Wed, Oct 9 2019, 8:02 AM
Declining interest rates made for another strong week for mortgage applications . The Mortgage Bankers Association (MBA) said its Market Composite Ind...
Tue, Oct 8 2019, 11:13 AM
Ease of access to jumbo mortgage loans drove the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index higher in September. The In...
Tue, Oct 8 2019, 10:36 AM
Wow, maybe they really mean it this time. The Federal Housing Finance Agency (FHFA) has issued a request for proposals from contractors who would deve...
Tue, Oct 8 2019, 8:15 AM
One western city has decided to tackle the housing affordability crisis head-on. According to NPR, Reno, Nevada has approved a plan to construct 1,000...
Mon, Oct 7 2019, 10:08 AM
Even with home prices in most areas now well above their pre-Great Recession highs, affordability is not terribly low by historic measures. Black Knig...
Thu, Oct 3 2019, 4:46 PM
The time to build a single-family home, from pulling the permit to hauling away the construction debris, increased slightly in 2018 compared to the pr...
Thu, Oct 3 2019, 10:51 AM
Homeowners often hope that a remodeling project will pay them back in monetary terms - perhaps energy savings or increased home value - but a new repo...
Wed, Oct 2 2019, 8:04 AM
The volume of mortgage applications rebounded sharply last week as homeowners rushed to refinance in response to another drop in mortgage rates. The M...
Tue, Oct 1 2019, 5:27 PM
Overall construction spending has been virtually static for much of the year. The Census Bureau reported on Tuesday that it had risen by 0.1 percent f...
Tue, Oct 1 2019, 11:59 AM
Home prices remained stable in August, at least as reported by CoreLogic. The company's Home Price Index (HPI) increased 3.6 percent compared to the H...
Tue, Oct 1 2019, 10:56 AM
Despite expecting an economic slowdown as reflected in the gross domestic product (GDP), Freddie Mac published a pretty upbeat September forecast as t...
Tue, Oct 1 2019, 8:16 AM
The open floor plan continues to be the most popular type of living space among potential recent and potential homebuyers, especially younger ones, ac...
Mon, Sep 30 2019, 2:56 PM
On Monday the government slightly loosened the leash on which it has held the two government sponsored enterprises (GSEs) for more than 11 years . In ...
Fri, Sep 27 2019, 9:26 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.9 percent in August , increasing from 6.3 perce...
Thu, Sep 26 2019, 10:16 AM
Pending home sales resumed their upward trajectory in August after declining 2.5 percent in July, making for positive results in three of the last fou...
Wed, Sep 25 2019, 10:37 AM
New home sales in August reclaimed part of July's sharp loss. The Census Bureau and Department of Housing and Urban Development said sales nationwide ...
Wed, Sep 25 2019, 8:06 AM
Although changes in mortgage rates were gradual and mixed during the week ended September 20, mortgage volume moved sharply lower. Refinancing was esp...
Tue, Sep 24 2019, 10:18 AM
Both the S&P CoreLogic Case-Shiller indices and the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) were released on Tuesday. The Ca...
Mon, Sep 23 2019, 5:58 PM
Foreclosure starts hit an 18-year low in August and were down 23 percent compared to the previous August. Black Knight, in its First Look at August lo...
Mon, Sep 23 2019, 11:46 AM
The good news from a new National Association of Realtors® (NAR) survey is that a large majority of respondents think it is a good time to buy a home....
Fri, Sep 20 2019, 11:22 AM
Total home equity, not surprisingly, increased again in the second quarter of the year. CoreLogic's quarterly Homeowner Equity Insights report, which ...
Fri, Sep 20 2019, 8:24 AM
Thirty-year mortgage loans closed in August carried an average interest rate of 4.07 percent according to Ellie Mae's Origination Insight Report. Rate...
Thu, Sep 19 2019, 11:17 AM
While the increase wasn't as strong as in July, last month's existing home sales posted a second straight month of gains and, as previously, the Natio...
Thu, Sep 19 2019, 8:38 AM
Fannie Mae says consumer spending will continue to support the economy. The company's Economic Summary for September cites increases in auto and retai...
Wed, Sep 18 2019, 10:23 AM
August turns out to have been among the year's strongest periods for residential construction. While analysts had expected builders to shake off some ...
