The second quarter mortgage delinquency rate fell to a record low—even beating out pre-pandemic lows—the Mortgage Bankers Association reported Thursday.
Redfin, Seattle, reported the share of homebuyers looking to relocate jumped in July as high mortgage rates and home prices motivated Americans to move to more affordable areas.
U.S. hotel construction has declined for seven consecutive months, reported STR, Hendersonville, Tenn.
Initial claims for unemployment insurance rose again last week to their highest level since November, the Labor Department reported Thursday.
The Federal Housing Finance Agency promoted three employees to its executive staff. Naa Awaa Tagoe will serve as the Deputy Director for the Division of Housing Mission and Goals; Joshua Stallings will become Deputy Director for the Division of Bank Regulation; and Chris Dickerson will continue in his role as Senior Advisor to the Director in a permanent capacity.