Wed, Jan 30 2019, 8:17 AM
It was yet another holiday shortened week, this time occasioned by Martin Luther King's birthday, and mortgage application activity was down. The Mort...
Tue, Jan 29 2019, 12:14 PM
The days when published a monthly tally of the number of loan modifications made by servicers under several public and private sector programs are lon...
Tue, Jan 29 2019, 10:38 AM
The pace of home price increases slowed a little more in November. The non-seasonally adjusted (NSA) S&P CoreLogic Case-Shiller U.S. National Home Pri...
Fri, Jan 25 2019, 8:17 AM
The library of articles citing the alarming lack of new construction continues to grow. Freddie Mac, the Urban Institute (UI), and John McManus of Bui...
Thu, Jan 24 2019, 10:24 AM
The share of December originations that were adjustable rate mortgages (ARMs) was the highest since Ellie Mae began tracking them in 2011 the company ...
Thu, Jan 24 2019, 8:08 AM
The US ended 2018 with the lowest delinquency rate since at least the beginning of this century. Black Knight says the December rate of 3.88 percent i...
Wed, Jan 23 2019, 10:56 AM
The Federal Housing Finance Agency (FHFA) said its November Housing Price Index recorded an 0.4 percent gain compared to October. The October increase...
Wed, Jan 23 2019, 8:27 AM
Fannie Mae does not expect a lasting impact from the current partial government shutdown, at least if it is over soon. In its January Economic Develop...
Wed, Jan 23 2019, 8:15 AM
Mortgage applications returned to more normal levels during the week ended January 18 after two rather post-holiday periods. Both purchasing and refin...
Tue, Jan 22 2019, 11:46 AM
MarketWatch is reporting that Federal Housing Finance Agency (FHFA) along with Treasury and other parts of the administration are about to reveal a pl...
Tue, Jan 22 2019, 11:03 AM
Existing home sales finished up the year on a decidedly sour note. After putting together consecutive increase in October and November and ending a si...
Fri, Jan 18 2019, 12:55 PM
In accordance with requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (CFPB) rece...
Fri, Jan 18 2019, 8:22 AM
Applications for new home purchases dropped in December , falling 6.8 percent behind those a year earlier. The deficit from November was even larger, ...
Thu, Jan 17 2019, 8:12 AM
"The most important question in housing policy heading into the new year has nothing to do with interest rates, housing supply, or home sales," Urban ...
Wed, Jan 16 2019, 10:35 AM
After falling an aggregate of 12 points in November and December the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HM...
Wed, Jan 16 2019, 8:16 AM
Somewhere in this country there are 230 homes with mortgage balances between $10 and $20 million dollars. According to a post written by Arthur Jobe i...
Wed, Jan 16 2019, 8:07 AM
January 11 ended the first full business week in a while and mortgage activity responded accordingly. The Mortgage Bankers Association (MBA) reported ...
Tue, Jan 15 2019, 6:40 PM
Homeownership as an American dream is alive and well according to new data from the National Association of Realtors® (NAR) 2018 Housing Opportunities...
Mon, Jan 14 2019, 9:59 AM
At least one part of the shutdown is over as the Internal Revenue Service (IRS) announced it has resumed its Income Verification Express Service (IVES...
Fri, Jan 11 2019, 1:42 PM
The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) contains a requirement that the Consumer Financial Protection Bureau (C...
Fri, Jan 11 2019, 10:11 AM
The November Mortgage Monitor from Black Knight focused largely on the shifting of the mortgage market toward purchase originations and the unexpected...
Thu, Jan 10 2019, 11:00 AM
Credit availability suffered an unusually large decline in December. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Inde...
Wed, Jan 9 2019, 12:08 PM
As home sales have slowed, attention has shifted to the subject of affordability. The combination of rising home prices and higher interest rates is b...
Wed, Jan 9 2019, 10:31 AM
While the report also looks at how the recent dip in interest rates may impact the demand for refinancing, the main theme of the November 2018 Mortgag...
Wed, Jan 9 2019, 8:16 AM
Even though the week ended January 4 was shortened by the New Year's holiday mortgage application volume rebounded strongly . The Mortgage Bankers Ass...
