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Existing Home Sales Highest in Nearly 2 Years

Home Prices Still Growing at More than 5% Annually

Fannie Predicts Pick-Up in Residential Construction in 2020

Mortgage Application Volume Retains Most of Last Week's Gains

Gen Z and Millennials Plan on Buying Homes in Larger Numbers...

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Mortgage Rates Maintaining Longer-Term Lows For Now

MBS Day Ahead: Infinite Faith vs Infinite Resignation: Bond Market...

Warehouse, Broker Products; M&A With Lenders and Vendors;...

Mortgage Rates Back to 3-Month Lows

MBS Week Ahead: Light Data Week Leaves Focus Overseas

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Younger Generations Plan on Buying More Homes; Rates Back to 3-Month Lows, But Why?

Published: 1/21/2020

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MND NewsWire features plain and simple interpretations of industry related data and events written in a manner that maintains the interest of random readers while still catering to the perspective of a housing market professional.

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Mortgage Rates, Applications Down In Short Holiday Week

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by Mortgage News Daily on November 30 2006, 8:00 AM

Long term interest rates took a bit of a dive during the week ended November 22 according to Freddie Mac's Primary Mortgage Market Survey. The 30-year fixed-rate mortgage (FRM) averaged 6.18 percent, A drop of six basis point from the previous week and...
Existing Home Sales Increase Slightly But Median Prices Decline

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by Mortgage News Daily on November 29 2006, 8:00 AM

Reports on the sales of existing homes for October were released on November 28 by the National Association of Realtors. On a slightly optimistic note, sales were up one-half percent to a seasonally adjusted annual rate of 6.24 million units compared...
Conforming Loan Limits Remain Unchanged

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by Mortgage News Daily on November 29 2006, 8:00 AM

The Office of Federal Housing Enterprise Oversight (OFHEO) has announced as expected that 2007 dollar limits on conforming mortgages would remain unchanged from 2006 levels, at $417,000......
It Might Seem Like A Commune But Co-housing Is Not A Sixties Idea

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by Mortgage News Daily on November 28 2006, 8:00 AM

Co-housing is not a well known term in real estate but it is a growing housing movement. It is also called " intentional communities ," but if you were around in the 1960s the word "commune" may pop into mind. Co-housing, however, is a very different...
OFHEO Outlines Plans For Declining Conforming Loan Limits

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by Mortgage News Daily on November 27 2006, 8:00 AM

The Office of Federal Housing Enterprise Oversight (OFHEO), the agency charged with keeping an eye on Freddie Mac and Fannie Mae has alerted lenders that conforming loan limits for the next year may be subject to falling rather than rising for the first...
Mortgage Rates Drop As Inflation Threat Wanes

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by Mortgage News Daily on November 23 2006, 8:00 AM

Mortgage rates continued a general downward trend during the week ended November 16 with the long term rate retreating substantially. According to Freddie Mac and its Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged......
Home Prices and Volume Generally Down In Third Quarter

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by Mortgage News Daily on November 22 2006, 8:00 AM

Accentuate the positive. Gild the lily. Lots of cliches come to mind after reading the third quarter summary of existing home sales released on Monday by the National Association of Realtors. The report itself, however, is sobering ......
Anti-Eminent Domain Laws Both Won and Lost on Election Day

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by Mortgage News Daily on November 21 2006, 8:00 AM

Voters have made it clear that they have not forgotten Kelo v New London , the Supreme Court decision on Eminent Domain that enraged many property owners across the country. Twelve such initiatives appeared on the ballot in as many states in the last...
Housing Starts Dive But Builder and Buyer Confidence Are Up

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by Mortgage News Daily on November 20 2006, 8:00 AM

The Census Bureau and the U.S. Department of Housing and Urban Development have released October figures on building permits and housing starts and the news is not good. But while builders appear to be pulling back in actual building activity, their confidence...
Real Estate Technology Now Means Blogs

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by Mortgage News Daily on November 16 2006, 8:00 AM

When I went back into real estate in the mid-90's I expected a level of real estate technology at least as high as our commercial real estate firm had possessed ten years earlier; rather primitive computers, word processors really, that could spew out...
Mortgage Rates Drift Short Term With Little Change Since Last Year

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by Mortgage News Daily on November 15 2006, 8:00 AM

Interest rates during the week ended November 9 continued to exhibit the same meandering pattern that they have for months according to the Primary Mortgage Market Survey released by Freddie Mac. Refinancing accounted for 48 percent of all mortgage applications...
NAR Put Big Money On The Table To Support Its Candidates

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by Mortgage News Daily on November 14 2006, 8:00 AM

Remember the days when it was thought a bit unseemly to brag about spending money to influence the political process? Apparently in today's world it is considered a mark of distinction to lobby with big bucks. Last week the National Association of Realtors...
Housing Bubble Leak Showing Up In Other Parts Of Economy

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by Mortgage News Daily on November 09 2006, 8:00 AM

The slowdown in housing has begun to take a toll on the overall economy according to the November Economic Outlook issued by Freddie Mac on November 8. According to the latest version of the report which is issued early each month by the Office of the...
Mortgage Rates Back To November 2005 Levels

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by Mortgage News Daily on November 08 2006, 8:00 AM

Frank Nothaft, vice and president and chief economist of Freddie Mac credited declining third quarter Gross Domestic Product figures for a slight drop in mortgage interest rates for the week ended November 2. Nothaft said, "With mortgage rates down this...
CFA Hits Real Estate Industry On Low Entry Barriers and Lack Of Oversight

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by Mortgage News Daily on November 07 2006, 8:00 AM

The Consumer Federation of America had a lot of critical things to say about the real estate industry in general and the National Association of Realtors (NAR) in particular when Executive Director Steve Brobeck, testified before a subcommittee of the...

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