Market News
Mortgage Application Activity Falls to the Lowest Level Since 2000 Amid Higher Rates and Recession Fears
Posted on Aug 23rd, 2022
The numbers: Housing market activity continues to slow, as declines in in purchase and refinance applications to push the Market Composite Index, a measure of mortgage loan application volume, lower, the Mortgage Bankers Association …
123 Housing Markets Will Have Home Price Declines In 2023, While 780 Will See Increases
Posted on Aug 22nd, 2022
This summer, the U.S. housing market entered into a sharp slowdown. That only intensified last month. On a year-over-year basis, new-home sales and existing-home sales are now down 17.4% and 20.2%, respectively. While single-family …
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