Mortgage delinquencies kept climbing in September

Mortgage delinquencies kept climbing in September

September signified a steady decline in mortgage performance since the end of third-quarter 2023. About 3% of all mortgages were in some form of delinquency in September 2024 — up 20 basis... Read more »
Single-family housing starts jump 2.7% in September

Single-family housing starts jump 2.7% in September

CNBC's Diana Olick joins 'The Exchange' to report on new housing numbers for September. Source link Read more »
Inflation Rate Falls to 2.4% in September

Inflation Rate Falls to 2.4% in September

The US inflation rate fell to 2.4% in September 2024, marking a significant improvement in the nation’s economic landscape. This is the lowest inflation rate recorded since February 2021, as reported by various... Read more »
Reverse mortgage volume, HMBS issuance show little movement in September

Reverse mortgage volume, HMBS issuance show little movement in September

The reverse mortgage industry could begin seeing some benefits of lower interest rates, but endorsement volume and securities issuance largely continued its trend from the prior month. Home Equity Conversion Mortgage (HECM)... Read more »
Helping condo boards stay afloat during the storms of September

Helping condo boards stay afloat during the storms of September

In 2024, the United States has already battled a year of extremes from tornadoes, hurricanes and flash flooding. Watery catastrophes have become far more and condo flooding is on the rise. September tends... Read more »
Mortgage rates fall to levels not seen since September

Mortgage rates fall to levels not seen since September

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate... Read more »
US annual rent growth slows for the 17th straight month in September: CoreLogic

US annual rent growth slows for the 17th straight month in September: CoreLogic

Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three years. That’s according to CoreLogic’s Single-Family Rent Index (SFRI),... Read more »
Pending Home Sales Grew 1.1% in September: What Lies Ahead?

Pending Home Sales Grew 1.1% in September: What Lies Ahead?

The Pending Home Sales Index is a leading indicator of housing activity. It measures housing contract activity and is based on signed real estate contracts for existing single-family homes, condos, and co-ops.... Read more »
New Home Sales Surge 12.3% in September 2023

New Home Sales Surge 12.3% in September 2023

New Home Sales, commonly referred to as “new residential sales,” is an economic indicator that tracks the sale of newly constructed residences. It is extensively watched by investors since it is seen... Read more »
September Sees 2.8% Median Price Surge

September Sees 2.8% Median Price Surge

The real estate housing market is a complex and dynamic industry that is constantly evolving. While the future is unpredictable, current trends can provide insights into what we can expect in the... Read more »