Thu, Dec 17 2020, 10:30 AM
While housing completions were down, residential construction improved again in November . Permitting was especially strong with a 6.2 percent month-o...
Thu, Dec 17 2020, 10:22 AM
According to Ellie Mae's Origination Insight Report, loans closed during November had an average note rate of 2.97 percent. The 30-year note rate for ...
Wed, Dec 16 2020, 12:27 PM
After setting successive survey highs in September, October, and November, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market...
Wed, Dec 16 2020, 10:30 AM
Mortgage application volume was relatively flat as the nation eased into the holiday season. The Mortgage Bankers Association (MBA) said its Market Co...
Wed, Dec 16 2020, 10:09 AM
The Mortgage Bankers Association (MBA) says applications for new home purchases suffered a significant downturn in November but remain well above the ...
Wed, Dec 16 2020, 9:36 AM
A recent spate of positive news has allowed Fannie Mae to upgrade several pieces of its economic forecast this month. The approval of at least one COV...
Wed, Dec 16 2020, 9:35 AM
Twenty-three housing and economic experts have told the National Association of Realtors® (NAR) they expect the post-pandemic economic rebound to cont...
Fri, Dec 11 2020, 11:33 AM
The various types of foreclosure filings - default notices, scheduled auctions, and actual lender repossessions - declined in November. RealtyTrac, a ...
Thu, Dec 10 2020, 9:48 AM
Homeowner equity rose again in the third quarter of 2020, reaching the highest total in over six years. CoreLogic's quarterly report on that asset say...
Wed, Dec 9 2020, 10:04 AM
The Mortgage Bankers Association (MBA) said access to mortgage credit improved in November for the first time in several months but is still only abou...
Tue, Dec 8 2020, 10:52 AM
After climbing for three straight months Fannie Mae's Home Purchase Sentiment Index (HPSI) stalled in November , declining 1.7 points to 80.0. The ind...
Tue, Dec 8 2020, 8:39 AM
While the rate of non-current loans remained sharply higher than a year ago, CoreLogic reports that serious delinquencies , loans more than 89 days pa...
Mon, Dec 7 2020, 1:51 PM
The pandemic keeps manifesting itself in the housing market in small but potentially significant ways and there was another data point in Black Knight...
Fri, Dec 4 2020, 1:55 PM
A noted housing researcher has analyzed the current frenzy of home buying and the rapidly escalating prices since the country emerged from its short-l...
Fri, Dec 4 2020, 10:27 AM
Mortgage forbearances for homeowners affected financially by the pandemic declined slightly over the past week. Black Knight said that there were 200,...
Thu, Dec 3 2020, 1:09 PM
An analysis published on Black Knight's blog indicates that rents and home prices don't always rise or fall in tandem. The company says comparing tren...
Wed, Dec 2 2020, 3:08 PM
The Department of Housing and Urban Development (HUD) has published its 2021 Forward Mortgage Limits for FHA loans. The FHA limits are based on the Fe...
Wed, Dec 2 2020, 8:08 AM
There was the usual disruption to mortgage application activity during the Thanksgiving holiday week that ended November 27, although the volume, espe...
Tue, Dec 1 2020, 11:39 AM
Total construction spending in October was at a seasonally adjusted annual rate of $1.439 trillion according to U.S. Census Bureau estimates. This was...
Tue, Dec 1 2020, 10:44 AM
That the rapid rise in home prices since spring is setting near decade long highs was confirmed again this week , this time by CoreLogic. The company ...
Mon, Nov 30 2020, 11:22 AM
The Federal Housing Finance Agency (FHFA) has released the new conforming loan limits which will be in place next year for mortgages acquired by the G...
Mon, Nov 30 2020, 11:12 AM
While this COVID-19 positive year has certainly been an exception, spring is usually considered the optimum time , on both sides of the transaction, t...
Mon, Nov 30 2020, 10:44 AM
Pending home sales, which ended a four-month streak of gains in September with a 2.2 percent decline, slipped further in October. The National Associa...
Fri, Nov 27 2020, 9:17 AM
Despite a second consecutive modest weekly increase , the number of loans in forbearance continue to trend well below those at the peak of the COVID-1...
Wed, Nov 25 2020, 11:47 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 25.7 percent in October compared to a 17.5 percent...
