Thu, Nov 30 2023, 12:26 PM
The National Association of Realtors® (NAR) said its Pending Home Sale Index (PHSI) established a record low in October. The Index, a forward-looking ...
Wed, Nov 29 2023, 9:48 AM
Despite the three-day week observed by most businesses last week, purchase mortgage applications more than held their own. The Mortgage Bankers Associ...
Tue, Nov 28 2023, 12:45 PM
If you're just here for the conforming loan limit news, $766,550 is the number for 2024. Does this mean no one can get a mortgage for more than $...
Tue, Nov 28 2023, 12:02 PM
Today brings the release of the two main home price indices (HPIs) for the month of September (yeah, there's a bit of a lag). The S&P Case Shiller ...
Mon, Nov 27 2023, 2:48 PM
The Census Bureau released the monthly New Home Sales report today, showing a decrease from 719k in September (revised down from 759k initially report...
Wed, Nov 22 2023, 8:47 AM
An improved (albeit slightly) mortgage interest rate environment helped push the volume of mortgage applications higher during the week ending Novembe...
Tue, Nov 21 2023, 12:46 PM
Existing home sales achieved their lowest annual level in ten years in September, and now appear to have doubled down. The National Association of Rea...
Fri, Nov 17 2023, 1:27 PM
Both of the key metrics for residential construction, housing permits, and housing starts, beat analysts’ expectations in October. The U.S. Census Bur...
Thu, Nov 16 2023, 2:24 PM
The National Association of Homebuilders and Wells Fargo releases the results of a survey of NAHB members each month regarding the health of the homeb...
Wed, Nov 15 2023, 8:25 AM
Even though mortgage interest rates changed only slightly, the volume of mortgage applications moved higher for the second time in as many weeks. The ...
Wed, Nov 8 2023, 8:11 AM
A quarter-point decline in 30-year fixed-rate mortgage (FRM) interest pushed mortgage application activity higher across the board during the week end...
Wed, Nov 1 2023, 9:07 AM
Mortgage application volume moved lower for the third consecutive time during the week ended October 27 , losing another 2.1 percent on a seasonally a...
Tue, Oct 31 2023, 2:30 PM
Even with interest rates at a two-decade high and mortgage applications and existing home sales slipping back to 20th-century levels, home prices cont...
Thu, Oct 26 2023, 3:18 PM
There's not much by way of "new news" for the housing market when it comes to sales data. New home sales continue strongly outperforming while Existi...
Wed, Oct 25 2023, 9:34 AM
Interest rates rose again last week, as did the share of borrowers seeking a little price relief by applying for adjustable-rate mortgages (ARMs). Whi...
Thu, Oct 19 2023, 11:59 AM
Sales fell below the $4 million mark in September, marking the slowest month for existing home sales since October 2010. The National Association of R...
Wed, Oct 18 2023, 9:04 AM
Mortgage applications fell again last week as interest rates rose into the high 7 percent range. The Mortgage Brokers Association (MBA) said its Marke...
Tue, Oct 17 2023, 11:39 AM
Stubbornly high mortgage rates further eroded home builders’ confidence in the new home market in October. Not only did the National Association of Ho...
Wed, Oct 11 2023, 10:27 AM
A reduction in adjustable mortgage rates led some cost-stressed borrowers to forsake fixed-rate security and drove mortgage application volume up slig...
Wed, Oct 4 2023, 9:07 AM
As mortgage rates continued to climb, mortgage applications took their biggest hit since mid-April. The Mortgage Bankers Association (MBA) said its Ma...
Tue, Oct 3 2023, 1:24 PM
A tempest in a teapot or the start of an uprising? Redfin, the publicly owned Seattle-based real estate company with 50 offices nationwide, announced ...
Thu, Sep 28 2023, 12:47 PM
Pending home sales failed to add a third month onto the mini rally it staged in June and July. The National Association of Realtors® (NAR) said its P...
Wed, Sep 27 2023, 7:12 AM
The highest mortgage rates in 20+ years drove another decline in mortgage applications during the week ended September 22. The Mortgage Bankers Associ...
Tue, Sep 26 2023, 2:11 PM
August sales of newly constructed single-family homes failed to match the robust numbers from July but were significantly better than those a year ear...
Tue, Sep 26 2023, 11:16 AM
Home prices have resumed their upward climb despite mortgage rates that have doubled post-COVID. According to Craig J. Lazzara, Managing Director at S...
