Thu, Jun 9 2022, 2:45 PM
The Mortgage Bankers Association (MBA) publishes a monthly index that attempts to quantify how tight or loose lending standards are compared to a comm...
Wed, Jun 8 2022, 3:48 PM
It's a fairly sobering headline any way you word it: mortgage applications hit the lowest levels in 22 years last week according the the Mortgage Bank...
Tue, Jun 7 2022, 2:30 PM
Fannie Mae conducts a monthly survey on homebuying sentiment, officially known as the Home Purchase Sentiment Index (HPSI). It tracks buyer/seller at...
Mon, Jun 6 2022, 3:36 PM
In stark contrast to the recent New Home Sales data, a new white paper from Black Knight suggests that, by the time we include existing homes, there a...
Wed, Jun 1 2022, 12:28 PM
Construction spending continues to run well above its pace in 2021 with the residential sector remaining responsible for much of the gain. Total spend...
Wed, Jun 1 2022, 9:56 AM
Even though mortgage interest rates moved lower again last week, application activity continued to decline. The Mortgage Bankers Association (MBA) sai...
Thu, May 26 2022, 10:43 AM
The National Association of Realtors® (NAR) says its Pending Home Sales Index (PHSI) in April represents a sixth consecutive monthly decline. The Inde...
Wed, May 25 2022, 4:08 PM
Today's weekly mortgage application survey from the Mortgage Bankers Association (MBA) was fairly unsurprising in that applications declined, but at a...
Tue, May 24 2022, 1:43 PM
The housing market has been keeping its head down, keeping calm, and carrying on in the face of the biggest rate spike since the 1980s. The ability t...
Wed, May 18 2022, 3:07 PM
The regular monthly release of the New Residential Construction report from the Census Bureau is typically fairly dry. To be fair, this month's updat...
Wed, May 18 2022, 9:13 AM
Mortgage application activity, which had been on the rebound this month, suffered its largest loss since mid-February during the week ended May 13. A...
Tue, May 17 2022, 3:17 PM
Homebuilder confidence may still be higher than almost any time before the pandemic, but it's now lower than any time since. The post-pandemic lows a...
Thu, May 12 2022, 12:48 PM
The volume of commercial and multifamily mortgage loan originations jumped 72 percent in the first quarter of 2022 compared to a year earlier. The M...
Wed, May 11 2022, 9:28 AM
Mortgage application volume continued its recovery last week driven by a second strong increase in purchasing activity. The Mortgage Bankers Associati...
Tue, May 10 2022, 11:13 AM
Black Knight says the steep ascent of mortgage rates, the 30-year conforming jumped 63 basis points in April, was matched by a sharp drop in rate lock...
Tue, May 10 2022, 9:46 AM
Consumers opinion about the wisdom of buying a home went underwater in April 2021 and continues to sink. Fannie May says the question about whether it...
Wed, May 4 2022, 9:52 AM
The volume of mortgage application submitted during the week ended April 29 ended a seven-week slide. The Mortgage Bankers Association (MBA) said purc...
Tue, May 3 2022, 2:08 PM
Total construction spending continues to roar ahead of its 2021 pace, led again in March by another double digit increase in the residential compone...
Wed, Apr 27 2022, 2:43 PM
Today brought 2 new scheduled data releases for the housing market. Both were fairly logical given the variables in play. So far in 2022, one of the...
Tue, Apr 26 2022, 3:21 PM
New, single family home sales declined by 8.6 percent in March according to data released today by the Census Bureau. That seems like a fairly substa...
Tue, Apr 26 2022, 12:14 PM
Interest in sustainable homes, those with green or energy-saving features, appears to be growing. The National Association of Realtors® (NAR) recently...
Mon, Apr 25 2022, 3:32 PM
Mortgage delinquencies hit a record low in March according to the "first look" report on mortgage performance released today by Black Knight. Hitting ...
Fri, Apr 22 2022, 12:29 PM
As home sales surged and prices soared, real estate investors were no small part of the mix. CoreLogic says the share of home sales going to investor...
Wed, Apr 20 2022, 3:07 PM
The brutal interest rate spike of 2022 has been all over the news for more than a month, but the strong pace of home sales (or purchase mortgage appli...
Wed, Apr 20 2022, 12:57 PM
The Mortgage Bankers Association's (MBA) latest weekly mortgage application data shows an ongoing and unsurprising decline in refinance applications. ...