Wed, Nov 25 2020, 11:25 AM
Sales of newly constructed single-family homes slipped slightly in October; the second month sales have declined. The U.S. Census Bureau and Departmen...
Wed, Nov 25 2020, 9:21 AM
Refinancing increased its already overwhelming dominance of the mortgage market during the week ended November 20. The Mortgage Bankers Association (M...
Tue, Nov 24 2020, 11:14 AM
Annual price increases in September were quite literally off the charts . Both the S&P CoreLogic Case-Shiller National Index and the Housing Market In...
Mon, Nov 23 2020, 1:39 PM
A recent survey by Lending Tree found that nearly half of Americans are thinking about moving in the not-to-distant future and it appears that the COV...
Mon, Nov 23 2020, 10:07 AM
Black Knight, in its "first look" at the month's loan data, says that mortgage delinquencies improved for the fifth consecutive month in October. The ...
Fri, Nov 20 2020, 12:07 PM
The forbearance plan rolls expanded slightly over the past week, reversing two weeks of falling numbers. Black Knight said the total of loans in appro...
Thu, Nov 19 2020, 5:27 PM
Ellie Mae said the interest rate across all closed loans dropped below 3 percent for the first time in the nine years the company has been tracking th...
Thu, Nov 19 2020, 5:24 PM
The Federal Housing Finance Agency (FHFA) has reached another milestone as it tries to resolve the 12-year conservatorship of the GSEs. On Wednesday i...
Thu, Nov 19 2020, 11:10 AM
The hot home sales market continued unabated in October. The National Association of Realtors® (NAR) reports that existing home sales grew for the fif...
Wed, Nov 18 2020, 3:18 PM
Freddie Mac has published research examining the characteristics of borrowers who took advantage of the availability of forbearance plans in the early...
Wed, Nov 18 2020, 3:16 PM
Residential construction data for October was mixed. The U.S. Census Bureau and Department of Housing and Urban Development reported that the rate of ...
Wed, Nov 18 2020, 9:06 AM
The Mortgage Bankers Association's (MBA's) November 2020 economic forecast ups the ante from its rosy October version. Its revisions are due to the st...
Wed, Nov 18 2020, 9:03 AM
Despite a healthy upward bump in purchase applications, overall mortgage volume declined last week. The Mortgage Bankers Association (MBA) said its Ma...
Tue, Nov 17 2020, 11:54 AM
For the third straight month the level of builder confidence in the new home market set a record high . The National Association of Home Builders (NAH...
Fri, Nov 13 2020, 11:13 AM
The National Association of Realtors® (NAR) said on Thursday that home prices have continued to grow in each of the 181 areas it tracks for its quarte...
Fri, Nov 13 2020, 10:46 AM
The number of COVID-19 related forbearances plans headed downhill at an increasing pace over the last few week although there is no guarantee the impr...
Fri, Nov 13 2020, 10:43 AM
Mortgage applications , especially for home purchases, pulled back from the previous week's level. The Mortgage Bankers Association (MBA) said its Mar...
Thu, Nov 12 2020, 11:08 AM
Tried and true has won out over shiny and new, at least when it comes to GSE credit scoring. And at least for the moment. The Federal Housing Finance ...
Thu, Nov 12 2020, 10:59 AM
There was apparently a certain profile of home buyers before the pandemic struck and a different one after it began. The National Association of Realt...
Tue, Nov 10 2020, 12:25 PM
Extremely serious delinquencies, those loans 150 days or more past due, reached historically high levels in August. Five months into the COVID-19 cris...
Tue, Nov 10 2020, 12:22 PM
After its third straight month of gains, Fannie Mae's Home Purchase Sentiment Index (HPSI) is now at 81.7, up 0.7 point from September. The October in...
Fri, Nov 6 2020, 10:15 AM
Another round of expirations reduced the number of active forbearance plans last week. Black Knight said the number of homeowners in COVID-19 related ...
Wed, Nov 4 2020, 8:15 AM
An increase in refinancing carried overall applications onto the plus side of the ledger during the week ended October 30. The Mortgage Bankers Associ...
Tue, Nov 3 2020, 10:49 AM
The Urban Institute's (UI's) Housing Finance Policy Center has updated its credit availability index (HCAI) to reflect data for the second quarter of ...
Tue, Nov 3 2020, 10:27 AM
CoreLogic's estimate of the annual home price appreciation in September is not nearly as high as that published yesterday (over 14 percent) by Black K...
