Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending Aug. 30, 2024.
Construction Spending Falls on a Monthly Basis in July, Census Bureau Reports
Construction spending in July was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3% below the revised June estimate, but 6.7% above the July 2023 estimate, the U.S. Census Bureau reported.
Redfin Reports Typical Down Payment Hits Record $67,500
The typical down payment for U.S. homebuyers hit a record $67,500 in June, up nearly 15% from $58,788 a year earlier, according to a new report from Redfin, Seattle.
