Wed, Nov 20 2019, 8:09 AM
Despite the Veterans' Day holiday which shortened the work week of November 15, purchase mortgage applications gained momentum. The Mortgage Bankers A...
Tue, Nov 19 2019, 1:31 PM
Fannie Mae's economists are predicting that economic growth will slow significantly in the fourth quarter to 1.6 percent. This downward revision howev...
Tue, Nov 19 2019, 10:04 AM
All three of the residential construction measures tracked by the U.S. Census Bureau and the Department of Housing and Urban Development roared back i...
Mon, Nov 18 2019, 2:03 PM
Home builder confidence fell back slightly this month, declining by 1 point to 70 in the National Association of Home Builders (NAHB)/Wells Fargo Hous...
Mon, Nov 18 2019, 11:54 AM
FHA loans posted a substantial decline in delinquencies during the third quarter, leading an overall improvement in loan performance. The Mortgage Ban...
Mon, Nov 18 2019, 10:12 AM
The Consumer Financial Protection Bureau (CFPB) has issued an Interpretive Rule for one type of loan originator licensing. The Secure and Fair Enforce...
Thu, Nov 14 2019, 4:59 PM
Look closely and you will see that a lack of new home construction is behind almost every problem facing housing today. Residential construction has s...
Wed, Nov 13 2019, 8:35 AM
Access to government loans continues to decline, but conventional and jumbo loans picked up the slack in October, pushing the Mortgage Credit Availabi...
Wed, Nov 13 2019, 8:26 AM
Once again the "Good Time to Buy" component of Fannie Mae's Home Purchase Sentiment Index (HPSI) is on the decline. Net positive answers to that quest...
Wed, Nov 13 2019, 8:07 AM
The Mortgage Bankers Association (MBA) said application activity during the week ended November 8 was the strongest since late September , with both p...
Tue, Nov 12 2019, 11:10 AM
A securities expert told an audience at the National Association of Realtors' (NAR's) annual conference that cybercrimes against real estate agents an...
Fri, Nov 8 2019, 2:01 PM
One year after hitting a ten-year low, housing affordability has risen to its highest level in three years. Rose Quint, writing in the National Associ...
Fri, Nov 8 2019, 12:12 PM
The share of first-time buyers remains well below historic levels according to the National Association of Realtors' ® (NAR's) 2019 Profile of Home Bu...
Fri, Nov 8 2019, 8:04 AM
The storm is over, the fires are out, but anyone who has survived a natural disaster, and that is more of us every year, knows that the problems are j...
Thu, Nov 7 2019, 11:29 AM
Are home price increases cranking up again? The quarterly report from the National Association of Realtors® (NAR) on existing home sales and metropoli...
Wed, Nov 6 2019, 11:08 AM
It may come as a surprise to some, but the Census Bureau says the housing cost burden for homeowners has been getting lighter. The Bureau's American C...
Wed, Nov 6 2019, 8:25 AM
Mortgage activity was little changed during the week ended November 1 as interest rates continued to bounce around. The Mortgage Bankers Association (...
Mon, Nov 4 2019, 11:44 AM
Apple has joined other high-tech giants in a commitment to help alleviate a problem partially of their own making. On Monday, the Cupertino, Californi...
Mon, Nov 4 2019, 8:23 AM
While mortgage performance continues to be the best in many years , with the national delinquency rate down to 3.53 percent and record low foreclosure...
Mon, Nov 4 2019, 8:08 AM
Total expenditures on construction in the U.S. moved slightly higher in September but is lagging behind year-earlier figures. The annual losses are co...
Fri, Nov 1 2019, 8:25 AM
Freddie Mac's end-of-the-month forecast for October was exceptionally brief, perhaps in recognition that it has all been said before. The economy is s...
Thu, Oct 31 2019, 11:55 AM
Both of the government sponsored enterprises (GSEs) posted strong earnings in the third quarter of the year. Freddie Mac announced comprehensive incom...
Wed, Oct 30 2019, 2:07 PM
The Census Bureau reports that the homeownership rate, while up fractionally in the third quarter of this year compared to Quarter 2, was essentially ...
Wed, Oct 30 2019, 8:33 AM
Mortgage originations in 2019 appear to be headed for their best year since 2007 . Make Fratantoni, chief economist and senior vice president of the M...
