- Buyers returned to the spring market despite economic jitters. Purchase mortgage apps rose 11% for the week and 13% from a year ago.
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- First-time homebuyers made up 58% of agency purchase lending in the 1st quarter of 2025, according to the ICE Mortgage Monitor.
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- Fannie Mae reports fewer people think it’s a good time to sell, as rising inventory, stalled sales, and economic uncertainty fuel competition fears.
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