Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Nov. 15, 2024.
Redfin Finds Existing Home Sales Post Biggest Increase in Nearly Three Years
Existing home sales rose 1.6% month over month in October--the biggest gain since January 2022--to a seasonally adjusted annual rate of 4.17 million, according to Redfin, Seattle.
Multifamily, Single-Family Rents Fall Slightly in October, Yardi Matrix Finds
Yardi Matrix, Santa Barbara, Calif., reported that multifamily advertised rents fell $3 to an average of $1,748 in October.
