Fri, Jun 6 2025, 2:22 PM
The Mortgage Bankers Association’s (MBA) latest survey showed a pullback in mortgage applications, with rates dipping slightly after a three-week clim...
Fri, May 30 2025, 6:03 PM
The National Association of Realtors' Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has spent more than two years s...
Fri, May 30 2025, 5:43 PM
The Mortgage Bankers Association's (MBA) weekly application survey continues to track closely with the more granular daily rate data from MND. Both sh...
Fri, May 30 2025, 4:59 PM
Both FHFA and Case Shiller released home price data this week with some mixed messages for the housing market. The first thing to remember about the m...
Fri, May 23 2025, 3:07 PM
The Census Bureau reported New Home Sales for April today, and at face value, the news is good. Economists expected an annual pace of 692k, but were ...
Fri, May 23 2025, 2:17 PM
Two months ago, existing home sales came in at the highest levels in a year according the the National Association of Realtors (NAR). Last month's rep...
Fri, May 23 2025, 1:39 PM
The Mortgage Bankers Association's (MBA) weekly application survey has been doing a good job of tracking with the more granular daily rate data from M...
Fri, May 16 2025, 4:11 PM
The Census Bureau is out with monthly construction numbers for April showing an uptick in construction activity offset by slightly lower permitting. ...
Fri, May 16 2025, 3:52 PM
The National Association of Homebuilders (NAHB) and Wells Fargo released the monthly Housing Market Index (HMI) this week, showing builder confidence ...
Fri, May 16 2025, 2:16 PM
Home purchase demand improved improved last week according to the MBA mortgage application survey. The improvement over the previous week was fairly m...
Fri, May 2 2025, 3:00 PM
Both of the major purveyors of home price indices have been in agreement for the better part of a year that the average home is appreciating between 4...
Fri, May 2 2025, 2:28 PM
Mortgage rates were in the process of falling by the end of last week, but they made additional headway during the first half of the present week. Th...
Fri, Apr 25 2025, 3:54 PM
As is the case for the monthly data on New Home Sales from the Census Bureau, the National Association of Realtors (NAR) Existing Home Sales report do...
Fri, Apr 25 2025, 3:19 PM
The Census Bureau released March New Home Sales data this week, and it was near the best levels seen since early 2022. Before you get too excited abo...
Fri, Apr 25 2025, 3:01 PM
Thu, Apr 17 2025, 4:02 PM
The National Association of Homebuilders (NAHB) and Wells Fargo publish the Housing Market Index (HMI) each month, otherwise known simply as "builder ...
Thu, Apr 17 2025, 3:32 PM
One would think that the pace of new residential construction largely mirrors the pace of filings for building permits. And while that is generally tr...
Thu, Apr 17 2025, 2:18 PM
The Mortgage Bankers Association's (MBA) mortgage application survey was at the highest combined level since October in last week's data--a move large...
Fri, Apr 4 2025, 2:59 PM
The Mortgage Bankers Association (MBA) released the latest mortgage application data this week showing a modest 1.6% decrease from the previous week. ...
Fri, Mar 28 2025, 5:16 PM
The National Association of Realtors' Pending Home Sales Index (PHSI) tracks purchase contract signings that have not yet turned into Existing Home Sa...
Fri, Mar 28 2025, 4:19 PM
This week's update on refinance application demand accurately reflects the fact that rates came into the week near their recent highs, but managed to ...
Fri, Mar 28 2025, 3:52 PM
It's not uncommon for certain medications to come with warnings about avoiding certain activities like driving or operating heavy machinery due to the...
Fri, Mar 28 2025, 3:29 PM
There are two dominant home price indices released each month in the U.S. The Federal Housing Finance Agency (FHFA) is responsible for the most all-i...
Fri, Mar 21 2025, 4:04 PM
As is the case with a majority of housing and mortgage market data these days, the Existing Home Sales data from NAR is heavily dependent on context. ...
Fri, Mar 21 2025, 3:49 PM
The Mortgage Bankers Association conducts a weekly survey on the level of mortgage applications, both for purchases and refinances. Both data series ...
Fri, Mar 21 2025, 3:25 PM
The Census Bureau released its New Residential Construction report this week, frequently referred to by its principal component "housing starts" (a te...