Wed, Jan 9 2019, 8:10 AM
As the partial government shutdown continues the National Association of Realtors® contacted a sample of its members to see if the real estate market ...
Tue, Jan 8 2019, 11:10 AM
Some housing market analysts have found recent trends in construction, home sales, and diminishing affordability disquieting and perhaps early warning...
Mon, Jan 7 2019, 10:51 AM
A few more Americans decided it might be a good time to buy a home in November, but boy did they change their minds in December. Fannie Mae said the n...
Fri, Jan 4 2019, 11:34 AM
Refinancing activity has probably held up better than expected as interest rates have risen. Refinance applications accounted for more than 40 percent...
Thu, Jan 3 2019, 8:21 AM
Earlier this week we summarized a new White Paper from Freddie Mae detailing the growing importance of single-family properties within the U.S. rental...
Thu, Jan 3 2019, 8:05 AM
The Mortgage Bankers Association (MBA) office was closed during Christmas Week and did not issue its usual summary of mortgage application activity fo...
Wed, Jan 2 2019, 10:40 AM
Home prices grew by an estimated 0.4 percent in November according to CoreLogic's Home Price Index (HPI) and were 5.1 percent higher than at the end o...
Mon, Dec 31 2018, 2:30 PM
When one thinks about renters it is usually clusters of three-story garden style apartments, or high-rise elevator buildings that come to mind. But Fr...
Fri, Dec 28 2018, 10:29 AM
Analysts had expected to hear that pending home sales had a good run in November, perhaps even breaking its 10-month streak of year-over-year declines...
Thu, Dec 27 2018, 10:06 AM
Home prices on the Federal Housing Finance Agency's (FHFA's) Housing Price Index (HPI) crept higher in October, although year over year appreciation s...
Wed, Dec 26 2018, 10:59 AM
Home prices continued to ratchet down their advances in October, fewer than half of the tracked cities saw prices increase on an unadjusted basis. The...
Mon, Dec 24 2018, 10:19 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 6.8 percent in November, up from 4.7 percent the p...
Fri, Dec 21 2018, 12:50 PM
Households headed by self-employed persons make up about one-tenth of all households and have a median income higher than those headed by salaried per...
Thu, Dec 20 2018, 12:01 PM
You can cut the numbers in several ways, but no matter the way it is reported, American households are in relatively good shape when it comes to mortg...
Thu, Dec 20 2018, 10:13 AM
It is still a tiny share, but Ellie Mae says, in its November Origination Insight Report that the percentage of adjustable rate mortgages (ARMS) origi...
Thu, Dec 20 2018, 10:11 AM
The 2019 goals for the GSE conservatorship are a good deal more general than those put forward on the yearly Scorecard from the Federal Housing Financ...
Thu, Dec 20 2018, 8:24 AM
Mortgage prepayment activity reached a 10-year low in November. Black Knight said, in its "first look" at the months mortgage data, that the character...
Wed, Dec 19 2018, 4:40 PM
After a prolonged losing streak - existing home sales hadn't seen an increase since March - the National Association of Realtors® (NAR) announced a se...
Wed, Dec 19 2018, 11:27 AM
The debate has opened again on the fate of Freddie Mac and Fannie Mae (the GSEs). Ten plus years after the two were put in federal conservatorship at ...
Wed, Dec 19 2018, 8:12 AM
It is sad to say, but the good news can't last forever and the recent improvement in mortgage application volume, especially for purchase mortgages, p...
Tue, Dec 18 2018, 3:47 PM
Only about one third of Americans told the National Association of Realtors® (NAR) in a recent survey that they thought it was a good time to buy a ho...
Tue, Dec 18 2018, 10:27 AM
Residential construction performed an abrupt and unexpected about face in October. Permits, housing starts, and completions all improved on a month-ov...
Mon, Dec 17 2018, 10:47 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) is flirting with the danger zone. Although stressing that the ...
Fri, Dec 14 2018, 11:04 AM
Consistency can be boring, but in crazy times it can also be reassuring, even comforting. While they differ on the specifics, economists, at least tho...
Thu, Dec 13 2018, 9:58 AM
The Mortgage Bankers Association (MBA) added a little more evidence to the pile indicating a rather rapid slow-down in the housing market. MBA's Build...
