Mortgage News:
 
New Home Sales Plunge to 3-Year Lows
3/20/2026 1:15 PM
New home sales took a notable step back in January, reversing much of the prior month’s strength and highlighting the volatility that often defines this data series. The Census Bureau reported a seasonally adjusted annual rate of 587,000 , down sharply from December’s 712,000 and 11.3% lower than January 2025. For-sale inventory moved slightl...Read More
 
Reality Check For Refi Demand
3/20/2026 1:08 PM
NOTE: the rates discussed in this article are from MBA"s weekly survey and pertain to last week.  This week"s rates have already moved significantly higher according to our daily data. Mortgage application activity fell sharply last week as rising rates weighed on demand. The Mortgage Bankers Association (MBA) reported a decrease of 10.9% o...Read More
 
Builder Confidence Inches Higher Amid Affordability Concerns
3/20/2026 1:05 PM
Builder confidence ticked slightly higher in March according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), though sentiment remains subdued as affordability concerns continue to weigh on the single-family market. The headline index rose one point to 38 , following a small upward revision to February’s...Read More
 
Purchase Applications Buoy Mortgage Demand Amid Rising Rates
3/13/2026 12:16 PM
Mortgage application activity continued to move higher last week, though the pace slowed considerably as financial markets turned volatile and mortgage rates moved back up from their recent lows. The Mortgage Bankers Association (MBA) reported an increase of 3.2% on a seasonally adjusted basis for the week ending March 6. This week it was purcha...Read More
 
Modest Recovery Keeps Existing Home Sales in The Same Old Range
3/13/2026 12:13 PM
Existing-home sales rebounded modestly in February, recovering some ground after January’s sharp pullback, while improving affordability and slowly expanding inventory helped support buyer activity.Sales rose 1.7% to a seasonally adjusted annual rate of 4.09 million .  “Housing affordability is improving, and consumers are responding,” s...Read More
 
Highest Refi Demand in 4 Years After Last Week"s Rate Rally
3/6/2026 2:00 PM
Mortgage application activity surged last week in response to headlines of mortgage rates stably holding multi-year lows. The Mortgage Bankers Association (MBA) reported an increase of 11.0% on a seasonally adjusted basis for the week ending February 27. Refi applications once again led the charge, jumping 14.3% from the previous week and 109...Read More
 
Mortgage Demand Calm Before The Storm?
2/27/2026 12:27 PM
Mortgage application activity edged ever-so-slightly higher last week, with the Mortgage Bankers Association (MBA) reporting an increase of 0.4% on a seasonally adjusted basis for the week ending February 20. Refi applications continue to do the heavy lifting. The Refinance Index increased 4% from the previous week and was 150% higher than t...Read More
 
Home Prices Still Rising, But Pace Remains Subdued
2/27/2026 12:10 PM
Home price appreciation pulled back slightly at the end of last year, according to December data from both FHFA and S&P/Cotality Case-Shiller. The reports reinforce the message that prices continued to appreciate modestly through the end of 2025. FHFA’s seasonally adjusted House Price Index shows home prices up 1.8% year-over-year in the f...Read More
 
New Home Sales Remain Near Recent Highs
2/20/2026 1:47 PM
If there"s one housing market metric that paints a brighter picture than the rest, it"s New Home Sales data from the Census Bureau. At 745,000, it eased slightly from an upwardly-revised annual rate of 758,000 , but was higher then the pre-revision reading of 737k, and 3.8% above December 2024’s 718,000. Fairly chunky revisions are par for the cou...Read More
 
Pending Sales Dip as Affordability Gains Fail to Spark Demand
2/20/2026 1:42 PM
The National Association of Realtors’ Pending Home Sales Index (PHSI) slipped modestly in January, easily prolonging its stay in a narrow range near all-time lows. Pending home sales decreased 0.8% month over month and were down 0.4% compared with the same time last year. While affordability conditions have improved somewhat as mortgage rates ...Read More




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