Fri, Mar 21 2025, 3:03 PM
The National Association of Homebuilders/Wells Fargo Housing Market Index (aka "builder confidence") hasn't been in a purgatory of sorts, ever since t...
Fri, Mar 7 2025, 2:25 PM
As we noted last week, the timing of the improvements in mortgage rates meant that the previous survey of mortgage applications from the MBA was unabl...
Fri, Feb 28 2025, 3:16 PM
As is the case almost every week of the year, the Mortgage Bankers Association released its weekly mortgage app survey this week, showing the changes ...
Fri, Feb 28 2025, 2:57 PM
The Census Bureau released new home sales data for January this week, and the annual pace was a seemingly significant 10.5% lower than last month's pa...
Fri, Feb 28 2025, 2:36 PM
The massive spike and subsequent correction in home price appreciation (mid-2020 through early 2023) generated lots of opinions and concerns about the...
Thu, Feb 27 2025, 3:05 PM
The National Association of Realtors released its Pending Home Sales Index (PHSI) today, which measures home purchase contracts that have been signed,...
Fri, Feb 21 2025, 2:59 PM
Per the latest release from the Mortgage Bankers Association (MBA), both refinance and purchase indices decreased this week. In terms of the change fr...
Fri, Feb 21 2025, 2:30 PM
The Census Bureau released its New Residential Construction report this week, frequently referred to by its principal component "housing starts" (a te...
Fri, Feb 21 2025, 2:01 PM
The National Association of Homebuilders (NAHB) along with Wells Fargo released the monthly builder confidence index this week, and it came out much w...
Fri, Feb 14 2025, 2:47 PM
In this week's update on mortgage applications from the Mortgage Bankers Association (MBA), purchases continued a modest retreat but refinance demand ...
Wed, Feb 5 2025, 3:35 PM
There are two main styles of measurement when it comes to keeping track of mortgage rates: daily and weekly. Sometimes, the differences in methodolog...
Thu, Jan 30 2025, 3:24 PM
The National Association of Realtors (NAR) released its Pending Home Sales Index (PHSI) for December this morning. Pending sales measures the number ...
Tue, Jan 28 2025, 3:22 PM
Both S&P Case-Shiller and the FHFA released national home price indices this morning. In both cases, November's prices were slightly higher than expec...
Fri, Jan 24 2025, 3:16 PM
It's no mystery that 2024 hasn't been a stellar year for home sales and many other housing metrics. Today's release of December's Existing Home Sales ...
Fri, Jan 24 2025, 2:52 PM
The Mortgage Bankers Association's (MBA) weekly mortgage application survey showed a modest decrease in refinance applications and an even more modest...
Fri, Jan 17 2025, 3:40 PM
While it would be technically accurate to point out a slight increase in January's homebuilder confidence (officially the National Association of Home...
Fri, Jan 17 2025, 3:16 PM
The US Census Bureau released its New Residential Construction report for December today. The report measures building permits, the start of the cons...
Wed, Jan 15 2025, 3:13 PM
There hasn't been meaningful change in economic data that measures activity in the housing and mortgage markets. In a nutshell, activity has been drif...
Fri, Jan 10 2025, 5:09 PM
2024 has been one of those "it is what it is" sort of years for activity in the mortgage market. There were signs of hope over the summer months as r...
Fri, Jan 3 2025, 3:49 PM
Blessings, curses, enigmas, paradoxes, etc... The state of home price appreciation in the U.S. is all of the above. The positive case for home prices...
Fri, Jan 3 2025, 3:22 PM
The Mortgage Bankers Association (MBA) didn't publish updated weekly application numbers last week, which meant that this week's data had to play catc...
Mon, Dec 30 2024, 3:11 PM
The National Association of Realtors (NAR) releases monthly reports on both existing and pending home sales. The latter tracks signed purchase contrac...
Mon, Dec 23 2024, 3:08 PM
Those who spend any time digging into home construction and home sales figures in the U.S. know that, of the 4 census divisions, the South accounts fo...
Thu, Dec 19 2024, 3:33 PM
Just in time for the big jump in interest rates seen after yesterday's Fed announcement, the latest Existing Home Sales data from the National Associa...
