Wed, Jun 26 2024, 8:08 AM
Slightly lower mortgage rates failed to impress potential borrowers last week. The Mortgage Bankers Association said its Market Composite Index, a mea...
Tue, Jun 25 2024, 12:01 PM
Two major home price indexes had very different conclusions about the growth of annual home prices in April, but each showed a significant month-over...
Thu, Jun 20 2024, 11:45 AM
The rate of both construction permitting and residential construction starts fell in May, with permitting losing ground for the third straight month. ...
Thu, Jun 20 2024, 8:31 AM
There was a slight increase in mortgage application volume during the week ended June 14. For a change, it was accounted for by the home purchasing co...
Wed, Jun 12 2024, 8:14 AM
Mortgage application activity recovered nicely last week from a downturn during the previous holiday-shortened week, helped by a temporary drop in in...
Wed, Jun 5 2024, 7:00 AM
Interest rates, along with the distraction of a three-day weekend, further slowed the mortgage market last week. Tho Mortgage Bankers Association (MBA...
Thu, May 30 2024, 12:30 PM
Pending home sales fell another 7.7 percent in April according to the National Association of Realtors® (NAR). NAR’s Pending Home Sales Index (PHSI) ...
Wed, May 29 2024, 8:07 AM
Higher interest rates helped to wipe out three weeks of gains in mortgage application activity. The Mortgage Bankers Association (MBA) said its Market...
Wed, May 22 2024, 3:17 PM
The inventory of existing homes for sale increased from March to April, but the increased availability didn’t bolster sales. The National Association ...
Wed, May 22 2024, 8:54 AM
Interest rates hit a seven-week low last week, boosting the level of refinancing applications for the third straight week, but those for home purchase...
Thu, May 16 2024, 2:55 PM
The latest data on new residential construction from the U.S. Census Bureau paints a somewhat mixed picture of the housing market. While housing compl...
Wed, May 15 2024, 1:54 PM
Builders’ confidence in the new home market retreated this month , the first decline since last November. The National Association of Home Builders (N...
Wed, May 15 2024, 8:21 AM
Lower interest rates gave a lift to refinancing activity for the second week but failed to do the same for those financing home purchases. The Mortgag...
Wed, May 8 2024, 8:16 AM
Lower interest rates allowed mortgage activity to rise modestly during the week ended May 3. It was the first increase in three weeks. The Mortgage Ba...
Wed, May 1 2024, 9:00 AM
Rising interest rates continue to constrain mortgage borrowing. The Mortgage Bankers Association says its Market Composite Index, a measure of loan ap...
Tue, Apr 30 2024, 12:24 PM
Home price increases continued to accelerate in February even as interest rates also moved higher. Both the S&P CoreLogic Case-Shiller Indices and the...
Wed, Apr 24 2024, 8:36 AM
The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, fell back for the first time in...
Tue, Apr 23 2024, 12:47 PM
Existing home sales posted strong gains in February while sales of new homes slipped slightly. In March each category switched directions. The U.S. Ce...
Wed, Apr 17 2024, 8:35 AM
Mortgage interest rates rose for the second straight week, and so did the volume of mortgage applications. The Mortgage Bankers Association (MBA) said...
Tue, Apr 16 2024, 11:41 AM
While builder confidence in the market for new residential construction improved in March, it remained flat in April and residential construction numb...
Wed, Apr 10 2024, 8:39 AM
The interest rate for conforming 30-year fixed-rate mortgages (FRM) again topped 7 percent last week, but mortgage application activity still squeezed...
Wed, Apr 3 2024, 8:16 AM
Mortgage application activity drifted lower again last week , the third straight week of mostly fractional declines. The Mortgage Bankers Association’...
Wed, Mar 27 2024, 8:42 AM
The Mortgage Bankers Association said its Market Composite Index moved lower last week, apparently indifferent to a slight improvement in mortgage int...
Tue, Mar 26 2024, 1:53 PM
Sales of newly constructed homes were virtually unchanged in February. The 662,000 seasonally adjusted annual units recorded in during the month was d...
Fri, Mar 22 2024, 1:44 PM
Rather than easing back from the January level as expected, existing home sales shot significantly higher in February, The National Association of Rea...
