Lastest-Housing-News

June New Home Purchase Mortgage Applications Up 54 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2020 shows mortgage applications for new home purchases increased 54.1 percent compared from a year ago. Compared to May 2020, applications increased by 20 []

Lastest-Housing-News

Refinancing May Hit a 7-Year High

Mortgage originations for refinancings may hit a seven-year high this quarter as Americans chase the lowest home-loan rates ever recorded. Refi volume probably will total $429 billion, more than double the $180 billion of the year-ago []

Lastest-Housing-News

Online Home Shopping Activity Up—Way Up

Reports from Zillow, Seattle, and Redfin, Seattle suggest prospective home buyers are adapting to the Age of Coronavirus by significantly upping their online searches and tours. Zillow said web traffic on its for-sale listings and requests []