2026

Completed Foreclosures in U.S. Spike 23 Percent Annually in July

Texas, Florida and California Lead U.S. in Foreclosure Starts as Distress Builds U.S. foreclosure activity increased in July 2026, with lenders starting more proceedings and repossessing more properties than a year earlier, signaling continued financial pressure on some homeowners even as the broader housing market remains far from the distress levels seen before the pandemic. A total of 39,906 U.S....

Mortgage Demand Slips in August as Higher Rates Cool U.S. Home Purchases

Mortgage application activity edged lower last week as borrowing costs rose to their highest level in three weeks, adding fresh pressure to a housing market already struggling with subdued purchase demand and limited refinancing incentives. The Mortgage Bankers Association's seasonally adjusted Market Composite Index, which tracks U.S. mortgage-loan application volume, fell 1.0% in the week ended August...

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