Thu, Oct 28 2021, 11:17 AM
There were further indications in August that home price gains are beginning to slow. The appreciation rate of the Federal Housing Finance Agency's (F...
Thu, Oct 28 2021, 11:04 AM
The 8.1 percent increase in pending home sales in August, the first gain in three months, didn't start a trend. The National Association of Realtors® ...
Wed, Oct 27 2021, 10:53 AM
Applications for purchase mortgages recovered from a 5 percent drop the prior week to drive a small increase in overall volume during the week ended O...
Tue, Oct 26 2021, 10:49 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 17.4 percent in September compared to a 23.7 perce...
Tue, Oct 26 2021, 10:48 AM
Sales of newly constructed homes surged unexpectedly in September, reaching the highest rate since March . However, a downward revision in the August ...
Thu, Oct 21 2021, 4:27 PM
Existing home sales resumed an upward trajectory in September after dipping 2.0 percent in August. The National Association of Realtors® (NAR) said sa...
Wed, Oct 20 2021, 10:22 AM
The volume of applications for mortgages to purchase newly constructed homes plunged in September, falling 16.2 percent from the September 2020 level ...
Wed, Oct 20 2021, 10:20 AM
Mortgage application volume fell sharply last week, the second decline of more than 6 percent in the past three weeks. Refinancing was down for the fo...
Tue, Oct 19 2021, 2:08 PM
Both Fannie Mae and Freddie Mac (the GSEs) will be expanding their low-income refinance programs to include those making at or below 100 percent of an...
Tue, Oct 19 2021, 10:36 AM
Both permits and housing starts fell in September following an unanticipated increase the previous month. Where the August gains were driven primarily...
Mon, Oct 18 2021, 12:21 PM
Members of the Mortgage Bankers Association (MBA) are holding their annual convention in San Diego this week and the opening day was accompanied by th...
Mon, Oct 18 2021, 12:19 PM
Home builders apparently pushed aside current concerns about supply chain disruptions to display increased confidence in the new home market in Octobe...
Fri, Oct 15 2021, 1:32 PM
The number of homeowners in forbearance receded at a brisk clip last week as the first wave of final expirations continues. Black Knight reports the n...
Fri, Oct 15 2021, 11:18 AM
As was probably inevitable, foreclosure files rose significantly in the third quarter of 2021 and appeared to accelerate in the last month of that qua...
Fri, Oct 15 2021, 10:55 AM
Consumers continue to have divergent opinions about the current environment for buying and selling a home. Fannie Mae says its September National Hous...
Thu, Oct 14 2021, 10:47 AM
Refinancing again dominated mortgage originations in August after falling below a 50 percent market share in both June and July. ICE Mortgage Technolo...
Wed, Oct 13 2021, 10:31 AM
The volume of mortgage applications ticked up last week for the first time in three weeks, but an uptick was the extent of it. The Mortgage Bankers As...
Tue, Oct 12 2021, 4:14 PM
A new report from the National Association of Realtors (NAR) says housing affordability in the U.S. improved in August for the second straight month. ...
Tue, Oct 12 2021, 11:04 AM
While the company estimates that about one million homeowners have not made a monthly mortgage payment in more than a year, CoreLogic says conventiona...
Tue, Oct 12 2021, 11:01 AM
Access to jumbo mortgages increased nearly 6 percent in September, pulling the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Ind...
Fri, Oct 8 2021, 2:53 PM
The number of mortgages in forbearance saw its l argest reduction in 12 months l ast week. Black Knight said 177,000 loans exited the program, many of...
Fri, Oct 8 2021, 2:50 PM
As the result of a Local Employment Dynamics Webinar held earlier this year, the Census Bureau has paired up with Zillow, using their combined data to...
Wed, Oct 6 2021, 11:00 AM
Mortgage applications declined by the largest margin in three months during the week ended October 1. The Mortgage Bankers Association said its Market...
Tue, Oct 5 2021, 4:51 PM
Both CoreLogic and Black Knight have looked at the million plus home loans that are still in forbearance as the majority of those borrowers are quickl...
Tue, Oct 5 2021, 4:48 PM
CoreLogic reported another record rise in its Home Price Index (HPI) in August. The company said the 18.1 percent annual increase was again the result...
