Today, 12:45 PM
If you're just here for the conforming loan limit news, $766,550 is the number for 2024. Does this mean no one can get a mortgage for more than $...
Today, 12:02 PM
Today brings the release of the two main home price indices (HPIs) for the month of September (yeah, there's a bit of a lag). The S&P Case Shiller ...
Mon, Nov 27 2023, 2:48 PM
The Census Bureau released the monthly New Home Sales report today, showing a decrease from 719k in September (revised down from 759k initially report...
Wed, Nov 22 2023, 8:47 AM
An improved (albeit slightly) mortgage interest rate environment helped push the volume of mortgage applications higher during the week ending Novembe...
Tue, Nov 21 2023, 12:46 PM
Existing home sales achieved their lowest annual level in ten years in September, and now appear to have doubled down. The National Association of Rea...
Fri, Nov 17 2023, 1:27 PM
Both of the key metrics for residential construction, housing permits, and housing starts, beat analysts’ expectations in October. The U.S. Census Bur...
Thu, Nov 16 2023, 2:24 PM
The National Association of Homebuilders and Wells Fargo releases the results of a survey of NAHB members each month regarding the health of the homeb...
Wed, Nov 15 2023, 8:25 AM
Even though mortgage interest rates changed only slightly, the volume of mortgage applications moved higher for the second time in as many weeks. The ...
Wed, Nov 8 2023, 8:11 AM
A quarter-point decline in 30-year fixed-rate mortgage (FRM) interest pushed mortgage application activity higher across the board during the week end...
Wed, Nov 1 2023, 9:07 AM
Mortgage application volume moved lower for the third consecutive time during the week ended October 27 , losing another 2.1 percent on a seasonally a...
Tue, Oct 31 2023, 2:30 PM
Even with interest rates at a two-decade high and mortgage applications and existing home sales slipping back to 20th-century levels, home prices cont...
Thu, Oct 26 2023, 3:18 PM
There's not much by way of "new news" for the housing market when it comes to sales data. New home sales continue strongly outperforming while Existi...
Wed, Oct 25 2023, 9:34 AM
Interest rates rose again last week, as did the share of borrowers seeking a little price relief by applying for adjustable-rate mortgages (ARMs). Whi...
Thu, Oct 19 2023, 11:59 AM
Sales fell below the $4 million mark in September, marking the slowest month for existing home sales since October 2010. The National Association of R...
Wed, Oct 18 2023, 9:04 AM
Mortgage applications fell again last week as interest rates rose into the high 7 percent range. The Mortgage Brokers Association (MBA) said its Marke...
Tue, Oct 17 2023, 11:39 AM
Stubbornly high mortgage rates further eroded home builders’ confidence in the new home market in October. Not only did the National Association of Ho...
Wed, Oct 11 2023, 10:27 AM
A reduction in adjustable mortgage rates led some cost-stressed borrowers to forsake fixed-rate security and drove mortgage application volume up slig...
Wed, Oct 4 2023, 9:07 AM
As mortgage rates continued to climb, mortgage applications took their biggest hit since mid-April. The Mortgage Bankers Association (MBA) said its Ma...
Tue, Oct 3 2023, 1:24 PM
A tempest in a teapot or the start of an uprising? Redfin, the publicly owned Seattle-based real estate company with 50 offices nationwide, announced ...
Thu, Sep 28 2023, 12:47 PM
Pending home sales failed to add a third month onto the mini rally it staged in June and July. The National Association of Realtors® (NAR) said its P...
Wed, Sep 27 2023, 7:12 AM
The highest mortgage rates in 20+ years drove another decline in mortgage applications during the week ended September 22. The Mortgage Bankers Associ...
Tue, Sep 26 2023, 2:11 PM
August sales of newly constructed single-family homes failed to match the robust numbers from July but were significantly better than those a year ear...
Tue, Sep 26 2023, 11:16 AM
Home prices have resumed their upward climb despite mortgage rates that have doubled post-COVID. According to Craig J. Lazzara, Managing Director at S...
Wed, Sep 20 2023, 11:09 AM
Mortgage application activity bounced back from the holiday-shortened prior week but is still running significantly below historic levels. The Mortg...
Tue, Sep 19 2023, 11:15 AM
Results of the August Residential Construction report from the U.S. Census Bureau and the Department of Housing and Urban Development were decidedly m...