Wed, Oct 30 2019, 8:11 AM
Mortgage applications managed a tiny increase during the week ended October 25 even as interest rates moved slightly higher. The Mortgage Bankers Asso...
Tue, Oct 29 2019, 10:30 AM
Pending home sales posted a solid increase for the second straight month in September, more than doubling analysts' expectations. The National Associa...
Tue, Oct 29 2019, 9:48 AM
Rapid price gains, long dominated by cities in the West, appear to be shifting to the Southeast, at least those reflected in the S&P CoreLogic Case-Sh...
Tue, Oct 29 2019, 8:10 AM
The U.S. Departments of Justice (DOJ) and Housing and Urban Development (HUD) issued a joint Memorandum of Understanding (MOU) on Monday setting out t...
Fri, Oct 25 2019, 11:32 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 10.7 percent in September, down from 12.9 percent ...
Thu, Oct 24 2019, 11:00 AM
Homeowners continued to reduce and/or retire their mortgage debt at an accelerated clip in September according to Black Knight's "first look" at the m...
Thu, Oct 24 2019, 10:58 AM
New home sales came in at a respectable seasonally adjusted annual rate of 701,000 in September, down only 0.7 percent from the revised rate of 706,00...
Wed, Oct 23 2019, 11:19 AM
Fannie Mae asked lenders, as part of its third quarter Mortgage Lender Sentiment Survey about their digital transformation efforts. The company says t...
Wed, Oct 23 2019, 11:08 AM
Home price increases slowed appreciably in August. The Federal Housing Finance Agency (FHFA) said its House Price Index (HPI) was up 4.6 percent on an...
Wed, Oct 23 2019, 8:18 AM
Mortgage rates increased last week. Mortgage application activity, however, did not. The Mortgage Bankers Association (MBA) said its Market Composite ...
Tue, Oct 22 2019, 4:37 PM
The Supreme Court has agreed to hear a case challenging the constitutionality of the Consumer Financial Protection Bureau (CFPB). The case "Seila Law ...
Tue, Oct 22 2019, 11:00 AM
Sales of existing homes, which had posted advances in both July and August, fell back in September. The National Association of Realtors® (NAR) said s...
Mon, Oct 21 2019, 11:53 AM
In an early article, we summarized the first part of a new report on America's aging population, especially as related to homeownership, published by ...
Fri, Oct 18 2019, 1:46 PM
More than a quarter of new home purchases in 2018 were financed through non-conventional sources. Data from the Census Bureau's Survey of Construction...
Fri, Oct 18 2019, 11:11 AM
Even though the pace of home building remains below where the industry would like it to be, Fannie Mae says it helped drive residential fixed investme...
Fri, Oct 18 2019, 8:22 AM
The Mortgage Bankers Association (MBA) says it expects that new home sales declined in September relative to August based on a drop in mortgage applic...
Thu, Oct 17 2019, 10:20 AM
After posting some of the best results in a year the previous month, all three construction indicators fell back in September . The U.S. Census Bureau...
Thu, Oct 17 2019, 8:03 AM
The 30-year note rate on closed mortgages fell to 3.93 percent in September, down from 4.07 percent in August, and along with the decline, the ninth i...
Wed, Oct 16 2019, 10:30 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has held in the mid-to-upper 60 range since May, finall...
Wed, Oct 16 2019, 10:01 AM
While a lot of attention is now focused on Millennials, the country is still aging. A new report from the Harvard Joint Center for Housing Studies loo...
Wed, Oct 16 2019, 8:10 AM
Mortgage application volume eked out a slight gain during the week ended October 11 as interest rates became mixed . Purchasing weakened while the vol...
Tue, Oct 15 2019, 8:06 AM
The typical first-time homebuyer may not be who you think he or she is. A new report from Zillow says that rather than the young shopper eager to beco...
Mon, Oct 14 2019, 2:51 PM
While declining interest rates are generally viewed as good news for consumers, they aren't without their negatives. Realtor.com's September housing t...
Fri, Oct 11 2019, 8:31 AM
While home prices have surged back from their housing crisis lows, a report from the National Association of Realtors® (NAR) says homes purchased as v...
Thu, Oct 10 2019, 3:01 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI) has been relatively volatile in recent months, and September was no exception. The Index set back to...
Thu, Oct 10 2019, 8:07 AM
New home prices have been rising since 2012 according to CoreLogic's chief economist Frank Nothaft. Prices in the spring of 2019 were up 2 percent com...