Wed, Sep 18 2019, 8:10 AM
There was a jump in purchase mortgage applications during the week ended September 14 even as interest rates moved higher. The Mortgage Bankers Associ...
Tue, Sep 17 2019, 11:20 AM
The Mortgage Bankers Association (MBA) is anticipating an increase in new home sales in August. The organization's Builder Application Survey found th...
Tue, Sep 17 2019, 10:41 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) increased 1 point in September. Along with an upward revision ...
Fri, Sep 13 2019, 10:08 AM
The California Building Industry Association (CBIA) is calling the Trump Administration tariffs the "perfect storm" for the state's already troubled h...
Thu, Sep 12 2019, 11:35 AM
The Mortgage Bankers Association (MBA) says its Mortgage Credit Availability Index (MCAI) suffered its largest decline in eight months in August. The ...
Thu, Sep 12 2019, 8:18 AM
Mortgage application fraud declined in the second quarter of this year. CoreLogic's report on the incidence says that one out of every 123 mortgage ap...
Wed, Sep 11 2019, 10:35 AM
Mortgage lenders reflected a lot of optimism about their business prospects in the third quarter Mortgage Lender Sentiment Survey conducted by Fannie ...
Wed, Sep 11 2019, 8:15 AM
Although the week ended September 7 was shortened by the Labor Day holiday, mortgage application volume managed an increase. It was the first week-ove...
Tue, Sep 10 2019, 11:36 AM
While it doesn't appear to be of "canary in the coalmine" magnitude, CoreLogic notes that there were annual increases in the delinquency rates of eigh...
Tue, Sep 10 2019, 8:18 AM
Funny what several dozen downticks in interest rates will do consumers' perceptions of the mortgage market. Fannie Mae said today that its Home Purcha...
Mon, Sep 9 2019, 9:38 AM
Low interest rates continue to expand the pool of refinancible mortgages and bolster mortgage prepayment rates according to Black Knight's Mortgage Mo...
Fri, Sep 6 2019, 11:24 AM
The Treasury Department released the Trump Administration's long-awaited plan for reforming the nation's housing finance system on Thursday. Treasury ...
Thu, Sep 5 2019, 11:24 AM
Fewer prospective homeowners are making the move from thinking about buying to actively shopping than a year ago, according to a new study by the Nati...
Thu, Sep 5 2019, 10:58 AM
A new study by the Mortgage Bankers Association (MBA) looks at lending and servicing of home equity lines of credit (HELOCs) and closed-end home equit...
Thu, Sep 5 2019, 9:16 AM
Construction spending inched up by 0.1 percent in July, to a seasonally adjusted annual rate of $1.289 trillion compared to $1.288 trillion in June. T...
Wed, Sep 4 2019, 8:31 AM
The Urban Institute (UI) says the recent surge of investor purchases of single-family homes is raising related policy issues. In blog post examining t...
Wed, Sep 4 2019, 8:09 AM
Mortgage application volume declined for the third consecutive week during the period ended August 30. The Mortgage Bankers Association said its Marke...
Tue, Sep 3 2019, 9:46 AM
A second housing price index is showing an uptick in the rate of appreciation, possibly because interest rates declines have begun to mitigate afforda...
Fri, Aug 30 2019, 8:45 AM
There was a dramatic turnaround for many mortgage banks in the second quarter as their production profits increased nearly six-fold compared to the pr...
Fri, Aug 30 2019, 8:33 AM
At least one housing index is seeing a turn-around in the direction of home prices . Black Knight says the continuing decline of interest rates have i...
Fri, Aug 30 2019, 8:12 AM
Housing led the way into the last recession, now Freddie Mac's economists are suggesting it might help stave off the next one or at least modify its s...
Thu, Aug 29 2019, 10:26 AM
Pending home sales moved lower in July, declining by 2.5 percent. After two consecutive months of gains the National Association of Realtors'® (NAR's)...
Thu, Aug 29 2019, 8:26 AM
The theme of every sales and price report for the last several years has been the shortage of homes for sale. While new home inventories have held ste...
Wed, Aug 28 2019, 11:18 AM
Two US Census Bureau researchers have determined that the biggest determinants of household wealth are owning a home and having a retirement account ....
Wed, Aug 28 2019, 8:09 AM
Mortgage rates increased last week and in response the volume of applications ratcheted down significantly. The Mortgage Bankers Association (MBA) sai...
