Wed, Jul 29 2020, 8:37 AM
Mortgage application volume declined for the first time in four weeks during the week ended July 24. The Mortgage Bankers Association (MBA) said is Ma...
Tue, Jul 28 2020, 11:53 AM
The U.S. homeownership rate moved significantly higher in the second quarter of 2020, reaching the highest level since the third quarter of 2008 at a ...
Tue, Jul 28 2020, 11:48 AM
Home prices increases slowed slightly in May on both a month-over-month and an annual basis according to the S&P CoreLogic Case-Shiller Indices. The U...
Mon, Jul 27 2020, 11:39 AM
The National Association of Home Builders' (NAHB') Housing Trends Report for the second quarter of 2020 found slightly less than a quarter of prospect...
Fri, Jul 24 2020, 11:00 AM
New Home sales have done it again, rising for the third straight month. The U.S. Census Bureau and Department of Housing and Urban Development estimat...
Fri, Jul 24 2020, 10:50 AM
It had been threatened from the beginning of the Trump administration, but this week the hammer fell. U.S. Department of Housing and Urban Development...
Fri, Jul 24 2020, 9:50 AM
Black Knight notes a slight increase in the number of forbearance plans in effect this week even as the number of forborne loans serviced for the GSEs...
Fri, Jul 24 2020, 9:02 AM
While serious delinquencies felt the first impact from the COVID-19 pandemic in June, overall delinquencies were actually lower. Black Knight's "first...
Thu, Jul 23 2020, 10:24 AM
The Urban Institute (UI) is speculating that a new penalty imposed on loan originators and arising out of the COVID-19 forbearance plans is beginning ...
Wed, Jul 22 2020, 11:35 AM
Existing home sales ended a three-month string of losses arising out of the COVID-19 pandemic with a flourish, soaring by 20.7 percent from May to Jun...
Wed, Jul 22 2020, 10:42 AM
House prices fell in May, although they remain well ahead of prices a year earlier. The Federal Housing Finance Agency (FHFA) said its House Price Ind...
Wed, Jul 22 2020, 8:17 AM
Even with some interest rates ticking higher, both purchase and refinance activity increased last week. The Mortgage Bankers Association (MBA) said it...
Tue, Jul 21 2020, 11:53 AM
One of the trends in attempts to provide more affordable housing is the growth of accessory dwelling units (ADUs) such as granny flats, garage apartme...
Fri, Jul 17 2020, 11:50 AM
All three measures in the Census Bureaus June residential construction report moved higher , as the building industry continued to recover from its Ap...
Fri, Jul 17 2020, 8:52 AM
The interest rates on mortgage loans that closed in June averaged 3.40 percent, down 3 basis points from the average in May according to Ellie Mae's O...
Fri, Jul 17 2020, 8:37 AM
There was another decline in forbearance starts this past week and the number of loans in active plans also fell for the third straight week. Black Kn...
Thu, Jul 16 2020, 4:29 PM
The House Financial Service Committee's Subcommittee on Oversight and Investigations held a hearing on Thursday entitled, "Protecting Homeowners Durin...
Thu, Jul 16 2020, 10:33 AM
Economists talk about the potential for a V shaped recovery from the pandemic and that is exactly the pattern displayed by the National Association of...
Wed, Jul 15 2020, 1:02 PM
The Mortgage Bankers Association (MBA) is expecting new home sales to spike again in June, based on results of its Builder Application Survey (BAS). T...
Wed, Jul 15 2020, 8:31 AM
Mortgage application volume increased last week, bouncing back slightly from the prior holiday shortened period. The Mortgage Bankers Association (MBA...
Tue, Jul 14 2020, 3:40 PM
The reopening of the economy in several states from the COVID-19 shutdowns has moved Fannie Mae's Economic and Strategic Research (ESR) Group to raise...
Tue, Jul 14 2020, 8:22 AM
April's data is here, and CoreLogic is reporting that early stage delinquencies, that is mortgages 30 to 59 days past due, soared to levels even highe...
Fri, Jul 10 2020, 9:19 AM
Black Knight's weekly report on the numbers of mortgage loans in COVID-19 forbearance plans shows that a decline in those numbers of nearly a half mil...
Thu, Jul 9 2020, 4:23 PM
Credit tightening is becoming more evident according to the Mortgage Bankers Association (MBA). Its Mortgage Credit Availability Index fell to a readi...
Thu, Jul 9 2020, 10:57 AM
A new survey by the National Association of Realtors® (NAR) has found that the vast majority of its members feel as though their businesses are back o...
