Fri, May 21 2021, 12:16 PM
Existing home sales posted their third monthly loss in April, falling 2.7 percent compared to sales in March. The National Association of Realtors® (N...
Thu, May 20 2021, 4:38 PM
Fannie Mae upwardly revised its GDP forecast for the year from 6.8 percent to 7.0 percent in its May report on economic development. The company's eco...
Mon, May 17 2021, 11:05 AM
The National Association of Home Builders (NAHB) said new home builders are not losing faith in the market for new homes despite their growing concern...
Thu, May 13 2021, 4:40 PM
That applications for mortgages to purchase newly constructed homes rose 30.8 percent in April compared to a year ago is not a particularly useful pie...
Thu, Apr 29 2021, 10:55 AM
While the degree to which is happened was somewhat disappointing, pending home sales did snap out of a two-month slump in March . The National Associa...
Fri, Apr 23 2021, 12:09 PM
New home sales reversed direction in March, fully recovering from the 18.2 percent nosedive those sales took in February. The Census Bureau said sales...
Fri, Apr 23 2021, 10:33 AM
The Mortgage Bankers Association (MBA) is predicting a banner year for purchase mortgage originations. The Association's chief economist and senior vi...
Fri, Apr 23 2021, 10:32 AM
Existing home sales declined for the second straight month in March. The National Association of Realtors® (NAR) said single-family homes, townhomes, ...
Thu, Apr 22 2021, 10:44 AM
Black Knight's "first look" at loan performance data in March brought back memories of an old TV ad, "Is it real or is it Memorex?" The company said t...
Mon, Apr 19 2021, 12:30 PM
Incoming data for March has caused Fannie Mae to again revise its forecast for the year's growth in gross domestic product (GDP). The company's Econom...
Fri, Apr 16 2021, 11:34 AM
Residential construction recovered in March after a serious decline the prior month. The U.S. Census Bureau and Department of Housing and Urban Develo...
Fri, Apr 16 2021, 11:16 AM
True to tradition, new home sales appear to have moved higher in March as the calendar closed in on the start of the spring market. The Mortgage Banke...
Thu, Apr 15 2021, 11:22 AM
New home builders seem to be slowly getting their mojo back. After recovering from the hit they took in the first days of the pandemic, they encounter...
Wed, Apr 14 2021, 1:39 PM
Freddie Mac's Economic and Housing Research Group finds a lot to like in the present economic environment. . The company's quarterly forecast credits ...
Tue, Apr 6 2021, 11:00 AM
Fannie Mae says results from its fourth quarter 2020 National Housing Survey show that consumers continue to view homeownership as a good investment. ...
Wed, Mar 31 2021, 10:57 AM
February's pending home sales suffered a double digit month-over-month decline in February and fell below the pace a year earlier for the first time i...
Tue, Mar 23 2021, 11:01 AM
The two-month rally in new home sales ended abruptly and definitively in February. The U.S. Census Bureau and Department of Housing and Urban Developm...
Mon, Mar 22 2021, 4:29 PM
Sales of existing homes fell sharply in February after two months of modest gains. The National Association of Realtors® said pre-owned single-family ...
Mon, Mar 22 2021, 12:19 PM
Fannie Mae made a few modest changes to its economic projections this month as consumer spending in January was above expectations and interest rates ...
Thu, Mar 18 2021, 1:27 PM
The Mortgage Bankers Association (MBA) is predicting a slowdown in new home sales when the Census Bureau releases its statistics next week. MBA's Buil...
Tue, Mar 16 2021, 11:38 AM
Escalating costs took a toll on builder confidence this month. The National Association of Home Builders (NAHB) said its Housing Market Index dipped t...
Thu, Mar 11 2021, 12:53 PM
Access to mortgage credit remained unchanged in February after making modest gains over the previous four months. The Mortgage Bankers Association sai...
Thu, Feb 25 2021, 10:47 AM
January marked the fifth straight month that the National Association of Realtors® (NAR) has reported a decline in its Pending Home Sales Index (PHSI)...
Wed, Feb 24 2021, 12:28 PM
New home sales continued the turnaround, started in December, that ended three straight months of slowing sales. The U.S. Census Bureau and Department...
Wed, Feb 24 2021, 8:43 AM
The volume of mortgage applications for both home purchase and refinancing fell for the third straight time during the week ended February 19. The Mor...
