Tue, Dec 19 2017, 11:05 AM
The idea that it is a good time to buy a home appears to be losing ground . The National Association of Realtors'® (NAR's) new fourth quarter Housing ...
Tue, Dec 19 2017, 9:53 AM
After a surprisingly good report in October, with all three measures of residential construction activity rising significantly, analysts were expectin...
Mon, Dec 18 2017, 5:16 PM
Despite the disruptions from several hurricanes and an expected drag from trade in the fourth quarter, Fannie Mae says it expects 2017 to finish with ...
Mon, Dec 18 2017, 10:39 AM
Builder confidence shot up in December, reaching the highest level the National Association of Home Builders (NAHB) has recorded in 18 years . NAHB sa...
Fri, Dec 15 2017, 11:22 AM
There has been a flurry of news about the two GSEs, Fannie Mae and Freddie Mac, in the last few weeks. The House Financial Services Committee recently...
Thu, Dec 14 2017, 11:17 AM
The use of Automated Valuation Models (AVM) is expected to expand following the announced plans of the Fannie Mae and Freddie Mac to waive the require...
Thu, Dec 14 2017, 9:23 AM
Homebuyers ponied up the highest downpayments on record to purchase homes in the third quarter of 2017. ATTOM Data Solutions' (formerly RealtyTrac) Re...
Wed, Dec 13 2017, 1:04 PM
Realtors are expressing concern over three measures that exist in either the House or the Senate versions of the Republican tax cut bill and have sent...
Wed, Dec 13 2017, 9:49 AM
Both Freddie Mac and Fannie Mae announced this week that evictions from foreclosed single-family and two-to-four-unit properties owned by the GSEs wil...
Wed, Dec 13 2017, 8:30 AM
Applications for mortgages, both for home purchases and refinancing, declined during the week ended December 8. The Mortgage Bankers Association (MBA)...
Tue, Dec 12 2017, 10:59 AM
The Mortgage Bankers Association (MBA) projects a decrease in new home sales in November compared to the previous month, but still sees those sales ru...
Tue, Dec 12 2017, 9:58 AM
Loans performed well in September , continuing to erase most of the last vestiges of the market's Great Recession distress. The CoreLogic Performance ...
Mon, Dec 11 2017, 3:07 PM
As banks and government tried to stem the flow of foreclosures during the housing crisis there was a lot of debate (and criticism) about what needed t...
Fri, Dec 8 2017, 12:28 PM
After dropping in October from what had been an all-time high the previous month, Fannie Mae's Home Purchase Sentiment Index (HPSI) resumed its upward...
Fri, Dec 8 2017, 10:34 AM
Loan limits will be rising in 2018 for loans guaranteed by the FHA. The Department of Housing and Urban Development (HUD) announced on Thursday it was...
Thu, Dec 7 2017, 11:47 AM
Nine years after what is acknowledged as the start of the housing crisis about 2.5 million homeowners remain underwater , but that number is down by 0...
Wed, Dec 6 2017, 12:31 PM
"Gig," a term that used to refer mostly to a musician's booking, is now being used to describe a whole sector of the U.S. economy. Fannie Mae defines ...
Wed, Dec 6 2017, 8:34 AM
There was the usual post-holiday resurgence in the volume of mortgage applications last week, following a subdued level of activity the previous week ...
Tue, Dec 5 2017, 10:58 AM
CoreLogic said on Tuesday that home prices rose in October by 0.9 percent compared to September and were 7.0 percent higher than 12 months earlier. Th...
Mon, Dec 4 2017, 3:11 PM
In its Mortgage Monitor for September, Black Knight outlined the first wave of mortgage delinquencies that appeared to be arising out of Hurricanes Ha...
Mon, Dec 4 2017, 9:51 AM
Black Knight, (which has just rebranded itself, dropping "Financial Services from its name), has released an especially meaty Mortgage Monitor for Dec...
Fri, Dec 1 2017, 11:33 AM
Construction expenditures so far this year continue to run ahead of what was spent in 2016, with private construction accounting for most of the incre...
Fri, Dec 1 2017, 9:51 AM
Fannie Mae's Book of Business increased at a compounded annual rate of 1.6 percent in October, to a value of $3.200 trillion compared to $3.195 trilli...
Thu, Nov 30 2017, 12:29 PM
Mortgage bank profits declined in the third quarter of 2017 when compared to the second quarter, but remained substantially higher than in the two rat...
