Thu, Nov 14 2013, 12:46 PM
Housing affordability suffered its
biggest hit in nearly ten years during the third quarter of 2013 the National
Association of Homebuilders (NAHB...
Thu, Nov 14 2013, 10:39 AM
Applications for mortgages to purchase newly constructed homes jumped by 11
percent in October compared to September. Texas, Florida and
Californ...
Tue, Nov 12 2013, 12:50 PM
Homeowners have saved an estimated $22.9
Billion in mortgage payments through the Home Affordable Modification Program
(HAMP) since it began in 20...
Tue, Nov 5 2013, 12:53 PM
MND has published a number of
stories from the California Association of Realtors® and DataQuick about the
staggering home increases that have hit N...
Mon, Nov 4 2013, 12:55 PM
One of the big worries in the
early days of the housing crises were the large numbers of adjustable rate
mortgages originated during the boom years ...
Thu, Oct 31 2013, 11:20 AM
America's housing inventory is aging and
that perhaps could present an opportunity for bargain-hunting homeowners. RealtyTrac's Aging Homes Analy...
Tue, Oct 29 2013, 3:55 PM
Mortgage rates continued flying their recent holding pattern just over 4 percent.
Most lenders' rate sheets were essentially unchanged compare...
Tue, Oct 29 2013, 1:38 PM
The Mortgage Bankers Association (MBA) might
not have been smiling as it prepared the economic forecast for 2014 it handed
out today. The associatio...
Mon, Oct 28 2013, 10:16 AM
Contracts for home purchases declined
for the fourth consecutive month the National Association of Realtors® (NAR)
said today. NAR's Pending Home...
Mon, Oct 28 2013, 9:09 AM
I probably use about 5% of
my fancy phone's capacities, and barely know how to get to e-mail, the
internet, and YouTube on my computer. But walkin...
Fri, Oct 25 2013, 4:03 PM
While it seems counterintuitive, could higher home prices lead an increase
in home sales? Two Federal Reserve Bank
of San Francisco senior economis...
Thu, Oct 24 2013, 12:34 PM
Builders
who remodel residential properties are seeing continued activity in their
segment of the homebuilding market the National Association of Ho...
Thu, Oct 24 2013, 9:50 AM
There was a substantial increase in
September in the purchasing activity of what it called institutional investors
RealtyTrac said today. Persons...
Tue, Oct 22 2013, 9:35 AM
I travel to a lot of engagements (this week is Los Angeles, Kansas,
and North Carolina, and then to DC for the conference) and am jealous of
my co...
Tue, Oct 22 2013, 3:28 PM
Pending homes sales in California dipped
by 1.8 percent on the California Association of Realtors® (C.A.R)
Pending Home Sales Index, falling to 106...
Tue, Oct 22 2013, 1:10 PM
In its October Outlook Freddie Mac says that the resurgent housing
market supported economic growth in the second quarter but the recovery appears...
Mon, Oct 21 2013, 11:02 AM
Even though sales of existing homes
drifted off the record levels established in the previous two months, September
sales were higher by double digi...
Mon, Oct 21 2013, 9:41 AM
Some of the information out there is "about as reliable as a
Realtor's photograph." But rumors continue to swirl about the health of
companies. On...
Thu, Oct 17 2013, 6:25 PM
Home sales in California were down over
5 percent in September as buyers, according to the California Association of
Realtors® (C.A.R.) reacted to...
Thu, Oct 17 2013, 1:27 PM
LIRA, a forward looking indicator of
remodeling activity, continues to project a double digit annual increase in
home improvement spending through t...
Thu, Oct 17 2013, 1:20 PM
Some of the gist of Fannie Mae's October Economic
Forecast, released Thursday but written late last week, was made obsolete when
the government shut...
Wed, Oct 16 2013, 3:39 PM
Like other housing indicators covering
the summer's end, the one released today by DataQuick showed a gradually
slowing market. The San Diego bas...
Wed, Oct 16 2013, 1:59 PM
With the FNC Residential Price Index TM (RPI) levels for August home prices have climbed back
to December 2009 levels. But the index,
while it r...
Fri, Oct 11 2013, 11:44 AM
Entities like title companies, real estate agencies, home inspection
services, etc. don't mind this statistic, but lenders sure do: the
National A...
Fri, Oct 11 2013, 2:25 PM
The life or death of the mortgage interest deduction (MID) is a perennial
Washington, DC soap opera. The prospect
of eliminating it is always on ...
