Mon, Jun 7 2021, 12:47 PM
While consumers' comfort with their financial situation appears to be improving, their pessimism about homebuying is also growing. Fannie Mae says whi...
Mon, Jun 7 2021, 12:43 PM
The share of refinances originated during a month dropped below 60 percent in April for the first time since September 2020. ICE Mortgage Technology, ...
Fri, Jun 4 2021, 8:45 AM
It wasn't a complete record setter, but mortgage bankers still established a few same quarter and other new highs as they kicked off the year with ano...
Thu, Jun 3 2021, 8:11 AM
The U.S. Census Bureau has released pieces of its 2020 report, Characteristics of New Housing. This is a massive annual compilation of data on what bu...
Wed, Jun 2 2021, 1:44 PM
While many workers plan, at least according to recent surveys, to continue spending at least part of each week working from home, a shorter commute st...
Tue, Jun 1 2021, 12:41 PM
Construction spending inched up in April, but the increase was tempered by a decline in publicly funded projects. The U.S. Census Bureau put the rate ...
Tue, Jun 1 2021, 11:12 AM
CoreLogic says that April saw further acceleration in the growth of housing prices. The company, which reported an 11.3 percent annual increase in hou...
Tue, May 25 2021, 11:46 AM
The superlatives are getting tired - historic, record setting - but they have to come into play again with the March home price gains. A spokesperson ...
Tue, May 25 2021, 11:28 AM
Sales of newly constructed homes gave back some of their March gains last month, declining 5.9 percent to a seasonally adjusted annual rate of 863,000...
Mon, May 24 2021, 12:47 PM
A recent policy brief from the Urban Institute (UI) suggests a radical but common-sense solution for achieving affordable housing - homeownership. UI ...
Fri, May 21 2021, 12:16 PM
Existing home sales posted their third monthly loss in April, falling 2.7 percent compared to sales in March. The National Association of Realtors® (N...
Fri, May 21 2021, 10:28 AM
American homeowners, even some of those most affected by the pandemic, seems to be edging back from anything resembling the foreclosure avalanche of 2...
Thu, May 20 2021, 4:38 PM
Fannie Mae upwardly revised its GDP forecast for the year from 6.8 percent to 7.0 percent in its May report on economic development. The company's eco...
Wed, May 19 2021, 8:45 AM
Mortgage originations are still finding much of their strength in the refinance sector even during those weeks when rates increase. The Mortgage Banke...
Tue, May 18 2021, 10:50 AM
Housing starts fell back from the annual rate of 1,733,000 units reported for March. Residential starts in April were down 9.5 percent to a seasonally...
Mon, May 17 2021, 11:05 AM
The National Association of Home Builders (NAHB) said new home builders are not losing faith in the market for new homes despite their growing concern...
Thu, May 13 2021, 4:40 PM
That applications for mortgages to purchase newly constructed homes rose 30.8 percent in April compared to a year ago is not a particularly useful pie...
Wed, May 12 2021, 10:35 AM
Mortgage application volume rose for the first time since mid-April last week. The Mortgage Bankers Association (MBA) said its Market Composite Index,...
Wed, May 12 2021, 8:07 AM
Metro area home prices rose sharply in the first quarter of 2021 and virtually every part of the country was impacted. The National Association of Rea...
Wed, May 12 2021, 8:05 AM
Access to mortgage financing improved in April, driven by a large gain in the availability of both conforming and jumbo mortgages. The Mortgage Banker...
Tue, May 11 2021, 10:42 AM
Mortgage delinquency rates ticked up slightly in February, the first increase since August 2020 . CoreLogic said the national delinquency rate at the ...
Mon, May 10 2021, 11:34 AM
Fannie Mae has conducted the National Housing Survey every month since 2011. Among its most prominent questions are those relating to home buying and ...
Mon, May 10 2021, 11:28 AM
The Mortgage Bankers Association (MBA) reports that the percentage of non-current mortgages dropped by 35 basis points (bps) in the first quarter of 2...
Fri, May 7 2021, 11:37 AM
In a recent post on the National Association of Home Builder's (NAHB's) Eye on Housing blog, chief economist Paul Emrath said rising softwood lumber p...
Fri, May 7 2021, 10:15 AM
There was a sharp decline in the number of loans in forbearance during the week ended May 4. Black Knight says this has come to be the norm during the...
