Wed, Mar 27 2024, 8:42 AM
The Mortgage Bankers Association said its Market Composite Index moved lower last week, apparently indifferent to a slight improvement in mortgage int...
Tue, Mar 26 2024, 1:53 PM
Sales of newly constructed homes were virtually unchanged in February. The 662,000 seasonally adjusted annual units recorded in during the month was d...
Fri, Mar 22 2024, 1:44 PM
Rather than easing back from the January level as expected, existing home sales shot significantly higher in February, The National Association of Rea...
Wed, Mar 20 2024, 8:14 AM
After rising a cumulative 17 percentage points over the prior two weeks, mortgage application volume slowed slightly last week. The Mortgage Bankers A...
Tue, Mar 19 2024, 12:51 PM
Builder confidence rose for the fourth straight month and residential construction stats may now be trying to catch up. Both construction permits and ...
Wed, Mar 13 2024, 8:54 AM
A surge in refinance applications drove mortgage application volume higher for the second straight time last week. The Mortgage Bankers Association sa...
Wed, Mar 6 2024, 8:59 AM
Whether prompted by a tiny improvement in mortgage rates or the first stirrings of a spring market, mortgage activity reversed course last week. The M...
Fri, Mar 1 2024, 3:51 PM
Sometimes you'll see coverage of economic data that conforms to certain template with a predictable details and word counts. Rarely, the word count w...
Wed, Feb 28 2024, 8:37 AM
The week ending February 23 produced the third consecutive period of declining mortgage activity. The Mortgage Bankers Association (MBA) said its Mark...
Tue, Feb 27 2024, 11:55 AM
Despite the upward path of interest rates, both the CoreLogic Case-Shiller indices and the Housing Price Index (HPI) published by the Federal Housing ...
Mon, Feb 26 2024, 3:24 PM
With the market for existing homes struggling amid a lack of inventory, New Home Sales continue doing the heavy lifting for the housing market. Rathe...
Thu, Feb 22 2024, 1:23 PM
Prospects for the spring market look a bit brighter as January numbers show an increase in both the pace of existing home sales and the size of the un...
Wed, Feb 21 2024, 8:43 AM
Higher interest rates continued to depress mortgage applications last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a ...
Fri, Feb 16 2024, 11:10 AM
Even though the National Association of Home Builders (NAHB) reported the third consecutive increase in its measure of home builder confidence, actual...
Wed, Feb 14 2024, 9:02 AM
Higher mortgage rates hindered application activity during the week ended February 9. The Mortgage Bankers Association (MBA) said its Market Composite...
Wed, Feb 7 2024, 8:44 AM
Mortgage application volume rose modestly during the week as mortgage rates marked time. The Mortgage Bankers Association (MBA) said its Market Comp...
Fri, Jan 26 2024, 12:54 PM
Pending home sales surged last month, far exceeding analysts’ expectations. The National Association of Realtors® (NAR) said its Pending Home Sales In...
Thu, Jan 25 2024, 2:43 PM
New home sales finished 2023 on a positive note , posting seasonally adjusted numbers higher than in both November and the prior December. The U.S. Ce...
Wed, Jan 24 2024, 8:31 AM
Mortgage application activity has increased in each of the three weeks of the New Year, even though two of those weeks were impacted by federal holida...
Thu, Jan 18 2024, 12:39 PM
December’s housing starts failed to sustain their November growth but permit activity as well as positive news out of the National Association of Home...
Wed, Jan 17 2024, 8:32 AM
Mortgage application activity continued its strong post-holiday performance during the week ended January 12. The Mortgage Bankers Association (MBA)...
Wed, Jan 10 2024, 8:36 AM
Mortgage activity rose significantly during the week ended January 5, but it faced a pretty low bar. Loan application numbers were adjusted to account...
Mon, Jan 8 2024, 1:33 PM
Even as consumer sentiment about housing remained generally pessimistic, a change in perceptions about the future of mortgage interest rates did a lot...
Wed, Jan 3 2024, 9:01 AM
Mortgage activity took the usual hit over the last two weeks as the country celebrated a variety of religious and secular holidays. The Mortgage Broke...
Thu, Dec 28 2023, 3:15 PM
The National Association of Realtors (NAR) releases two widely followed home sales reports. Existing Home Sales measure transactions of homes other t...