Wed, Mar 20 2024, 8:14 AM
After rising a cumulative 17 percentage points over the prior two weeks, mortgage application volume slowed slightly last week. The Mortgage Bankers A...
Tue, Mar 19 2024, 12:51 PM
Builder confidence rose for the fourth straight month and residential construction stats may now be trying to catch up. Both construction permits and ...
Wed, Mar 13 2024, 8:54 AM
A surge in refinance applications drove mortgage application volume higher for the second straight time last week. The Mortgage Bankers Association sa...
Wed, Mar 6 2024, 8:59 AM
Whether prompted by a tiny improvement in mortgage rates or the first stirrings of a spring market, mortgage activity reversed course last week. The M...
Fri, Mar 1 2024, 3:51 PM
Sometimes you'll see coverage of economic data that conforms to certain template with a predictable details and word counts. Rarely, the word count w...
Wed, Feb 28 2024, 8:37 AM
The week ending February 23 produced the third consecutive period of declining mortgage activity. The Mortgage Bankers Association (MBA) said its Mark...
Tue, Feb 27 2024, 11:55 AM
Despite the upward path of interest rates, both the CoreLogic Case-Shiller indices and the Housing Price Index (HPI) published by the Federal Housing ...
Mon, Feb 26 2024, 3:24 PM
With the market for existing homes struggling amid a lack of inventory, New Home Sales continue doing the heavy lifting for the housing market. Rathe...
Thu, Feb 22 2024, 1:23 PM
Prospects for the spring market look a bit brighter as January numbers show an increase in both the pace of existing home sales and the size of the un...
Wed, Feb 21 2024, 8:43 AM
Higher interest rates continued to depress mortgage applications last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a ...
Fri, Feb 16 2024, 11:10 AM
Even though the National Association of Home Builders (NAHB) reported the third consecutive increase in its measure of home builder confidence, actual...
Wed, Feb 14 2024, 9:02 AM
Higher mortgage rates hindered application activity during the week ended February 9. The Mortgage Bankers Association (MBA) said its Market Composite...
Wed, Feb 7 2024, 8:44 AM
Mortgage application volume rose modestly during the week as mortgage rates marked time. The Mortgage Bankers Association (MBA) said its Market Comp...
Fri, Jan 26 2024, 12:54 PM
Pending home sales surged last month, far exceeding analysts’ expectations. The National Association of Realtors® (NAR) said its Pending Home Sales In...
Thu, Jan 25 2024, 2:43 PM
New home sales finished 2023 on a positive note , posting seasonally adjusted numbers higher than in both November and the prior December. The U.S. Ce...
Wed, Jan 24 2024, 8:31 AM
Mortgage application activity has increased in each of the three weeks of the New Year, even though two of those weeks were impacted by federal holida...
Thu, Jan 18 2024, 12:39 PM
December’s housing starts failed to sustain their November growth but permit activity as well as positive news out of the National Association of Home...
Wed, Jan 17 2024, 8:32 AM
Mortgage application activity continued its strong post-holiday performance during the week ended January 12. The Mortgage Bankers Association (MBA)...
Wed, Jan 10 2024, 8:36 AM
Mortgage activity rose significantly during the week ended January 5, but it faced a pretty low bar. Loan application numbers were adjusted to account...
Mon, Jan 8 2024, 1:33 PM
Even as consumer sentiment about housing remained generally pessimistic, a change in perceptions about the future of mortgage interest rates did a lot...
Wed, Jan 3 2024, 9:01 AM
Mortgage activity took the usual hit over the last two weeks as the country celebrated a variety of religious and secular holidays. The Mortgage Broke...
Thu, Dec 28 2023, 3:15 PM
The National Association of Realtors (NAR) releases two widely followed home sales reports. Existing Home Sales measure transactions of homes other t...
Wed, Dec 20 2023, 7:00 AM
The Thanksgiving holiday was followed by two strong weeks for mortgage applications, especially for refinancing, as mortgage rates fell. This past wee...
Tue, Dec 19 2023, 12:46 PM
Housing starts, which had risen modestly in September and October, soared last month, topping 1.5 million units for the first time in 2023 . The U.S....
Wed, Dec 13 2023, 9:18 AM
Borrowers took advantage of lower mortgage rates again last week, seizing the opportunity, especially for refinancing. The Mortgage Bankers Associatio...
