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Mortgage applications for new home purchases were down by 8% in July from the previous month, according to the Mortgage Bankers Association’s (MBA) latest builder survey. The MBA said that new home purchases were up 2.4% from July 2015. The seasonally adjusted...

It is getting a lot more difficult for Americans to afford owning a home in many areas across the country. Historic low rates are not much help to home buyers because rapidly rising home values have caused affordability to decline in the second quarter compared to a...

Mortgage delinquencies are at the lowest level since 2006, and foreclosure starts are at the lowest level in 16 years, according to the latest Mortgage Bankers Association’s (MBA) National Delinquency Survey. The delinquency rate for home loans dropped 11 basis...

Mortgage applications were up by 7.1% for the week ending August 5, 2016, according to latest weekly report from the Mortgage Bankers Association (MBA). Almost all mortgage categories had increased significantly from the previous week. Purchase loan applications...

Mortgage rates for this Tuesday afternoon are mostly stable at the nation’s top lenders. The current national average for the 30-year fixed-rate mortgage (FRM) is at 3.43%, and the 15 year mortgage is 2.74%. The 5-year adjustable-rate mortgage (ARM) is averaging...

Lower mortgage rates, rising home values, and higher sales volumes show that the housing market recovery is continuing, according to the latest July Housing Scorecard issued by the U.S. Department of Housing and Urban Development (HUD). Single-family new home sales...