MBA: Mortgage Application Payments Decrease to $2,155 in September
Homebuyer affordability improved slightly in September, with the national median payment applied for by purchase applicants decreasing to $2,155 from $2,170 in August.
New Home Sales Jump
Sales of new single‐family houses jumped in September to a seasonally adjusted annual rate of 759,000, the U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday.
RE/MAX: Inventory Grows for Sixth Straight Month While Sales Decline
The number of homes on the market grew month-over-month for a sixth consecutive month in September as sales declined 13.8% from August and 17.0% from a year ago, reported RE/MAX, Denver.