Fri, Feb 19 2021, 11:42 AM
Existing home sales started the 2021 with a small increase from the December sale levels, the second consecutive monthly gain. The National Associatio...
Wed, Feb 17 2021, 11:40 AM
After dropping from record high levels by a total of 7 points over the last two months, the index that measures home builder confidence has stabilized...
Mon, Feb 1 2021, 1:36 PM
The current Mortgage Monitor from Black Knight looks at the recent small increases in mortgage rates and their potential impact on home sales. The com...
Fri, Jan 29 2021, 11:11 AM
Pending home sales retreated for the fourth straight month in December. The National Association of Realtors® (NAR) said its Pending Home Sales Index,...
Thu, Jan 28 2021, 11:08 AM
New homes sales managed a small increase in December following three months of losses including a substantial downturn in November. The U.S. Census Bu...
Tue, Jan 26 2021, 12:12 PM
The annual increases in U.S. home prices is nearing dizzying levels. The November data from the Federal Housing Finance Agency (FHFA) crossed into dou...
Fri, Jan 22 2021, 1:09 PM
Existing home sales resumed an upward trajectory in December. After drifting lower by 2.5 percent in November, breaking a five-month streak of gains ,...
Fri, Jan 22 2021, 1:00 PM
Optimism is running high in Fannie Mae's first Economic and Housing Outlook of the year. The company's Economic and Strategic Research (ESR) team says...
Wed, Jan 20 2021, 11:45 AM
After setting three successive record highs, most recently a 90 level in November , the pandemic and rising construction costs are taking a toll on th...
Wed, Jan 20 2021, 9:15 AM
The Mortgage Bankers Association (MBA) estimates that applications for the purchase of newly built homes rose only 0.2 percent from November to Decemb...
Fri, Jan 15 2021, 10:19 AM
Freddie Mac's first quarter 2021 economic forecast is unusually short, and, unlike recent forecasts from either of the GSEs, has relatively few revisi...
Thu, Jan 7 2021, 5:32 PM
That the pandemic is worse today than it was last spring appears to be finally dawning on a lot of consumers and the Home Purchase Sentiment Index (HP...
Thu, Jan 7 2021, 11:49 AM
While COVID-19 has wreaked havoc on most of the economy last year, Wells Fargo's Securities Economic Group says many of the responses to the pandemic ...
Tue, Jan 5 2021, 11:06 AM
Home prices rose another 1.1 percent in November according to the CoreLogic report on its Home Price Index. The year-over-year gain was 8.2 percent , ...
Wed, Dec 30 2020, 11:28 AM
Pending home sales slid for the third straight month in November and the 2.6 percent decline was the largest of the three. The National Association of...
Wed, Dec 23 2020, 12:11 PM
New home sales essentially fell of a cliff in November. The U.S. Census Bureau and the Department of Housing and Urban Development said on Wednesday t...
Tue, Dec 22 2020, 11:26 AM
Existing home sales finally took a breather in November, breaking a five month stretch of gains, often substantial ones. The National Association of R...
Wed, Dec 16 2020, 12:27 PM
After setting successive survey highs in September, October, and November, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market...
Wed, Dec 16 2020, 10:09 AM
The Mortgage Bankers Association (MBA) says applications for new home purchases suffered a significant downturn in November but remain well above the ...
Wed, Dec 16 2020, 9:36 AM
A recent spate of positive news has allowed Fannie Mae to upgrade several pieces of its economic forecast this month. The approval of at least one COV...
Wed, Dec 16 2020, 9:35 AM
Twenty-three housing and economic experts have told the National Association of Realtors® (NAR) they expect the post-pandemic economic rebound to cont...
Wed, Dec 2 2020, 8:08 AM
There was the usual disruption to mortgage application activity during the Thanksgiving holiday week that ended November 27, although the volume, espe...
Mon, Nov 30 2020, 10:44 AM
Pending home sales, which ended a four-month streak of gains in September with a 2.2 percent decline, slipped further in October. The National Associa...
Wed, Nov 25 2020, 11:25 AM
Sales of newly constructed single-family homes slipped slightly in October; the second month sales have declined. The U.S. Census Bureau and Departmen...
Wed, Nov 25 2020, 9:21 AM
Refinancing increased its already overwhelming dominance of the mortgage market during the week ended November 20. The Mortgage Bankers Association (M...
