Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 15.6% from one week earlier, according to the Mortgage Bankers Association’s Weekly Applications Survey for the week ending June 7, 2024.
Fannie Mae Says Homebuying Sentiment Hits New Survey Low
The Fannie Mae Home Purchase Sentiment Index decreased 2.5 points in May to 69.4 as the component measuring consumer attitudes toward homebuying conditions fell markedly, reaching a survey low.
Redfin: Asking Rents Hit Highest Level Since 2022
Redfin, Seattle, found the median asking rent increased 0.8% year-over-year in May to $1,653, just $47 below the record high hit in August 2022.