Tue, Jan 7 2020, 12:06 PM
While housing starts have picked up in recent months, the lack of new construction has been called a crisis by Freddie Mac , state and federal policym...
Mon, Jan 6 2020, 11:28 AM
Freddie Mac is announcing it has put a critical homebuyer education course online. The new tutorial, called CreditSmart® Homebuyer U is free and its s...
Mon, Jan 6 2020, 10:11 AM
Depending on how you look at it, either Texas and Florida or Nevada and Idaho were the fastest growing states in 2019. Frank Nothaft, CoreLogic's chie...
Fri, Jan 3 2020, 11:38 AM
Construction spending by both the public and the private sector grew in November, totaling a seasonally adjusted annual rate of $1.324 trillion dollar...
Fri, Jan 3 2020, 8:16 AM
The Urban Institute's Karan Kaul and John Walsh have provided a quick overview of the proposals put out by several Democratic presidential candidates ...
Tue, Dec 31 2019, 3:05 PM
The effects of low interest rates continue to echo through the mortgage markets. Those rates can be credited, at least in part, with a change in the r...
Tue, Dec 31 2019, 10:55 AM
Both the S&P CoreLogic Case-Shiller indices and the House Price Index (HPI) provided by the Federal Housing Finance Agency (FHFA) showed slight accele...
Mon, Dec 30 2019, 10:13 AM
Pending home sales bounced back in November , partially recovering from a 1.7 percent decline in October. The National Association of Realtors® said i...
Thu, Dec 26 2019, 10:28 AM
The Mortgage Bankers Association (MBA) says mortgage application volume slowed significantly last week as Americans prepared for several major holiday...
Mon, Dec 23 2019, 4:19 PM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 0.4 percent in November, down from 3.0 percent the...
Mon, Dec 23 2019, 10:53 AM
New home sales continued their recent run in November, increasing by 1.3 percent from the revised October rate of 710,000 to a seasonally adjusted ann...
Fri, Dec 20 2019, 10:21 AM
Mortgage rates rose in October for the first time this year and that increase, while small, is reflected in loans that closed in November according to...
Thu, Dec 19 2019, 2:21 PM
Democratic senators, including members of the Senate Banking Committee sent a letter to the Treasury Department and Federal Housing Finance Agency ear...
Thu, Dec 19 2019, 12:46 PM
The two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac charge guarantee fees or g-fees to lenders when they acquire their single-f...
Thu, Dec 19 2019, 11:46 AM
Fannie Mae substantially revised its housing forecast this month, especially as regards new home construction. The company's Economic and Strategic Re...
Thu, Dec 19 2019, 11:32 AM
Existing home sales fell back again in November, erasing most of October's 1.9 percent gain. Sales have now declined in two of the last three months ....
Wed, Dec 18 2019, 8:08 AM
The volume of mortgage applications retreated this past week, giving back most of the gains scored during the week ended December 6 following the Than...
Tue, Dec 17 2019, 10:37 AM
The numbers for November residential construction permits and housing starts came in higher than expected , marking the second straight month of incre...
Mon, Dec 16 2019, 10:41 AM
Home builders ended the year with an apparent outbreak of euphoria. Responding to higher trending sales and low interest rates they sent the National ...
Fri, Dec 13 2019, 11:57 AM
Lenders responding to Fannie Mae's Q4 2019 Mortgage Lender Sentiment Survey ® didn't have as bright an outlook for their future profit margins as in t...
Fri, Dec 13 2019, 8:14 AM
According to Dr. Frank Nothaft, chief economist for CoreLogic, "Ten years ago, during the depths of the Great Recession, more than 11 million homeowne...
Thu, Dec 12 2019, 10:06 AM
While the Mortgage Bankers Association (MBA) is predicting newly constructed homes sold at a much higher rate in November than they did a year earlier...
Wed, Dec 11 2019, 1:26 PM
The National Association of Realtors (NAR) used the occasion of a summit headed by Secretary of Housing and Urban Development Ben Carson to release it...
Wed, Dec 11 2019, 8:41 AM
Mortgage applications activity recovered strongly during the week ended December 6 after the usual Thanksgiving week lull. The Mortgage Bankers Associ...
Tue, Dec 10 2019, 10:55 AM
After a steep dive in October, America's attitude toward buying a home is on the rise again. Positive answers to the question of whether it is a good ...
