Thu, Feb 20 2020, 10:20 AM
The slight drop in mortgage rates in January stabilized refinance originations according to the January Origination Insight Report from Ellie Mae. The...
Wed, Feb 19 2020, 10:53 AM
Residential construction data was mixed at the kick-off of the new year. Permits increased significantly while both housing starts and completions pul...
Wed, Feb 19 2020, 8:34 AM
Mortgage loan applications submitted during the week ended February 14 declined for the first time since mid-January. The Mortgage Bankers Association...
Tue, Feb 18 2020, 3:33 PM
Fannie Mae says the U.S. economy appears to be sustaining itself despite both the problems faced by Boeing and the fears about the global impact of th...
Tue, Feb 18 2020, 10:40 AM
Builder confidence dipped a notch in February but still remains at elevated levels. The National Association of Home Builders (NAHB) says its Housing ...
Fri, Feb 14 2020, 8:14 AM
Both of the government sponsored enterprises (GSEs) posted strong earnings for the fourth quarter of 2019 as well as for the entire year. They are now...
Thu, Feb 13 2020, 11:03 AM
The 2021 Federal Budget prepared by the White House is given little chance of passing Congress but there are a couple of provisions buried in the hund...
Thu, Feb 13 2020, 8:18 AM
The fourth quarter report on mortgage delinquencies from the Mortgage Bankers Association (MBA) continues to show problem loans at historically low le...
Thu, Feb 13 2020, 8:16 AM
Inventory issues remain a major concern and are pushing home prices in urban America still higher. The National Association of Realtors'® (NAR's) quar...
Wed, Feb 12 2020, 8:15 AM
Applications for mortgage financing increased again during the week ended February 7 despite a significant decline in those for home purchases. The Mo...
Tue, Feb 11 2020, 3:45 PM
Renters questions in a new Freddie Mac survey expressed a rather unfortunate misconception . In its new Profile of Today's Renter and Owner , the comp...
Tue, Feb 11 2020, 3:40 PM
It seems as though legalized marijuana is said to be good for almost everything. Now a new study from the National Association of Realtors (NAR) has a...
Mon, Feb 10 2020, 11:01 AM
Last Friday's January Employment Situation report from the Bureau of Labor Statistics was a good one; total payroll employment increased by 225,000, b...
Fri, Feb 7 2020, 3:37 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI) is on a roll. The company's index, based on some of the results from Fannie Mae's National Housing S...
Fri, Feb 7 2020, 12:37 PM
It seems every data source in the housing industry has its own definition of affordability, most using a mortgage payment to income ratio based on med...
Thu, Feb 6 2020, 4:42 PM
The availability of mortgage credit declined slightly last month. The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) ...
Wed, Feb 5 2020, 11:37 AM
The Urban Institute (UI) says the five government mortgage lenders and their various ways of accounting for income-driven repayment (IDR) plans are in...
Wed, Feb 5 2020, 8:13 AM
Mortgage application volume continues to benefit from lower interest rates. The Mortgage Bankers Association (MBA) said today that its Market Composit...
Tue, Feb 4 2020, 2:26 PM
Almost 200 senior mortgage lenders told Fannie Mae about their plans to both acquire and keep customers through the company's Fourth Quarter Mortgage ...
Tue, Feb 4 2020, 10:15 AM
Home price increases, as measured by CoreLogic's Home Price Index (HPI) continued to pick up speed in December on an annual basis. However, they pulle...
Mon, Feb 3 2020, 12:44 PM
Total construction spending ended 2019 down slightly from the prior year. The U.S. Census Bureau said the total value of construction, both public and...
Mon, Feb 3 2020, 10:22 AM
Black Knight, it the current edition of its Mortgage Monitor covering December mortgage performance data, writes an epitaph for slowing home price app...
Fri, Jan 31 2020, 6:43 PM
The homeownership rate seems stubbornly stuck only a few percentage points from where it bottomed out in the second quarter of 2016. The U.S. Census B...
Thu, Jan 30 2020, 12:05 PM
In the throes of the housing crisis, it sometimes seemed as though FHA was the only way to finance a home purchase , especially for those with less th...
Thu, Jan 30 2020, 8:51 AM
Homeownership is apparently still one of the best ways to build wealth. The Year-End Home Sales Report from ATTOM Data Solutions shows that the typica...