Wed, Sep 20 2023, 11:09 AM
Mortgage application activity bounced back from the holiday-shortened prior week but is still running significantly below historic levels. The Mortg...
Tue, Sep 19 2023, 11:15 AM
Results of the August Residential Construction report from the U.S. Census Bureau and the Department of Housing and Urban Development were decidedly m...
Mon, Sep 18 2023, 11:56 AM
The National Association of Home Builders (NAHB) said on Monday that its index that measures home builder confidence in the new home market has fallen...
Wed, Sep 13 2023, 9:20 AM
The Mortgage Bankers Association (MBA) said the volume of mortgage applications dipped slightly during the week ended September 8. MBA said its Market...
Wed, Sep 6 2023, 9:36 AM
A powerful hurricane and an approaching three-day weekend may have offset the impact of an improvement in interest rates during the week ended Septemb...
Wed, Aug 30 2023, 8:16 AM
After falling for five straight weeks, mortgage applications finally gained a little ground last week. The Mortgage Bankers Association (MBA) said i...
Wed, Aug 23 2023, 2:52 PM
Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales. July’s sales of pre-...
Wed, Aug 23 2023, 10:54 AM
Mortgage interest rates rose again last week, reaching the highest level in nearly a quarter century and further sidelining mortgage borrowers. The Mo...
Tue, Aug 22 2023, 11:52 AM
Sales of existing homes slipped in July even as median prices sustained their record-high levels. The National Association of Realtors® (NAR) said th...
Wed, Aug 16 2023, 9:31 AM
Increased mortgage rates continued to damp down both purchase and refinance activity during the week ended August 11. The Mortgage Bankers Association...
Tue, Aug 15 2023, 11:44 AM
Rising rates took a toll on builder confidence in August. The National Association of Home Builders (NAHB) said the NAHB/Wells Fargo Housing Market In...
Wed, Aug 9 2023, 8:11 AM
The downturn in mortgage application volume extended to a third straight week over the period ending August 4. The Mortgage Bankers Association (MBA) ...
Tue, Aug 8 2023, 2:42 PM
A measure of the availability of mortgage credit dropped to its lowest level in a decade last month as lenders sought to reduce operating costs and ...
Wed, Aug 2 2023, 9:19 AM
The weekly applications report from the Mortgage Bankers Association (MBA) wasn’t positive, but it was certainly consistent. MBA said its Market Compo...
Thu, Jul 27 2023, 1:26 PM
Pending home sales pulled out of a three-month spiral in June but with only a fractional increase from May. The National Association of Realtors® (NAR...
Wed, Jul 26 2023, 8:31 AM
Mortgage application volume during the week ended July 24 was down slightly from the prior week. Static interest rates did little to stir the refinanc...
Tue, Jul 25 2023, 2:18 PM
The S&P CoreLogic Case-Shiller Indices posted an annual decline in home prices for the second straight month in May while the Housing Price Index pr...
Thu, Jul 20 2023, 4:33 PM
Almost everyone has said it or heard it: Existing Home Sales are in the toilet because there's no inventory and there's no inventory because no one wa...
Wed, Jul 19 2023, 3:55 PM
The rate of both construction permitting and housing starts retreated from their May levels last month. The significant increase in estimated starts ...
Wed, Jul 19 2023, 9:35 AM
Applications for refinancing rebounded last week from the previous week’s holiday-related slowdown but purchase applications slid lower. The Mortgage ...
Tue, Jul 18 2023, 2:18 PM
Increases in single-family rents soared in the post-pandemic environment but have now moderated to the annual levels in the pre-pandemic years of 201...
Tue, Jul 18 2023, 11:00 AM
Builder confidence in the market for newly constructed homes rose another point in July according to the National Association of Home Builders (NAHB)....
Wed, Jul 12 2023, 9:55 AM
The Mortgage Bankers Association (MBA) reports a slight increase in the volume of mortgage applications during the week ended July 7. MBA’s seasonally...
Mon, Jul 10 2023, 2:29 PM
The Black Knight Mortgage Monitor for May doesn’t even hint at a housing crisis on the horizon. Affordability is again (or maybe still) a concern, ...
Thu, Jul 6 2023, 8:37 AM
The volume of mortgage applications fell during the last week of June as compared to the prior week which had contained an adjustment to account for t...