Mon, Dec 9 2019, 1:11 PM
The Federal Housing Administration (FHA) released its annual Report to Congress several weeks ago, reporting significant improvement in its Mutual Mor...
Mon, Dec 9 2019, 9:49 AM
Black Knight continues to review, in its new Mortgage Monitor , how the effects of nearly a year of lower interest rates have ricocheted throughout th...
Fri, Dec 6 2019, 11:56 AM
For many years homebuyers looking for homes priced above entry level employed every device they could to keep their loan amount below whatever might b...
Thu, Dec 5 2019, 1:13 PM
After slowing for 17 months, home price gains rose 3.8 percent in July and then held nearly flat in August according to Black Knight's Home Price Inde...
Thu, Dec 5 2019, 10:35 AM
The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) moved significantly higher in November, gaining 2.1 percent compa...
Wed, Dec 4 2019, 2:43 PM
Federal Housing Administration (FHA) Commissioner Brian D. Montgomery has announced the loan limits for FHA forward mortgages in 2020. The limits are ...
Wed, Dec 4 2019, 12:40 PM
There is widespread industry concern that new homes and apartment buildings are not being constructed fast enough to keep up with demand and now the N...
Wed, Dec 4 2019, 9:14 AM
Mortgage activity during the week ended November 29 was predictably impacted by the Thanksgiving Day holiday which effectively shortened the business ...
Tue, Dec 3 2019, 1:54 PM
The Federal Housing Finance Agency (FHA) had to be bailed out by the U.S. Treasury during the financial crisis after its Mutual Mortgage Insurance Fun...
Tue, Dec 3 2019, 11:13 AM
Home prices increased on an annual basis by 3.5 percent in October according to CoreLogic's Home Price Index (HPI). The index rose 0.2 percent from th...
Mon, Dec 2 2019, 12:05 PM
The nation's total spending on construction projects was at a seasonally adjusted annual rate of $1.291 trillion in October, 1.1 percent higher than a...
Mon, Dec 2 2019, 10:07 AM
We started this piece by noting that Freddie Mac's economists wrapped up November in an unusually brief summary. Then we realized we had said almost e...
Wed, Nov 27 2019, 2:51 PM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 3.0 percent in October, down from 10.7 percent the...
Wed, Nov 27 2019, 10:13 AM
Pending home sales slipped in October after two months of solid gains. The National Association of Realtors® (NAR) said its Pending Home Sale Index (P...
Wed, Nov 27 2019, 8:11 AM
Joel Kan, Associate Vice President of Economic and Industry Forecasting for the Mortgage Bankers Association (MBA) says low rates are continuing to ke...
Tue, Nov 26 2019, 11:55 AM
The conforming loan limit for most of the U.S. will, quite predictably, move higher on January 1. The Federal Housing Finance Agency announced on Tues...
Tue, Nov 26 2019, 10:56 AM
The headline for the new home sales report for October was the year-over-year increase in sales. While sales of newly constructed homes were actually ...
Tue, Nov 26 2019, 10:28 AM
While it is only incremental, home price increases appear to have stopped decelerating and are again creeping slowly upward . Both the S&P CoreLogic C...
Mon, Nov 25 2019, 1:04 PM
Mortgage prepayments continued unabated in October, even though interest rates rose during the month. In its "first look" at October loan performance ...
Fri, Nov 22 2019, 11:44 AM
Apparently it is time to shift our total attention from the Millennial generation. A new survey from Freddie Mac introduces the housing hopes and drea...
Fri, Nov 22 2019, 8:06 AM
Lower interest rates translated to higher volume in the third quarter of the year, giving mortgage companies their highest profits in seven years. The...
Thu, Nov 21 2019, 11:24 AM
Existing-home sales got back on track in October, partially recovering from a 2.2 percent slip in September that ended a two-month winning streak. The...
Thu, Nov 21 2019, 10:50 AM
The boom continued in October as more than half of the loans closed during the month were for refinancing . According to Ellie Mae's Origination Insig...
Wed, Nov 20 2019, 10:48 AM
Mortgage brokers have apparently reclaimed both their reputations and their market share in recent years according to Archana Pradhan, a risk manageme...
Wed, Nov 20 2019, 9:58 AM
Applications for mortgages to purchase newly constructed homes surged in October and the Mortgage Bankers Association (MBA) is expecting that sales wi...
