According to the Mortgage Credit Availability Index (MCAI) report by the Mortgage Bankers Association, which analyzes data from ICE Mortgage Technology, U.S. mortgage credit availability increased in October 2024.
CBRE's latest Tech-30 report shows that the tech industry boosted its share of U.S. office leasing to 18% in the first three quarters of this year, partly fueled by companies involved in artificial intelligence (AI).
In the National Association of Realtors' latest quarterly report, about 90% of U.S. metro areas (196 out of 226, or 87%) saw home price increases during Q3 of 2024, as 30-year fixed mortgage rates fluctuated between 6.08% and 6.95%.
The National Association of Realtors' newly released 2024 Profile of Home Buyers and Sellers report reveals a historic low in first-time U.S. homebuyer market share, which dropped to 24% from 32% last year.
Posted on October 25, 2024
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