Mortgage data Archive

Generational Low Mortgages

We all know about the current historic low mortgage rates.  Today’s report from Freddie Mac survey indicated a 3.55 percent average on a 30-year fixed rate mortgage.  Sometimes it is worth reviewing past data, particularly for the younger generation,...

Mortgage Purchase Applications

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses mortgage purchase applications....

Add Jobs: Adopt Reasonable Credit Requirements for Residential Mortgages

The Great Recession is over, but we are still short on jobs.  In responding to the Realtors® Confidence Index NAR members indicate that credit standards continue to be unreasonably tight.  The level of home sales appears to be held...

Member Profile: Difficulties in Obtaining Mortgage Financing

For the third consecutive year REALTORS® reported that the most cited reason for limiting potential clients was the difficulty in obtaining mortgage financing, at thirty percent. There was a decline in the share of members who reported the most important factor limiting clients...

New Home Sales

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses new home sales....