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Mortgage Applications See Slight Decrease

Mortgage applications decreased slightly from one week earlier by 0.6%, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Mar. 29, 2024. This week's numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased 0.6% on a seasonally...

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Home Flipping Plummets Nationwide in 2023

In 2023, 308,922 single-family homes and condos were flipped in the United States, according to ATTOM's year-end 2023 U.S. Home Flipping Report. This marks a 29.3% decline from 436,807 in 2022—the largest annual drop since 2008. In short, home flipping plummeted in 2023. Additionally, investment returns declined at their...

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