Thu, May 6 2021, 10:47 AM
Fannie Mae and Freddie Mac (the GSEs) have provided details for their streamlined refinance programs that were originally announced by the Federal Hou...
Thu, May 6 2021, 10:44 AM
Another home price index shows double digit annual price increases, this time for March, and the CoreLogic HPI also has the highest month-over-month g...
Wed, May 5 2021, 10:52 AM
The Consumer Financial Protection Bureau (CFPB) says the overall mortgage related complaints it has received recently are at their highest level in th...
Wed, May 5 2021, 8:16 AM
Mortgage application volume lost ground again last week, although the decline was small and refinancing volume pulled out a sliver of a gain. The Mort...
Tue, May 4 2021, 4:56 PM
The GSEs Fannie Mae and Freddie Mac have been given orders to develop so-called living wills. Such wills are credible resolution plans that outline ho...
Tue, May 4 2021, 4:54 PM
Nationwide spending on construction edged up fractionally in March, but the big story was the annual gain in residential construction spending, especi...
Mon, May 3 2021, 12:42 PM
Black Knight's "first look" at March loan performance data explored the somewhat traditional dip in delinquencies each March due to calendar events li...
Mon, May 3 2021, 12:18 PM
Both Fannie Mae and Freddie Mac reported improved income during the first quarter of 2021. Fannie Mae said its net income increased from $4.57 billion...
Fri, Apr 30 2021, 10:55 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 27.2 percent in March compared to a 17.7 percent g...
Fri, Apr 30 2021, 10:53 AM
The number of loans in forbearance rose over the past week, driven by increases in those held in bank portfolios and private label securities (PLS). B...
Thu, Apr 29 2021, 10:55 AM
While the degree to which is happened was somewhat disappointing, pending home sales did snap out of a two-month slump in March . The National Associa...
Thu, Apr 29 2021, 10:39 AM
There has been a significant reduction mortgage processing times since the first of the year according to ICE Mortgage Technology. Its Origination Ins...
Wed, Apr 28 2021, 12:05 PM
Earlier this month the Urban Institute pointed out that the unprecedented low interest rates of the pandemic era have not benefitted everyone. Their r...
Wed, Apr 28 2021, 10:57 AM
Lenders will have more than an additional year to comply with the General Qualified Mortgage (QM) Rule . The Consumer Financial Protection Bureau (CFP...
Wed, Apr 28 2021, 8:42 AM
The national homeownership rate moved fractionally higher in the first quarter of 2021 when compared to the same quarter in 2020 but was lower than in...
Wed, Apr 28 2021, 8:27 AM
The solid 8.6 percent increase in mortgage application volume during the week ended April 16, only the fourth gain thus far in 2021, was short lived. ...
Tue, Apr 27 2021, 11:34 AM
A month after interest rates began to rise, neither the S&P CoreLogic Case-Shiller indices nor that from the Federal Housing Finance Agency (FHFA) fou...
Fri, Apr 23 2021, 12:09 PM
New home sales reversed direction in March, fully recovering from the 18.2 percent nosedive those sales took in February. The Census Bureau said sales...
Fri, Apr 23 2021, 10:33 AM
The Mortgage Bankers Association (MBA) is predicting a banner year for purchase mortgage originations. The Association's chief economist and senior vi...
Fri, Apr 23 2021, 10:32 AM
Existing home sales declined for the second straight month in March. The National Association of Realtors® (NAR) said single-family homes, townhomes, ...
Thu, Apr 22 2021, 10:48 AM
For months, the National Association of Home Builders (NAHB) has been citing lumber prices as one of the headwinds faced by new home builders as they ...
Thu, Apr 22 2021, 10:44 AM
Black Knight's "first look" at loan performance data in March brought back memories of an old TV ad, "Is it real or is it Memorex?" The company said t...
Wed, Apr 21 2021, 9:45 AM
Mortgage application volume broke out of a six-week slump in a big way during the week ended April 16. The Mortgage Bankers Association said its Marke...
Tue, Apr 20 2021, 10:53 AM
The Urban Institute (UI) is advocating for a streamlined refinancing program similar to the Home Affordable Refinance Program (HARP) which aided many ...
Mon, Apr 19 2021, 12:30 PM
Incoming data for March has caused Fannie Mae to again revise its forecast for the year's growth in gross domestic product (GDP). The company's Econom...