Wed, Dec 20 2023, 7:00 AM
The Thanksgiving holiday was followed by two strong weeks for mortgage applications, especially for refinancing, as mortgage rates fell. This past wee...
Tue, Dec 19 2023, 12:46 PM
Housing starts, which had risen modestly in September and October, soared last month, topping 1.5 million units for the first time in 2023 . The U.S....
Wed, Dec 13 2023, 9:18 AM
Borrowers took advantage of lower mortgage rates again last week, seizing the opportunity, especially for refinancing. The Mortgage Bankers Associatio...
Wed, Dec 6 2023, 7:07 AM
Double-digit declines in many mortgage rates helped revive interest in refinancing last week and a subsequent increase in the Mortgage Bankers Associa...
Thu, Nov 30 2023, 12:26 PM
The National Association of Realtors® (NAR) said its Pending Home Sale Index (PHSI) established a record low in October. The Index, a forward-looking ...
Wed, Nov 29 2023, 9:48 AM
Despite the three-day week observed by most businesses last week, purchase mortgage applications more than held their own. The Mortgage Bankers Associ...
Tue, Nov 28 2023, 12:45 PM
If you're just here for the conforming loan limit news, $766,550 is the number for 2024. Does this mean no one can get a mortgage for more than $...
Tue, Nov 28 2023, 12:02 PM
Today brings the release of the two main home price indices (HPIs) for the month of September (yeah, there's a bit of a lag). The S&P Case Shiller ...
Mon, Nov 27 2023, 2:48 PM
The Census Bureau released the monthly New Home Sales report today, showing a decrease from 719k in September (revised down from 759k initially report...
Wed, Nov 22 2023, 8:47 AM
An improved (albeit slightly) mortgage interest rate environment helped push the volume of mortgage applications higher during the week ending Novembe...
Tue, Nov 21 2023, 12:46 PM
Existing home sales achieved their lowest annual level in ten years in September, and now appear to have doubled down. The National Association of Rea...
Fri, Nov 17 2023, 1:27 PM
Both of the key metrics for residential construction, housing permits, and housing starts, beat analysts’ expectations in October. The U.S. Census Bur...
Thu, Nov 16 2023, 2:24 PM
The National Association of Homebuilders and Wells Fargo releases the results of a survey of NAHB members each month regarding the health of the homeb...
Wed, Nov 15 2023, 8:25 AM
Even though mortgage interest rates changed only slightly, the volume of mortgage applications moved higher for the second time in as many weeks. The ...
Wed, Nov 8 2023, 8:11 AM
A quarter-point decline in 30-year fixed-rate mortgage (FRM) interest pushed mortgage application activity higher across the board during the week end...
Wed, Nov 1 2023, 9:07 AM
Mortgage application volume moved lower for the third consecutive time during the week ended October 27 , losing another 2.1 percent on a seasonally a...
Tue, Oct 31 2023, 2:30 PM
Even with interest rates at a two-decade high and mortgage applications and existing home sales slipping back to 20th-century levels, home prices cont...
Thu, Oct 26 2023, 3:18 PM
There's not much by way of "new news" for the housing market when it comes to sales data. New home sales continue strongly outperforming while Existi...
Wed, Oct 25 2023, 9:34 AM
Interest rates rose again last week, as did the share of borrowers seeking a little price relief by applying for adjustable-rate mortgages (ARMs). Whi...
Thu, Oct 19 2023, 11:59 AM
Sales fell below the $4 million mark in September, marking the slowest month for existing home sales since October 2010. The National Association of R...
Wed, Oct 18 2023, 9:04 AM
Mortgage applications fell again last week as interest rates rose into the high 7 percent range. The Mortgage Brokers Association (MBA) said its Marke...
Tue, Oct 17 2023, 11:39 AM
Stubbornly high mortgage rates further eroded home builders’ confidence in the new home market in October. Not only did the National Association of Ho...
Wed, Oct 11 2023, 10:27 AM
A reduction in adjustable mortgage rates led some cost-stressed borrowers to forsake fixed-rate security and drove mortgage application volume up slig...
Wed, Oct 4 2023, 9:07 AM
As mortgage rates continued to climb, mortgage applications took their biggest hit since mid-April. The Mortgage Bankers Association (MBA) said its Ma...
Tue, Oct 3 2023, 1:24 PM
A tempest in a teapot or the start of an uprising? Redfin, the publicly owned Seattle-based real estate company with 50 offices nationwide, announced ...
