The number of homes flipped by investors grew by 3.5 percent in the second quarter of the year. It was the first increase in more than a year. ATTOM says its second quarter U.S. Home Flipping Report shows that 79,733 single-family homes and condominiums in the United States were flipped during that period. Those transactions represented 4.9 percent of all home sales, or one in 20 transactions compared to one in every 29 sales in the first quarter. Flips were down 6.8 percent from one in 15 transactions in the second quarter of 2020. The recent number was lower than the flipping rate through most of the last decade. ATTOM defines a flip as an arms-length transaction involving a single-family home or condo that occurred within 12 months of a previous arms-length transaction on the same property

September 21, 2021 Download our Mobile App: Download our Mobile App: Rob Chrisman Sales, MLO Jobs; Education, Tax, Sales, Pre-Qual, Licensing Products; Lender Stock Prices; Events; Forbearance Improvement A sign in the window reads CURED MEATS. Inside, a salami takes his first steps since the accident. A prosciutto learns to forgive. There are all kind of things going on! First, a healthy, active secondary market helps rates in the primary markets. Fa... (read more) Housing News Flipping Transactions Increase, Profits Do Not The number of homes flipped by investors grew by 3.5 percent in the second quarter of the year. It was the first increase in more than a year. ATTOM says its second quarter U.S. Home Flipping Report shows that 79,733 single-family homes and condomini... (read more) Housing News Fed Ethics Rules Get High-Powered Review Another powerful group of federal officials are in the hotseat after details of their personal finances were revealed. While there are no accusations of wrong-doing (unlike the case of several senators who faced ethics reviews in 2020), the financial... (read more) Mortgage Rates Highest Rates in a Week After Surprisingly Strong Economic Reports 30 Yr. Fixed Rate 6.75% +0.02% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.75% +0.02 0.00 15 Yr. Fixed 5.98% +0.01 0.00 30 Yr. FHA 6.27% +0.02 0.00 30 Yr. Jumbo 6.85% +0.01 0.00 7/6 SOFR ARM 6.32% -0.01 0.00 30 Yr. VA 6.29% +0.03 0.00 Updates Daily - Last Update: 7/3 15 Yr. Fixed Rate 5.98% +0.01% Rate Change Points Freddie Mac 30 Yr. Fixed 6.67% -0.10 0.00 15 Yr. Fixed 5.80% -0.09 0.00 Updates Weekly - Last Update: 7/3 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.79% -0.09 0.62 15 Yr. Fixed 6.06% -0.05 0.67 30 Yr. Jumbo 6.78% -0.10 0.40 Updates Weekly - Last Update: 6/26 MBS / Treasuries MBS Live Recap: A Few Strategy Considerations Ahead of The Fed UMBS 30YR 5.5 99.64 -0.20 Price / Yield Change MBS UMBS 5.5 99.64 -0.20 UMBS 6.0 101.43 -0.13 GNMA 5.5 99.86 -0.11 GNMA 6.0 101.34 -0.06 Pricing as of: 7/6 7:21PM EST 10 Year US Treasury 4.3467 +0.0669 Price / Yield Change US Treasury 2 YR Treasury 3.883 +0.095 5 YR Treasury 3.937 +0.070 7 YR Treasury 4.125 +0.068 10 YR Treasury 4.347 +0.067 30 YR Treasury 4.863 +0.055 Pricing as of: 7/6 7:21PM EST Latest Video Could the Fed announce a taper this week? The 9am Bond Report - September 21, 2021 Housing starts up 3.9% vs. 1.0% estimate Former Dallas Fed president on what to expect from Fed meeting Around the Web CNBC The Fed will try to soothe markets Wednesday, while preparing investors for end to bond buying Calculated Risk Blog Prime Age Participation Rate CNBC The Fed likely will wait until November for taper announcement, CNBC survey indicates Calculated Risk Blog Comments on August Housing Starts Reuters U.S. House to vote Tuesday to fund gov't through Dec. 3, raise debt limit Reuters China Evergrande's rising default risks shift focus to possible Beijing rescue Calculated Risk Blog Housing Starts increased to 1.615 Million Annual Rate in August CNBC U.S. Treasury yields bounce slightly after Monday's big sell-off in equities Reuters U.S. Democrats set showdown with Republicans on federal debt limit CNBC Banks consider climate risk for home loans, a process called 'underwaterwriting' or 'blue-lining' Reuters China Evergrande contagion concerns rile global markets Reuters Wall St drops 2% on growth worries; focus turns to Fed? Calculated Risk Blog Housing Inventory Sept 20th Update: Inventory Up 1.2% Week-over-week, Up 42% from Low in early April

© 2025  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.