The WPJ

Washington D.C.

Mortgage Applications Slightly Uptick in Late June

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending June 24, 2022, U.S. mortgage applications increased 0.7 percent from one week earlier. This week's results include an adjustment for the observance of the Juneteenth holiday.

U.S. Pending Home Sales Remain Flat in May

According to the National Association of Realtors, U.S. pending home sales crept higher in May 2022, ending a six-month streak of declines.

U.S. Mortgage Application Payments Spike $513 in 2022

According to the Mortgage Bankers Association's latest Purchase Applications Payment Index, U.S. homebuyer affordability was mostly unchanged in May 2022, with the national median payment applied for by applicants up slightly to $1,897 from $1,889 in April. 

U.S. Home Sales Retreat in May, Further Slowing Expected in 2022

According to the National Association of Realtors, existing U.S. home sales retreated for the fourth consecutive month in May 2022. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions.

Washington D.C. Property News



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