Wed, Apr 20 2022, 9:58 AM
Despite the oft-cited hurdles, housing production continued to strengthen in March. Permits for residential construction were issued at seasonally adj...
Mon, Apr 18 2022, 2:44 PM
Mortgage rates may be at the highest levels in more than 3 years, but the housing market has yet to show visible signs of distress. April's release o...
Wed, Apr 13 2022, 11:27 AM
The Mortgage Bankers Association (MBA) reported double digit increases in the interest rates of most mortgage products again last week, and refinancin...
Tue, Apr 12 2022, 3:05 PM
Two full years after the COVID-19 virus upended life the Mortgage Bankers Association’s (MBA’s) Mortgage Credit Availability Index (MCAI) remains some...
Tue, Apr 12 2022, 2:37 PM
While still healthy, mortgage lenders’ 2021 profits took a deep dive from the record returns recorded in 2020. The Mortgage Bankers Association’s (MBA...
Mon, Apr 11 2022, 3:18 PM
Overall volumes of mortgage loan rate locks appear, as yet, largely unaffected by the recent increases in mortgage interest rates, but have definitely...
Wed, Apr 6 2022, 2:04 PM
You can't spend too much time reading/watching the news recently without being well aware of the relatively unprecedented surge in mortgage rates seen...
Mon, Apr 4 2022, 2:17 PM
Black Knight's latest Mortgage Monitor report was released this morning and it provided more timely insight on home price appreciation than last week'...
Fri, Apr 1 2022, 2:37 PM
Total construction spending rose in February to a seasonally adjusted annual rate of $1.704 trillion, a 0.5 percent increase from January and 11.2 per...
Wed, Mar 30 2022, 10:35 AM
For most of 2010 through the middle of 2013, the purchase mortgage market languished as homebuyers were reluctant to come back to the table after the ...
Tue, Mar 29 2022, 2:03 PM
Fri, Mar 25 2022, 2:30 PM
Friday’s pending home sales report was the hat trick; all three home sales measures declined last month . While new and existing home sales have had ...
Thu, Mar 24 2022, 9:52 AM
While they began to become homeowners at a more advanced age than many of their predecessors and encountered an abnormally high number of obstacles ge...
Wed, Mar 23 2022, 1:58 PM
The data is in for Q4, 2021, and it was not a good quarter for mortgage profitability according to the Quarterly Mortgage Bankers Performance report f...
Wed, Mar 23 2022, 1:24 PM
The correlation between interest rates and mortgage refinance demand is extremely strong and predictable. Rates go up, refis go down. Rates skyrocke...
Tue, Mar 22 2022, 12:36 PM
More than a half-million loans remained in forbearance at the end of February according to the Mortgage Bankers Association (MBA). Its monthly Loan ...
Fri, Mar 18 2022, 1:13 PM
Existing home sales slowed in February and the National Association of Realtors® (NAR) said the recent rise in interest rates may have already knocke...
Wed, Mar 16 2022, 1:55 PM
Residential construction and its logical impact on builder confidence has been one of the biggest pleasant surprises of an otherwise very unpleasant c...
Wed, Mar 16 2022, 1:00 PM
The Mortgage Bankers Association (MBA) released its latest mortgage application numbers this morning and the modest movement belies the drama unfoldin...
Tue, Mar 15 2022, 4:18 PM
Imagine paying $1500/month for rent in 2021 and getting a renewal letter for $2079. That's the reality for those living in the metropolitan area wher...
Thu, Mar 10 2022, 2:30 PM
Mortgage lenders are pragmatic about their business prospects over the next quarter, expecting mortgage rates to continue to increase and refinance ac...
Wed, Mar 9 2022, 9:34 AM
The news release for weekly mortgage applications may have come out today, but as with any economic report, it refers to things that happened in the p...
Mon, Mar 7 2022, 12:32 PM
All too often, when it comes to consumer surveys about the future, the results tend to reflect what has already happened as opposed to what will conti...
Wed, Mar 2 2022, 1:24 PM
Mortgage applications have been making logical moves recently with higher rates causing a sharp deceleration in refinance activity. Purchases are off...
Tue, Mar 1 2022, 1:46 PM
CoreLogic released its Home Price Index for January today, showing year-over-year price appreciation of 19.1% nationally. That's the highest rate of ...