Thu, Oct 10 2013, 10:51 AM
While applications for mortgages to
finance newly constructed homes fell slightly in September they continued to
increase in three large Sunbelt sta...
Tue, Oct 8 2013, 5:46 PM
Home ownership is expected to be key to the California real estate market
over the next year. The 2014 California Housing
Market Forecast" released...
Wed, Oct 2 2013, 9:57 AM
Anthony Bird, owner of Michigan's Riverbank Finance , writes, "I have done some research regarding the shutdown and how it will affect government age...
Thu, Sep 26 2013, 11:02 AM
As the National Association of Realtors®
(NAR) said it had anticipated, pending home sales eased in August falling what
may have been accelerated ac...
Thu, Sep 26 2013, 10:42 AM
Does anyone really retire anymore? Most seem to adapt to re-careers,
heading off to other pursuits. But still plenty of U.S. citizens retire,
and ...
Thu, Sep 26 2013, 1:04 AM
Distressed homes accounted for 25
percent of residential home sales in August, up 2 percentage points from
July. RealtyTrac, in its August U.S. ...
Wed, Sep 25 2013, 11:28 AM
New home sales turned upward in August after an especially
poor showing in July, though remain well off levels from the first half of the year. Th...
Wed, Sep 25 2013, 10:29 AM
I didn't make it to the gym today. That makes five years in a row.
Speaking of five years, WAMU 's failure - the largest
commercial bank failur...
Tue, Sep 24 2013, 11:03 AM
Indices released
by two of the leading sources of home price information this morning confirm
the continued growth of home values in the U.S., at...
Mon, Sep 23 2013, 10:22 AM
Phew! It turns out that the acronym for the Mortgage Bankers Association (of America) remains "MBA." MBa is just its logo .
Here is an interesting...
Mon, Sep 23 2013, 5:03 PM
Like
closed sales which were reported last week, pending real estate sales in
California dropped in August while distressed home sales were down...
Fri, Sep 20 2013, 10:18 AM
Whereas the National Association of Realtors has managed to have
everyone capitalize the job of their members (Realtor), the MBA (which
years ago ...
Thu, Sep 19 2013, 12:22 PM
Existing home sales reached a six-and-a
half year peak in August, increasing 1.7 percent to a seasonally adjusted
annual rate of 5.48 million unit...
Thu, Sep 19 2013, 11:01 AM
Welcome to "Talk Like a Pirate Day" , even held in Minnesota where I am heading today. Of course, 3.14159...% of sailors are Pi Rates .
Let's face...
Wed, Sep 18 2013, 10:07 AM
The industry is moving toward more acceptance of non-QM loans .
The CFPB will be the first to admit that just because a loan is not QM
doesn't me...
Tue, Sep 17 2013, 12:54 PM
Fannie Mae's senior economists said
today that anticipated declines in refinance
originations suggest that mortgage industry employment, which has...
Tue, Sep 17 2013, 12:19 PM
Builder confidence in the market for newly built
single family homes held steady in September after four consecutive months of
improvements the Na...
Mon, Sep 16 2013, 10:24 AM
On Friday the 13th the CFPB released the final amendments
to the Loan Officer Compensation, Servicing, QM and HOEPA Rules. The
official release ...
Mon, Sep 16 2013, 2:45 PM
Monthly sales figures from the California
Association of Realtors® (C.A.R.) confirm indications from DataQuick data
posted earlier today that the re...
Fri, Sep 13 2013, 12:14 PM
Darrin Benhart, Deputy
Comptroller for Credit
and Market Risk, Office of Comptroller of the Currency (OCC) said in
a speech on Wednesday that the...
Thu, Sep 12 2013, 2:38 PM
The Mortgage Bankers
Association (MBA) said that applications for mortgages to purchase new homes
dropped 14 percent in August to a seasonally adj...
Tue, Sep 3 2013, 9:49 AM
August was not a pleasant month for many lenders, and September may
not be much better. Sure, volumes are down, and staffing is down in most
shops...
Thu, Aug 29 2013, 5:44 PM
When Michael Harnett talks about long term strategy, markets listen. Why? He is Mr. " Great Rotation ,"
the strategy that--In
October 2012--predi...
Wed, Aug 28 2013, 11:26 AM
The National Association of Realtors® (NAR)
blamed higher interest rates for the slipping home sales numbers reflected in its
pending home sales r...
Wed, Aug 28 2013, 10:53 AM
There are lots of training videos out there. But there aren't many 0%
down payment programs from the government - the USDA is about it. Here
is on...
