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John Burns survey finds 75% homebuilders buying down buyers' mortgage rates to make payments more affordable; such incentives encouraging more consumers to consider buying new homes versus existing homes, as resale market can’t compete with those offers
Published: January 31, 2023 by Fortune
US homebuyer affordability improved in December as the national median payment applied for decreased 2.9% to US$1,920 from US$1,977 in November: Mortgage Bankers Assn.
Published: January 26, 2023 by Mortgage Bankers Association
US 30-year fixed-rate mortgage averaged 6.13% as of Jan. 26, down from 6.15% a week ago; 30-year FRM averaged 3.55% a year ago: Freddie Mac
Published: January 26, 2023 by Federal Home Loan Mortgage Corp. (Freddie Mac)
US mortgage applications increased 7.0% in week ended Jan. 20 from one week earlier; Refinance Index increased 15.0%, Purchase Index increased 3.0%: Mortgage Bankers Assn
Published: January 25, 2023 by Mortgage Bankers Association
Share of US mortgage loans in forbearance at 0.70% as of Dec. 31, flat from November; share of Ginnie Mae loans in forbearance down 1 basis point to 1.45%, Fannie Mae and Freddie Mac loans in forbearance fell 1 basis point to 0.31%: Mortgage Bankers Assn.
Published: January 24, 2023 by Mortgage Bankers Association

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