Thu, Aug 20 2015, 11:00 AM
While first-time buyers fell back,
existing home sales scored their third consecutive monthly gain in July. The National Association of Realtors® (N...
Wed, Aug 19 2015, 8:46 AM
What little life there was in
mortgage volume last week came from refinancing. That wasn't saying much. The Mortgage Bankers Association's (MBA's) ...
Wed, Aug 19 2015, 7:58 PM
Ellie Mae said this
week that the closing rate for purchase mortgages reached 70.7 percent in July
up from 69.0 in June. This is the
highest r...
Tue, Aug 18 2015, 10:53 AM
The level of cash sales remains high in
several states, mostly those also still experiencing a high level of
foreclosures . CoreLogic said on Tues...
Tue, Aug 18 2015, 10:48 AM
Permits for residential construction fell sharply in July,
down 16.3 percent from June while remaining 7.5 percent above the level of one year
earl...
Mon, Aug 17 2015, 11:57 AM
Builder confidence remained stable this month. The National Association of Home Builders
(NAHB)/Wells Fargo Housing Market Index (HMI) added a point...
Mon, Aug 17 2015, 5:24 PM
While the Millennial generation is generating a lot of
attention, concern, and ink a Freddie Mac executive says it would be wise to
remember that th...
Fri, Aug 14 2015, 12:52 PM
The affordability of homeownership dipped modestly in the
second quarter according to the National Association of Home Builders/Wells
Fargo Housing ...
Thu, Aug 13 2015, 10:04 AM
Applications for the purchase of newly constructed homes fell
off slightly in July, a decline that the Mortgage Bankers Association (MBA)
said was i...
Thu, Aug 13 2015, 6:51 PM
The Mortgage Bankers Associations National Delinquency
Survey provides another measure of the declining rate of distress in
residential mortgages. ...
Wed, Aug 12 2015, 9:06 AM
There
was virtually no change in the overall volume of mortgage applications during
the week ended August 7 compared to the previous week, mirrori...
Tue, Aug 11 2015, 3:44 PM
Completed
foreclosures in June were down 63.3 percent from the peak reached in September 2010. That month, just before the robo-signing
scandal f...
Tue, Aug 11 2015, 3:40 PM
There was an uptick in national existing home sales in the
second quarter of 2015 of 6.6 percent the National Association of Realtors® (NAR) said on ...
Tue, Aug 11 2015, 3:37 PM
Credit unions are gaining a greater
share of the market for both home mortgages and auto loans according to a new
study just released by TransUnio...
Mon, Aug 10 2015, 4:33 PM
The drought and raging wildfires appear not to be dampening the enthusiasm of people who wish to live in
California. CoreLogic reports that the
s...
Fri, Aug 7 2015, 8:06 PM
Negativity was pervasive in the results of Fannie Mae's July
National Housing Survey (NHS).
Respondents indicated falling expectations about the ec...
Fri, Aug 7 2015, 3:21 PM
Over a year ago consumers pointed out, in a report from the
Consumer Financial Protection Bureau (CFPB) the "pain points" they encountered in
the mo...
Fri, Aug 7 2015, 3:07 PM
There are two conflicting theories on how or even if
monetary policy should play a role in stabilizing asset price booms and
busts. If central bank...
Thu, Aug 6 2015, 11:34 AM
Since early 2014 the Federal Reserve has
held out two goals that must be achieved before it raises the Federal Funds
rate, "maximum employment and i...
Thu, Aug 6 2015, 11:28 AM
Sales of lender-owned real estate (REO) in May represented
the smallest share of home sales in nine years.
CoreLogic said that the overall share ...
Thu, Aug 6 2015, 11:22 AM
Credit availability increased in July, resuming an almost
continuous rise that started last fall.
The Mortgage Bankers Association said its Mortg...
Wed, Aug 5 2015, 12:43 PM
Redfin, a multi-state real estate firm based in Seattle, says
it is seeing "signs of an enduring slowdown" in the housing market. This isn't neces...
Wed, Aug 5 2015, 9:32 AM
Last week was the best
one for mortgage applications in quite some time in terms of percent gains versus the previous week (outright index levels rem...
Wed, Aug 5 2015, 4:50 PM
Saying that consumers should not be billed unnecessarily for
private mortgage insurance (PMI) the Consumer Financial Protection Bureau has
issued ...
Tue, Aug 4 2015, 10:52 AM
The numbers of homes for sale in a few areas of the country
have now dropped below a two month supply CoreLogic said today. Prices in cities with th...
