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...
Tue, Jun 27 2023, 1:16 PM
Last month’s sales of newly constructed single-family homes rose to the highest level since February 2022. The report from the U.S. Census Bureau an...
Thu, Jun 22 2023, 2:40 PM
The reality of the home sales market is in the eye of the beholder these days and the just-released Existing Home Sales report doesn't shed much light...
Wed, Jun 21 2023, 8:27 AM
The Mortgage Bankers Association (MBA) said home purchase activity increased last week, allowing for a small gain in its Market Composite Index. That ...
Tue, Jun 20 2023, 3:05 PM
Although the New Residential Construction report released by the Census Bureau has notoriously wide margins of error, it's rare to see numbers like to...
Wed, Jun 14 2023, 9:50 AM
The volume of mortgage applications posted the first gain since May 5, aided by lower interest rates and the usual post-holiday week bounce. The Mortg...
Wed, Jun 7 2023, 10:07 AM
The four-day business week accompanying the Memorial Day Holiday contributed to a further slowdown in mortgage applications. The Mortgage Bankers Asso...
Wed, May 31 2023, 8:33 AM
Rising rates and sparse inventories continue to hamper the mortgage market. The Mortgage Bankers Association (MBA) said its Market Composite Index, a...
Tue, May 30 2023, 11:57 AM
One of the major home price indices showed a continued increase in national home prices in March and less waffling in some local markets. A second i...
Thu, May 25 2023, 11:48 AM
The number of contracts to purchase pre-owned homes was unchanged in April. The National Association of Realtors® (NAR) said its Pending Home Sales ...
Wed, May 24 2023, 8:35 AM
The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, decreased 4.6 percent on a seas...
Thu, May 18 2023, 3:04 PM
Existing home sales account for the lion's share of all home sales in the U.S. Unlike "New Home Sales," this data series tracks previously sold homes...
Wed, May 17 2023, 11:39 AM
The April Residential Construction Report from the U.S. Census Bureau and the Department of Housing and Urban Development shows mixed results in April...
Wed, May 17 2023, 9:51 AM
The volume of mortgage applications, which had risen by more than 6 percent the prior week lost nearly all those gains during the week ended May 12. T...
Tue, May 16 2023, 2:25 PM
Home builders’ attitudes about the market for newly constructed homes continued to improve in May, partially due to the lack of available pre-owned ho...
Wed, May 10 2023, 8:24 AM
The volume of mortgage applications increased last week for both home purchases and refinancing. The Mortgage Bankers Association (MBA) said its Marke...
