Mon, Jun 19 2017, 10:58 AM
In some areas, they are called "scrape-offs," but the usual term is tear-down ; demolishing an existing home to build a new one in its place. Tear-dow...
Fri, Jun 16 2017, 10:09 AM
Both permits for construction of privately-owned housing units and beginning construction in May were well below expectations, the second consecutive ...
Fri, Jun 16 2017, 8:54 AM
The Joint Center for Housing Studies (JCHS) at Harvard University has released its latest report on the State of the Nation's Housing . The report, is...
Thu, Jun 15 2017, 2:58 PM
The Mortgage Bankers Association (MBA) is expecting May to provide an uptick in new home sales. Results of MBA's Builder Application Survey indicate t...
Thu, Jun 15 2017, 10:30 AM
Builder confidence in the new home market appeared to take a tumble in June, per the latest survey conducted by the National Association of Home Build...
Wed, Jun 14 2017, 11:46 AM
The Treasury Department has released the first in what it describes as a series of reports to the President looking at the country's financial regulat...
Wed, Jun 14 2017, 8:28 AM
Another week of declining interest rates boosted refinance activity and sent overall mortgage activity higher during the week ended July 9. The Mortga...
Tue, Jun 13 2017, 3:00 PM
CoreLogic reports that mortgage delinquencies in March were at a 10 year low. The company's Loan Performance Insights Report shows that 4.4 percent of...
Mon, Jun 12 2017, 10:48 AM
Does an outdated and sluggish appraisal system give an outsized advantage to cash buyers ? A recent panel discussion sponsored by the Urban Institute ...
Fri, Jun 9 2017, 3:26 PM
Access to mortgage, as measured by the Mortgage Credit Availability Index (MCAI), decreased in May. The Mortgage Bankers Association said the MCAI pul...
Fri, Jun 9 2017, 12:37 PM
Five barriers to homeownership are identified in a new study released on Friday by the National Association of Realtors® (NAR). The white paper, title...
Fri, Jun 9 2017, 10:00 AM
Homeowner equity increased by another 11.2 percent over the four quarters that ended with the first quarter of 2016. CoreLogic's home equity analysis ...
Fri, Jun 9 2017, 8:38 AM
While the attention of much of the country was focused elsewhere on Thursday, the House of Representatives passed the H.R. 10, the Financial Choice Ac...
Thu, Jun 8 2017, 9:36 AM
Home flipping, the practice of buying and then reselling the same property within a 12-month period, fell to the lowest level in two years during the ...
Thu, Jun 8 2017, 9:34 AM
The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased fractionally in May, however the change in each of its internal components was decidedl...
Wed, Jun 7 2017, 9:24 AM
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a second straight quarter of falling profits during the three months ...
Wed, Jun 7 2017, 8:34 AM
Mortgage application volume rose during the week ended June 2, increasing by 7.1 percent on a seasonally adjusted basis. The Mortgage Bankers Associat...
Tue, Jun 6 2017, 9:49 AM
June is National Homeownership Month and the National Association of Home Builders (NAHB) says that owning a home is as much a part of the American Dr...
Tue, Jun 6 2017, 9:47 AM
Home price increases moderated slightly in April, at least as measured by the CoreLogic Home Price Index (HPI). The company announced an increase of 6...
Mon, Jun 5 2017, 11:07 AM
It should come as no surprise that the rise in interest rates that occurred after the November 2016 election had a profound impact on mortgage origina...
Fri, Jun 2 2017, 2:22 PM
House Majority Leader Kevin McCarthy (R-CA) has told reporters he expects a full House vote next week on H.R. 10, The Financial Choice Act which was v...
Thu, Jun 1 2017, 11:41 AM
Fannie Mae said on Wednesday that its Book of Business increased at a compounded annual rate of 1.3 percent in April to a value of $3.164 trillion. Th...
Thu, Jun 1 2017, 10:55 AM
The total amount of construction put in place nationally fell in April, but continues at a pace higher than at the same point in 2016. The U.S. Census...
Wed, May 31 2017, 11:49 AM
Several entities that wonder about such things have commented recently on the apparent reluctance of homeowners to sell their homes. Historically Amer...
Wed, May 31 2017, 11:01 AM
Fannie Mae has announced changes in underwriting for loans submitted to its Desktop Underwriter (DU), Version 10.1. The new DU version will be impleme...