Tue, Aug 4 2015, 1:59 PM
Returning to economic normalcy apparently means that
Americans are back into heavy-debt mode .
Black Knight Financial Services said today that lev...
Mon, Aug 3 2015, 3:04 PM
Even though he has retired, don't you sometimes just want to
smack David Letterman? The popularity of
his Top 10 something or other lists have made...
Mon, Aug 3 2015, 1:38 PM
Public monies shored up construction spending figures in
June, just barely making up for a drop in expenditures from the private
sector. The U.S. C...
Fri, Jul 31 2015, 1:06 PM
A Texas
mortgage servicer has run badly afoul of the Consumer Financial Protection
Bureau (CFPB) for repeated violations of servicing rules . Resi...
Thu, Jul 30 2015, 11:37 AM
Finding an affordable place to rent within a reasonable
distance of employment is becoming increasingly difficult according to Freddie
Mac executi...
Thu, Jul 30 2015, 11:05 AM
The rich get richer?
When it comes to equity that appears to be the case according to
information released by RealtyTrac on Thursday. The company's...
Thu, Jul 30 2015, 2:10 PM
Well Fargo Bank announced today that it
will immediately begin winding down its marketing services and desk rental
agreements with real estate fir...
Wed, Jul 29 2015, 10:13 AM
Pending home sales dipped slightly in
June, ending five straight months of increases.
The National Association of Realtors® (NAR) said today that...
Wed, Jul 29 2015, 9:09 AM
Perhaps consumers viewed the recent retreat in rates as their last chance
to refinance before the Fed starts ratcheting up rates - maybe today, may...
Tue, Jul 28 2015, 10:42 AM
Home price data from S&P Dow Jones Indices was mixed for May. All three of the Case-Shiller measures, the National Index and the 10-City and 20-Cit...
Tue, Jul 28 2015, 2:29 PM
Homeownership declined yet again in the second quarter of
2015. The Census Bureau said that the
national rate dropped from 63.7 percent in the firs...
Mon, Jul 27 2015, 1:10 PM
Another report shows home price values in May close to, if
not exceeding, those prior to the housing crisis. The latest, from Black Knight Financial...
Mon, Jul 27 2015, 1:03 PM
While home sales are sailing, recently closing in on numbers last seen
before the Great Recession, CoreLogic Senior Economist Frank Nothaft, points
...
Fri, Jul 24 2015, 10:56 AM
The report this morning on June new home sales blunted much
of the optimism generated by yesterday's news about existing home sales. The Census Bure...
Thu, Jul 23 2015, 9:38 AM
Mortgage Bankers Association (MBA) economists joined in the
recent surge of housing optimism Wednesday, increasing their projections for mortgage
o...
Thu, Jul 23 2015, 9:36 AM
It is different this time.
At least that's the contention of the writers of this month's Economic
and Housing Outlook regarding new low downpayment...
Thu, Jul 23 2015, 3:29 PM
While it is certainly good news we wish
we could find a new and more interesting way to say it. Nonetheless, foreclosure activity has
declined aga...
Thu, Jul 23 2015, 3:20 PM
Despite
improved consumer spending and stronger residential and non-residential
investments Fannie Mae's Economic and Strategic Research team are ho...
Wed, Jul 22 2015, 11:19 AM
There was unabashedly good news from the National
Association of Realtors®
(NAR) this morning. Not only were
existing home sales in June at the ...
Wed, Jul 22 2015, 9:18 AM
With the distortions of the Independence Day holiday week and the
subsequent week's recovery now history mortgage application activity settled
down....
Wed, Jul 22 2015, 2:47 PM
Senate Majority Leader Mitch McConnell (R-KY) and Senator Barbara Boxer (D-CA), Ranking Member of the Senate Environment and Public Works Committee ha...
Mon, Jul 20 2015, 5:23 PM
Since the recession officially ended a lack of labor and materials has
blamed in part for the sluggishness of new home construction, at least by th...
Fri, Jul 17 2015, 10:24 AM
The two leading indicators among measures of residential
construction activity, building permits and housing starts, posted healthy gains
in June ...
Fri, Jul 17 2015, 2:52 PM
Home remodeling is expected to soon kick back into gear . LIRA, the Leading Indicator of Remodeling
Activity produced by the Joint Center for Housi...
Fri, Jul 17 2015, 2:50 PM
The
first half of 2015 saw foreclosure activity continue to decline. RealtyTrac's Midyear U.S. Foreclosure Market
Report shows that 597,589 proper...
