Home price appreciation continued to accelerate in the second quarter, driven by robust housing demand, which continues to outpace the supply of homes for sale. Some prospective home buyers have taken out larger loans, while others, such as first-time homebuyers or those looking for less expensive homes, have been priced out of the market.
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Employers Add 235,000 August Jobs
U.S. employers added 235,000 jobs in August—considerably below July’s massive 1.05 million job gain—as the economy struggled to hold momentum amid rising Delta variant coronavirus cases, the Bureau of Labor Statistics reported Friday.
MBA Chart of the Week Sept. 7 2021: Home Price Appreciation, Average Loan Sizes
Home price appreciation continued to accelerate in the second quarter, driven by robust housing demand, which continues to outpace the supply of homes for sale. Some prospective home buyers have taken out larger loans, while others, such as first-time homebuyers or those looking for less expensive homes, have been priced out of the market.
MBA Weekly Applications Survey Sept. 1, 2021: Refis Down, Purchases Up
With refinance applications and purchase applications moving in different directions, overall mortgage application activity fell last week as interest rates held steady, the Mortgage Bankers Association reported Wednesday in its Weekly Applications Survey for the week ending Aug. 27.
MBA Weekly Applications Survey Sept. 1, 2021: Refis Down, Purchases Up
With refinance applications and purchase applications moving in different directions, overall mortgage application activity fell last week as interest rates held steady, the Mortgage Bankers Association reported Wednesday in its Weekly Applications Survey for the week ending Aug. 27.
MBA Weekly Applications Survey Aug. 25, 2021: Purchases at Highest Level Since July
Mortgage applications increased from one week earlier as interest rates slid back toward 3 percent, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending August 20.
MBA Weekly Applications Survey Aug. 25, 2021: Purchases at Highest Level Since July
Mortgage applications increased from one week earlier as interest rates slid back toward 3 percent, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending August 20.
Existing Home Sales Post Modest July Increase
Existing home sales rose for the second straight month to their highest level since March, the National Association of Realtors reported Monday.
The Week Ahead Aug. 23, 2021: Another Busy Week for Housing
Good morning! We hope you are enjoying this summer and are safe from forest fires, triple-degree temperatures, hurricanes, tropical storms, locusts, frogs and blight. Oh, and the apparent return of “murder hornets.”
MBA Weekly Applications Survey Aug. 18, 2021: Applications Down as Rates Crawl Above 3%
Mortgage applications fell by nearly 4 percent last week as interest rates crept above 3 percent for the first time in a month, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending August 13.