Citizens Policy Count Stable

Citizens Property Insurance Corp. ended last week with about 769,000 policies, showing little change as private insurers continue assuming policies.

Refi Demand Ebbs Gradually As Rates Remain Rangebound

Mortgage application activity declined again last week as refi demand continues pulling back after the surge in mid September. According to MBA’s Weekly Applications Survey for the week ending October 3, total volume fell 4.7% on a seasonally adjusted basis and 5% unadjusted. The Refinance Index dec

Mortgage Rates Ease to Yearly Low

Rates on 30-year mortgages slipped to 6.3% from 6.34% last week, while rates on 15-year mortgages dropped to 5.53% from 5.55% last week.

Most Americans Use AI for Housing Market Info

A new survey found 82% of Americans use AI like ChatGPT and Gemini for housing insights, but agents remain the most trusted information source.