Mon, Oct 4 2021, 10:53 AM
Is relief in sight for potential homeowners? Too early to tell, but Black Knight says that the rate of acceleration in home price growth did slow slig...
Mon, Oct 4 2021, 10:37 AM
Construction spending in August, both public and privately funded, was essentially unchanged from the prior month. The Census Bureau said total constr...
Fri, Oct 1 2021, 4:48 PM
The number of loans in forbearance declined by 18,000 during the week ended September 21 and by another 11,000 during the week ended September 28. The...
Wed, Sep 29 2021, 10:49 AM
Pending home sales rebounded in August after falling in both June and July. The National Association of Realtors® (NAR) said its Pending Home Sales In...
Wed, Sep 29 2021, 10:46 AM
Mortgage application volume edged slightly lower during the week ended September 24 , with purchase and finance applications sharing in the dip. The M...
Tue, Sep 28 2021, 1:38 PM
Two important members of the real estate community issued reports related to the impact of climate change within the last week. The Mortgage Bankers A...
Tue, Sep 28 2021, 1:17 PM
The Federal Housing Finance Agency (FHFA) and all three of the S&P CoreLogic Case-Shiller price indices posted annual price gains in excess of 19 perc...
Fri, Sep 24 2021, 11:36 AM
Sales of newly constructed homes performed better than expected in August but remain well behind the pace set in August 2020. The U.S. Census Bureau a...
Thu, Sep 23 2021, 3:54 PM
Homeowner equity grew $2.9 trillion nationwide from the second quarter of 2020 to the same quarter this year. CoreLogic's Homeowner Equity Report show...
Thu, Sep 23 2021, 3:52 PM
Delinquencies hit a new post-pandemic low in August as the national delinquency rate fell by 84,000 loans or 3.48 percent compared to July. It was 41....
Thu, Sep 23 2021, 3:49 PM
Existing home sales ended two months of gains in August, falling 2.0 percent on a seasonally adjusted basis from the previous month. The National Asso...
Wed, Sep 22 2021, 8:10 AM
The Mortgage Bankers Association (MBA) estimates that there were 17 percent fewer applications for new home purchases in August than in July, but thos...
Wed, Sep 22 2021, 8:08 AM
The volume of applications for first mortgages grew by 4.9 percent on a seasonally adjusted basis during the first full week after Labor Day. The Mort...
Tue, Sep 21 2021, 11:36 AM
Residential construction numbers were a surprise again in August. Permits for construction and housing starts were both higher than expected, however,...
Tue, Sep 21 2021, 11:34 AM
A cluster of stories about appraised values of homes in minority areas hit the national news earlier this summer and now Freddie Mac has released an a...
Mon, Sep 20 2021, 11:23 AM
Builder confidence edged its way higher in September, ending a three-month slump. The National Association of Home Builders (NAHB) reports that the NA...
Fri, Sep 17 2021, 1:19 PM
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 s...
Fri, Sep 17 2021, 11:21 AM
Another powerful group of federal officials are in the hotseat after details of their personal finances were revealed. While there are no accusations ...
Thu, Sep 16 2021, 11:02 AM
Refinancing and home purchases had a nearly even share of mortgage originations in July. ICE Mortgage Technology said that 50 percent of closed loans ...
Wed, Sep 15 2021, 10:51 AM
Today there are 400,000 homeowners in their final month of forbearance and another 1.2 million still in the program as it winds down, thus, it is prob...
Wed, Sep 15 2021, 10:19 AM
The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury announced late Tuesday that they were suspending some of the provisi...
Wed, Sep 15 2021, 10:17 AM
The traditional end of summer was accompanied by a tiny boost in the volume of mortgage applications. The Mortgage Bankers Association said its season...
Fri, Sep 10 2021, 3:25 PM
With interest rates expected to rise and most homeowners who could benefit from refinancing having done so, mortgage bankers are not expecting the som...
Fri, Sep 10 2021, 2:17 PM
The other shoe didn't drop last month, but maybe the laces did start to unravel. ATTOM reports that, within a month after the government's pandemic-re...
Fri, Sep 10 2021, 11:06 AM
There was a huge reduction in the number of borrowers in COVID-19 related forbearance plans over the last week as servicers plowed through the remaini...