Wed, Jul 8 2020, 2:22 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI) continued to rebound last month from its sharp retreat to near record lows in the Spring. The Index,...
Wed, Jul 8 2020, 10:44 AM
Mortgage application volume bounced back into positive territory last week , even though banks and many businesses were closed on Friday for the Indep...
Wed, Jul 8 2020, 8:37 AM
A study by the Urban Institute (UI) has found a strong correlation between the home price to income ratio in an area and its rate of gentrification. T...
Tue, Jul 7 2020, 3:26 PM
Did the housing happy talk just get a little less so? CoreLogic's Housing Price Index Forecast (HPI) over the May 2020 to May 2021 window is seeing mo...
Mon, Jul 6 2020, 2:13 PM
Despite any impact from the COVID-19 pandemic, construction spending is still largely managing to stay ahead of its 2019 levels . The U.S. Census Bure...
Mon, Jul 6 2020, 11:24 AM
Black Knight has again taken a look at the number of Americans who could benefit significantly from refinancing their first mortgages, but the facts a...
Mon, Jul 6 2020, 9:47 AM
The number of homeowners in COVID-19 forbearance dropped sharply this week, to the lowest level since the first week of May. The number of plans which...
Mon, Jul 6 2020, 9:43 AM
The Consumer Financial Protection Bureau (Bureau) today issued a notice of proposed rulemaking (NPRM) that would amend Regulation Z of the Truth-in-Le...
Mon, Jul 6 2020, 9:40 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 5.5 percent in May compared to a 14.3 percent gain...
Wed, Jul 1 2020, 8:16 AM
Applications for both refinancing and purchase mortgages retreated last week , pulling the Mortgage Bankers Associations (MBA's) Market Composite Inde...
Tue, Jun 30 2020, 10:12 AM
Home prices continued to hold up on a national basis in April. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, covering all nine U.S. c...
Mon, Jun 29 2020, 1:38 PM
The Supreme Court, in a 5-4 decision along partisan lines, took a chunk out of the intentions the Dodd-Frank Act had for the Consumer Financial Protec...
Mon, Jun 29 2020, 10:28 AM
Lawrence Yun, chief economist for the National Association of Realtors® (NAR), predicted last month that April's home sales contract activity "will be...
Fri, Jun 26 2020, 9:45 AM
After three weeks of declining totals, Black Knight says the number of active COVID-19 forbearance plans shot up over the past week. As of June 23, th...
Thu, Jun 25 2020, 2:03 PM
In his analysis of current mortgage credit tightening for the Joint Center on Housing Studies excerpted here earlier, Don Layton included a special se...
Wed, Jun 24 2020, 10:08 AM
House prices continued to be unfazed by the current economic upheaval. The Federal Housing Finance Agency (FHFA) reports that its U.S. House Price Ind...
Wed, Jun 24 2020, 8:15 AM
The nine-week string of increases in purchase mortgage applications came to an end last week and refinancing volume pulled back as well. Consequently,...
Tue, Jun 23 2020, 10:59 AM
After its pandemic-related plunge in April, the rapid recovery of the Housing Market Index, a measure of builder confidence, seems justified by today'...
Tue, Jun 23 2020, 10:21 AM
With its so-called GSE Patch set to expire on January 10, 2021 (unless by some miracle the conservatorship of Fannie Mae and Freddie Mac (the GSEs) en...
Tue, Jun 23 2020, 10:20 AM
A paper written for the Joint Center on Housing Studies at Harvard University focuses on the causes and effects of mortgage credit tightening in the c...
Mon, Jun 22 2020, 11:16 AM
Existing-home sales fell again in May, although only at a little more than half the rate of decline in April. Still, it marked the third month of fall...
Mon, Jun 22 2020, 9:58 AM
Black Knight reports another breathtaking increase in mortgage delinquencies in its "first look" at May loan performance data. The rate, which soared ...
Fri, Jun 19 2020, 9:49 AM
The number of homeowners in active forbearance plans fell again this past week. Black Knight estimates there are now 4.6 million people remaining in t...
Thu, Jun 18 2020, 11:28 AM
The dominance of conventional lending continued to grow in May . Ellie Mae's Origination Insight Report says those loans made up 82 percent of origina...
Thu, Jun 18 2020, 10:43 AM
Freddie Mac's Economic and Housing Research Group says say that, heading into summer, the housing market is rebounding from the COVID-19 pandemic's da...