Thu, Nov 30 2017, 9:57 AM
The issue of Fannie Mae and Freddie Mac and their about-to-be-zero capital buffers has fallen off the radar in recent months, but apparently there is ...
Wed, Nov 29 2017, 10:19 AM
Pending home sales posted their first strong showing in three months in October, beating even the most optimistic of predictions. The National Associa...
Wed, Nov 29 2017, 8:45 AM
The short business week preceding the Thanksgiving holiday resulted, as usual, in fewer mortgage applications. The Mortgage Bankers Association said i...
Tue, Nov 28 2017, 2:35 PM
Loan limits were frozen in place at $417,000 for 10 long years after the housing bust, but were finally raised on January 1 of this year. Rapidly incr...
Tue, Nov 28 2017, 10:35 AM
In October, David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, said home price increases "appear unstoppab...
Mon, Nov 27 2017, 5:17 PM
Black Knight Financial Services reported on Monday that home prices as measured by its national Home Price Index (HPI) continued to slow on a monthly ...
Mon, Nov 27 2017, 10:49 AM
It wasn't supposed to happen after the banner month for new home sales in September, but sales of those homes rose significantly again in October, jum...
Mon, Nov 27 2017, 9:16 AM
It should be an interesting day at the Consumer Financial Protection Bureau (CFPB). In fact, the Federal Reserve, which is charged with funding the ag...
Wed, Nov 22 2017, 11:42 AM
As predicted, mortgage delinquencies resulting from Hurricanes Harvey and Irma continued to play out in October. Black Knight Financial Services, in i...
Wed, Nov 22 2017, 8:47 AM
This month's half-hearted rally in refinancing didn't last long . During the week that ended November 10, applications for refinancing made up more th...
Tue, Nov 21 2017, 11:00 AM
Existing home sales continued a gradual recovery in October after a summer of sliding sales. For the second straight month the National Association of...
Tue, Nov 21 2017, 9:40 AM
Freddie Mac's Economic and Strategic Research Team gave its forecast for housing in 2018 (which, as discussed below, it is now hedging a bit) in its O...
Mon, Nov 20 2017, 9:28 AM
Mortgage delinquencies surged higher in the third quarter of 2017. Most of the increase came in the early stages of non-performance, and much of it ap...
Fri, Nov 17 2017, 5:29 PM
Housing activity in the third quarter of 2017 is described as "continuing its rough patch" in Fannie Mae's latest edition of Economic Developments . T...
Fri, Nov 17 2017, 10:12 AM
The interest rate for loans originated (closed) in October inched down 1 percentage point to 4.20 percent, the lowest rate thus far in 2017, and the s...
Fri, Nov 17 2017, 9:59 AM
It has been a while since all three measures covered in the residential construction report were strongly positive. In fact, certain metrics bordered ...
Thu, Nov 16 2017, 10:38 AM
Builder confidence increased for the second consecutive month after taking a hit in September from the late summer hurricanes. The National Associatio...
Thu, Nov 16 2017, 9:50 AM
Richard Cordray, first Director of the Consumer Financial Protection Bureau (CFPB), will leave the agency at the end of the month. Cordray announced h...
Wed, Nov 15 2017, 12:24 PM
With new home building still lagging other measures of the housing recovery, and lean inventories of new homes causing shortages of existing homes as ...
Wed, Nov 15 2017, 10:29 AM
FHA's Mortgage Insurance Fund (MIF) lost ground this past year, which is bad news for those hoping for a cut in its fees. The Department of Housing an...
Wed, Nov 15 2017, 8:56 AM
The week ended November 10 saw a strong pickup in applications for refinancing but continued weakness in those for home purchases. The Mortgage Banker...
Tue, Nov 14 2017, 11:24 AM
The Mortgage Bankers Association (MBA) says that information collected through its Builder Application Survey (BAS), shows mortgage applications for n...
Tue, Nov 14 2017, 10:52 AM
To no one's surprise, measures of mortgage distress , including delinquencies, serious delinquencies, and foreclosures, were down again in August , wi...
Tue, Nov 14 2017, 10:00 AM
Most households buy a home to live in and raise a family. Consequently, they may not view a home as a financial asset in the same way they view their ...
Fri, Nov 10 2017, 12:55 PM
Someone must have passed a law; if it is November, you must publish something debunking bubbles. The saturation point is near, but the latest contribu...
Thu, Nov 9 2017, 4:56 PM
In June the National Association of Realtors® (NAR) released a "working paper" from the Rosen Consulting Group and the Fisher Center for Real Estate a...
