14+ hour, 35+ min ago   (562+ words) The MBA Purchase Applications Payment Index (PAPI) shows July affordability improved as the median purchase applicant mortgage payment declined to $2,175. The national PAPI fell 1.3% to 155.8, and payments were up 2.2% year over year. AI Summary Homebuyer affordability improved in July as…...

1+ day, 13+ hour ago   (328+ words) Housing demand in 2026 stayed mostly positive until mortgage rates rose above 6.64% for longer stretches. Recent data shows MBA purchase apps turning negative year over year and weekly pending sales at 66,177 vs 67,173 a year ago, while total pending sales are 379,819 vs…...

1+ day, 16+ hour ago   (371+ words) Building material costs rose a median 6.7% over the past year, with the smallest homebuilders seeing the steepest increases and large production builders largely insulated, according to new survey data from the National Association of Home Builders. Results from the July…...

2+ day, 11+ hour ago   (886+ words) Mortgage rates moved higher in the last week of August despite a Treasury plan to buy back long-term debt starting Sept. 9. Market focus on inflation, oil, deficits and nonagency risk pushed jumbo rates to 7.14%. AI Summary Mortgage rates are still…...

3+ day, 9+ hour ago   (503+ words) May 2026 HECM broker and TPO rankings were largely unchanged, and endorsements were relatively flat from April. Atlantic Avenue led with 75 endorsements, followed by loanDepot with 48. AI Summary Home Equity Conversion Mortgage (HECM) production data for May 2026 shows that the nation’s…...

5+ day, 8+ hour ago   (367+ words) Mortgage spreads remain closer to normal and are preventing mortgage rates from breaking above 7% even as the 10-year yield stays elevated. The primary driver of the long end remains conflict related inflation risk, while housing data shows modest inventory gains…...

1+ week, 3+ day ago   (477+ words) A Summit County broker describes a split Colorado market, with Front Range demand constrained by mortgage affordability while resort luxury is less rate sensitive. The column argues pricing and positioning matter more when homes have few true comparables and many…...

1+ week, 5+ day ago   (590+ words) Mid-August inventory increased as demand softened with mortgage rates above 6.64%, though rates remain under 7% due to improved spreads. New listings are in seasonal decline, and pending sales and purchase apps have recently turned slightly negative year over year. AI Summary…...

1+ week, 6+ day ago   (269+ words) Post WWII history shows many recessions but only 1 foreclosure crisis tied to a credit boom and bust. In 2026, the NY Fed foreclosure series remains below 2019, and the key confirmation signal, a sustained jump in new listings, has not appeared. AI…...

2+ week, 1+ day ago   (1084+ words) Price cuts are getting closer to last year’s levels nationally, but the battle for leverage is playing out very differently from market to market. HousingWire Data shows why rising inventory doesn’t always mean more price cuts, and why more price…...