month-over-month in August and 1.2% year-over-year, according to the National Association of Realtors.
Mortgage rates climb
The rate for a 30-year fixed-rate mortgage was 6.76% this week. The rate for a 15-year fixed-rate mortgage was 6.09%.
Fannie Mae, Freddie Mac expand VantageScore availability to all lenders
Fannie Mae and Freddie Mac will now allow all lenders the option to use VantageScore 4.0 to assess the creditworthiness...
ABA, associations urge FHA to provide clear language about eligibility for VA loan terms
ABA joined five associations in urging the Federal Housing Administration to provide clear language about eligibility for VA loan terms,...
Bank survey finds most middle-income renters view homeownership as out of reach
More than two in five middle-income renters say they earn more than their parents did at the same age but...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.71% this week. The rate for a 15-year fixed-rate mortgage was 6.04%.