Wed, May 31 2017, 10:15 AM
Pending home sales had been expected to rise slightly in April after declining 0.8 percent in March. Instead, the National Association of Realtors'® (...
Wed, May 31 2017, 9:06 AM
The volume of applications for mortgages tumbled during the week ended May 26. Purchase applications were down for the third straight week and refinan...
Tue, May 30 2017, 1:59 PM
CoreLogic's analysts continue to report on the validity of appraisals. A blog entry from last December found that thirty percent of appraisals the com...
Tue, May 30 2017, 10:36 AM
Black Knight Financial Services (BK), released its Home Price Index (HPI) on Tuesday. It was in general agreement with the S&P CoreLogic Case-Shiller'...
Tue, May 30 2017, 10:06 AM
Home prices across the nine U.S. census divisions hit a 33-month high in March . The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5....
Thu, May 25 2017, 11:09 AM
Rather than taking a step back this year, home sales now seem ready to best their 2016 numbers. Freddie Mac's economists admit that, up until this mon...
Thu, May 25 2017, 11:06 AM
It often gets lost in the shuffle, but the Federal Housing Finance Agency (FHFA) is not just the regulator and conservator of the government sponsored...
Wed, May 24 2017, 10:04 AM
Existing homes declined in April, falling back by 2.3 percent in April when compared to March 2017 levels. The National Association of Realtors® (NAR)...
Wed, May 24 2017, 9:56 AM
The Federal Housing Finance Agency (FHFA) is reporting another significantly high set of results for its Housing Price Index (HPI). The current values...
Wed, May 24 2017, 8:29 AM
While Black Knight Financial Services maintains it was a function of seasonality, mortgage delinquencies increased in April by the largest percentage ...
Wed, May 24 2017, 8:24 AM
Refinancing shored up the Mortgage Bankers Association's Market Composite Index during the week ended May 19. While purchase mortgages slowed , the Co...
Tue, May 23 2017, 3:53 PM
The U.S. Department of Housing and Urban Development (HUD) released its proposed 2018 budget on Tuesday, saying it will continue to provide rental ass...
Tue, May 23 2017, 10:08 AM
Sales of newly constructed homes lost momentum in April, reversing three straight months of gains. The Census Bureau and the Department of Housing and...
Fri, May 19 2017, 8:46 AM
The status of the GSE's (Fannie Mae and Freddie Mac), as well as the topic of housing finance reform continue to be "hot," according to Melvin L. Watt...
Thu, May 18 2017, 11:45 AM
Conventional wisdom, the lending version, holds that refinance loans are inherently less risky than purchase loans, but a recent analysis from the Urb...
Thu, May 18 2017, 11:06 AM
The average period necessary to close a mortgage shortened again in April, dwindling by another day from the March timeline to 42 days . This was the ...
Thu, May 18 2017, 10:57 AM
This may, or may not be a cause for celebration. The New York Federal Reserve Bank, using credit data from Equifax, reports that Americans are now bac...
Wed, May 17 2017, 9:53 AM
The Home Affordable Refinance Program or HARP may be in its waning days, but is still being used by underwater homeowners . The Federal Housing Financ...
Wed, May 17 2017, 9:40 AM
Fannie Mae's Economic and Strategic Research Team had as a headline for its May forecast, It's Déjà Vu All Over (and Over) Again. Déjà vu indeed, as f...
Wed, May 17 2017, 8:38 AM
The Mortgage Bankers Association (MBA) said today that mortgage applications were down across the board during the week ended May 12, with refinancing...
Tue, May 16 2017, 9:08 AM
All three residential construction measures for April were lower than those in March. The Census Bureau and the Department of Housing and Urban Develo...
Mon, May 15 2017, 11:17 AM
Applications for new home purchase mortgages fell by 19.4 percent on a non-seasonally adjusted basis in April. The Mortgage Bankers Association said r...
Mon, May 15 2017, 10:33 AM
Builder confidence just hit its highest level since December , reaching the second highest level since well before the housing crisis began. The Natio...
Mon, May 15 2017, 1:29 PM
The first quarter of 2017 the year saw home prices in large metropolitan areas appreciate at the fastest rate in nearly two years . The National Assoc...
Fri, May 12 2017, 12:39 PM
Rising wages helped to boost housing affordability in the first quarter, even as interest rates rose. The National Association of Home Builders (NAHB)...
