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Mortgage Applications Increase in Latest MBA Weekly Survey
November 11 2026 | |
“Mortgage rates declined for the fourth straight week, with the 30-year fixed rate dropping to 7.21 percent, the lowest rate since mid-September. Moreover, the FHA rate was back below 7 percent and was more than 20 basis points lower than the conforming rate, which helped first-time home buyers currently in the market,” said Joel Kan, CMB, MBA’s Vice President and Deputy Chief Economist.
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TrueFocus Automation's Security Controls Verified by Successful SOC 2 Type 2 Audit
November 11 2026 | |
TrueFocus Automation builds software bots that take on repetitive tasks for title agencies, lenders and real estate companies, from order intake through post-closing audits. “Title agencies and lenders count on us to support their teams every day, and they have every right to expect that we hold ourselves to the same security standards they do,” said Jimmy Lewis, Co-Founder and CEO of TrueFocus Automation.
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Remodeling Activity Holds Flat in Second Quarter Amid Housing Slowdown
November 09 2026 | |
“Rising construction costs and weak consumer sentiment are weighing on projects and keeping spending flat, but the remodeling sector has solid long-term growth potential,” said NAHB Remodelers Chairman Elliott Pike, a remodeler from Homewood, Ala. “An aging housing stock, the mortgage rate lock-in effect, home equity gains and more home owners choosing to age in place will support future growth.”
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First-Time Home Buyer Share Inches Up to 22%, Median Age Remains at Record High of 40
November 08 2026 | |
“Affordability remains the biggest hurdle for first-time buyers,” said Jessica Lautz, NAR deputy chief economist and vice president of research. “The share of first-time buyers is still about half the historical norm of 40% seen before 2008, and those saving on their own continue to face high rent, student debt, and a shortage of homes they can afford.”
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Multifamily Developer Confidence Weakens in Third Quarter
November 05 2026 | |
“Developer sentiment about new multifamily production has definitely softened, due to challenges such as rising interest rates, construction costs that are high relative to rents, and problems getting projects approved and connected to roads and utilities,” said Kip Lewis, director of construction management at OCCH in Columbus, Ohio, and chairman of NAHB’s Multifamily Council. “As a result, many projects are taking longer to complete.”
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Mortgage Applications Decrease in Latest MBA Weekly Survey
November 04 2026 | |
“Mortgage rates drifted down to their lowest level since September 2026 last week in the wake of the Federal Reserve’s decision to hold on additional rate hikes at its October meeting,” said Mike Fratantoni, MBA’s SVP and Chief Economist. “While the 30-year rate declined to 7.3 percent, activity is still quite slow, with purchase application volume down for the week and refinance volume effectively flat at a very low level."
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