Mon, Sep 18 2023, 11:56 AM
The National Association of Home Builders (NAHB) said on Monday that its index that measures home builder confidence in the new home market has fallen...
Wed, Sep 13 2023, 9:20 AM
The Mortgage Bankers Association (MBA) said the volume of mortgage applications dipped slightly during the week ended September 8. MBA said its Market...
Wed, Sep 6 2023, 9:36 AM
A powerful hurricane and an approaching three-day weekend may have offset the impact of an improvement in interest rates during the week ended Septemb...
Wed, Aug 30 2023, 8:16 AM
After falling for five straight weeks, mortgage applications finally gained a little ground last week. The Mortgage Bankers Association (MBA) said i...
Wed, Aug 23 2023, 2:52 PM
Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales. July’s sales of pre-...
Wed, Aug 23 2023, 10:54 AM
Mortgage interest rates rose again last week, reaching the highest level in nearly a quarter century and further sidelining mortgage borrowers. The Mo...
Tue, Aug 22 2023, 11:52 AM
Sales of existing homes slipped in July even as median prices sustained their record-high levels. The National Association of Realtors® (NAR) said th...
Wed, Aug 16 2023, 9:31 AM
Increased mortgage rates continued to damp down both purchase and refinance activity during the week ended August 11. The Mortgage Bankers Association...
Tue, Aug 15 2023, 11:44 AM
Rising rates took a toll on builder confidence in August. The National Association of Home Builders (NAHB) said the NAHB/Wells Fargo Housing Market In...
Wed, Aug 9 2023, 8:11 AM
The downturn in mortgage application volume extended to a third straight week over the period ending August 4. The Mortgage Bankers Association (MBA) ...
Tue, Aug 8 2023, 2:42 PM
A measure of the availability of mortgage credit dropped to its lowest level in a decade last month as lenders sought to reduce operating costs and ...
Wed, Aug 2 2023, 9:19 AM
The weekly applications report from the Mortgage Bankers Association (MBA) wasn’t positive, but it was certainly consistent. MBA said its Market Compo...
Thu, Jul 27 2023, 1:26 PM
Pending home sales pulled out of a three-month spiral in June but with only a fractional increase from May. The National Association of Realtors® (NAR...
Wed, Jul 26 2023, 8:31 AM
Mortgage application volume during the week ended July 24 was down slightly from the prior week. Static interest rates did little to stir the refinanc...
Tue, Jul 25 2023, 2:18 PM
The S&P CoreLogic Case-Shiller Indices posted an annual decline in home prices for the second straight month in May while the Housing Price Index pr...
Thu, Jul 20 2023, 4:33 PM
Almost everyone has said it or heard it: Existing Home Sales are in the toilet because there's no inventory and there's no inventory because no one wa...
Wed, Jul 19 2023, 3:55 PM
The rate of both construction permitting and housing starts retreated from their May levels last month. The significant increase in estimated starts ...
Wed, Jul 19 2023, 9:35 AM
Applications for refinancing rebounded last week from the previous week’s holiday-related slowdown but purchase applications slid lower. The Mortgage ...
Tue, Jul 18 2023, 2:18 PM
Increases in single-family rents soared in the post-pandemic environment but have now moderated to the annual levels in the pre-pandemic years of 201...
Tue, Jul 18 2023, 11:00 AM
Builder confidence in the market for newly constructed homes rose another point in July according to the National Association of Home Builders (NAHB)....
Wed, Jul 12 2023, 9:55 AM
The Mortgage Bankers Association (MBA) reports a slight increase in the volume of mortgage applications during the week ended July 7. MBA’s seasonally...
Mon, Jul 10 2023, 2:29 PM
The Black Knight Mortgage Monitor for May doesn’t even hint at a housing crisis on the horizon. Affordability is again (or maybe still) a concern, ...
Thu, Jul 6 2023, 8:37 AM
The volume of mortgage applications fell during the last week of June as compared to the prior week which had contained an adjustment to account for t...
Wed, Jun 28 2023, 9:17 AM
In light of yesterday’s strong report on new home sales and the earlier marginally improved one on pre-owned home sales, mortgage application volumes ...
Tue, Jun 27 2023, 1:33 PM
Both the S&P CoreLogic Case-Shiller U.S. National Home Price Index and the Federal Housing Finance Agency’s (FHFA’s) Home Price Index (HPI) show home...
