Americans are largely keeping up with their mortgage payments, but new data shows that cracks are forming beneath the surface, which should raise red flags for borrowers and lenders alike. The nationwide delinquency rate stood at 3.2% in May, according to ICE’s July mortgage monitor report, two basis points down from April but 5.2% higher […]
FHA borrowers face mounting mortgage pressure Read More »
One of the most surprising pieces of housing economic data for 2025 is that purchase apps for the existing home sales market have shown 22 weeks of year-over-year growth. And that includes nine consecutive weeks of double-digit year-over-year growth in recent weeks. Normally, this would be a significant news story, but the confusion surrounding this
Why mortgage purchase apps are on a 22-week growth streak Read More »
Major US trading partners hurried over the weekend to secure trade deals or lobby for extra time, while Treasury Secretary Scott Bessent indicated that some countries lacking an agreement by the deadline Wednesday will have the option of a three-week extension to negotiate. READ MORE: NAHB’s top economist weighs tariffs, immigration, economics “We’re going to
Nations chase US trade deals as Bessent hints at extension Read More »