Mortgage rate lock volume remained flat in October amid headwinds

Mortgage rate lock volume remained flat in October amid headwinds

Affordability headwinds continued in the mortgage industry with mortgage rate lock volume remaining virtually flat in October. Both purchase and refinance volumes continued to wane in the face of the highest mortgage... Read more »
Houston’s Homes Sales Show Resilience with Minor Dip in October 2023

Houston’s Homes Sales Show Resilience with Minor Dip in October 2023

Despite facing its 19th consecutive month of year-over-year declines in home sales, Houston’s housing market exhibited resilience in October 2023, marking the smallest dip of the year. The Houston Association of Realtors... Read more »
Homebuyers faced high mortgage rates, worsening affordability in October: ICE

Homebuyers faced high mortgage rates, worsening affordability in October: ICE

Stubbornly elevated mortgage rates created more affordability pressures for homebuyers in October, according to ICE Mortgage Technology’s November Mortgage Monitor report. In October, the monthly payment needed to purchase a median-priced home... Read more »