Wed, Jan 29 2020, 10:35 AM
December's pending home sales erased the small gain posted in November and the National Association of Realtors' (NAR's) Pending Home Sales Index (PHS...
Wed, Jan 29 2020, 8:14 AM
Refinancing continues to dominate mortgage activity, spurred by another dip in mortgage rates. The Mortgage Banker Association (MBA) said the volume o...
Tue, Jan 28 2020, 11:39 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 15.2 percent in December, a substantial change fro...
Tue, Jan 28 2020, 10:42 AM
The recent re-acceleration of home price gains continued in November. The S&P CoreLogic Case-Shiller U.S. National Home Price Index which covers all n...
Mon, Jan 27 2020, 10:58 AM
A lot of expectations and optimism were probably dashed by the December report on new home sales from the Census Bureau and Department of Housing and ...
Fri, Jan 24 2020, 9:44 AM
Paying bills on time is about to become more important for American consumers, and this as their debt levels are reaching new highs. Fair Isaac Corpor...
Thu, Jan 23 2020, 1:14 PM
The average interest rate on closed loans inched up in December and the share of those loans that were for refinancing moved lower. Ellie Mae's Origin...
Thu, Jan 23 2020, 10:25 AM
Even though many of the measures are already at record lows, mortgage delinquencies continue to tick downward according to Black Knight's "first look"...
Wed, Jan 22 2020, 11:00 AM
Existing home sales rose convincingly in December, gaining 3.6 percent compared to sales the prior month. Sales of all existing home types , single-fa...
Wed, Jan 22 2020, 9:56 AM
The annual rate of home price increases continued at a stable rate in November according to the Federal Housing Finance Agency (FHFA), however there a...
Wed, Jan 22 2020, 8:18 AM
In its first economic forecast of 2020, Fannie Mae's Economic and Strategic Research (ESR) Group is doubling down on its late 2019 predictions. The ec...
Wed, Jan 22 2020, 8:04 AM
The volume of mortgage applications submitted during the week ended January 17 slowed after a strong performance - a 30.2 percent increase - the prior...
Tue, Jan 21 2020, 12:10 PM
The share of adults who told the National Association of Home Builders (NAHB) they were considering a home purchase in the next year has now fallen ye...
Fri, Jan 17 2020, 10:30 AM
While permits fell from the previous month, the U.S. Census Bureau and the Department of Housing and Urban Development said December was another excep...
Thu, Jan 16 2020, 10:33 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) settled back a bit after its 5-point surge in December took it...
Wed, Jan 15 2020, 10:36 AM
The National Association of Realtors® (NAR) has uncovered another downside to the increasing lack of housing affordability in the U.S. A new study fou...
Wed, Jan 15 2020, 10:08 AM
U.S. military veterans and active duty personnel who buy or refinance a home in 2020 will have more buying power if they use a VA loan. They will also...
Wed, Jan 15 2020, 8:12 AM
Mortgage application activity exploded out of the starting gate during the first full week of 2020 . The Mortgage Bankers Association's (MBA) said its...
Tue, Jan 14 2020, 3:38 PM
Builders are struggling to construct homes that are affordable to a greater number of buyers, especially those on the entry level, and they are findin...
Mon, Jan 13 2020, 1:36 PM
CoreLogic is continuing its analysis of the potential impact of the January 2021 expiration of the so-called "GSE Patch." Under the Consumer Financial...
Fri, Jan 10 2020, 2:24 PM
After the housing crash and as the recovery began home builders ratcheted up the size of the homes they were building because the profit margin was hi...
Thu, Jan 9 2020, 10:52 AM
Results of a survey by the National Association of Realtors (NAR) released today echo the findings from the most recent National Housing Survey (NHS) ...
Wed, Jan 8 2020, 9:37 AM
The pace of home price increases picked up in November, increasing by 3.7 percent on a year-over-year basis, up from 3.5 percent in October . CoreLogi...
Wed, Jan 8 2020, 8:17 AM
Fannie Mae's Home Purchase Sentiment Index (HPSI) finished out the year with little change from November to December, but with a strong increase over ...
Wed, Jan 8 2020, 8:10 AM
The Mortgage Banker Association's (MBA's) offices were closed over the two-week holiday period. The data in this week's report on mortgage application...
