Wed, Mar 11 2020, 8:41 AM
Following a full committee hearing on Tuesday morning that featured Charles W. Scharf, Chief Executive Officer (CEO) and President of Wells Fargo & Co...
Wed, Mar 11 2020, 8:19 AM
There was a nearly incomprehensible surge in mortgage applications during the week ended March 6 as mortgage rates hit near record lows. According to ...
Tue, Mar 10 2020, 8:46 AM
Only one of the six components of Fannie Mae's Home Purchase Sentiment Index (HPSI) posted a net gain in February, but the increase in the numbers of ...
Fri, Mar 6 2020, 10:28 AM
The National Association of Realtors® (NAR) said its latest study on generational trends in homeownership has found that some homebuying characteristi...
Wed, Mar 4 2020, 8:33 AM
Interest rates fell along with the stock market last week as fears about the economic impact of COVID-19 sent investors fleeing to the safety of U.S. ...
Tue, Mar 3 2020, 11:01 AM
Home prices nationwide accelerated on an annual basis by 4.0 percent in January according to CoreLogic's Home Price Index (HPI). Annual appreciation h...
Tue, Mar 3 2020, 8:22 AM
Privately funded construction gained 1.5 percent month-over-month, from a seasonally adjusted $1.008 trillion in December to $1.023 trillion in Januar...
Mon, Mar 2 2020, 11:34 AM
With Freddie Mac's average rate for 30-year fixed-rate mortgages (FRM) hitting 3.45 percent late last week. Black Knight estimates, in its current Mor...
Mon, Mar 2 2020, 8:39 AM
Some time ago, Freddie Mac's Economic and Housing Research Group raised an alarm over a housing shortage , calling it a crisis and estimating that the...
Fri, Feb 28 2020, 12:09 PM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 4.3 percent in January , a substantial change from...
Fri, Feb 28 2020, 11:37 AM
A recent post on the Urban Institute's (UI's) Urban Wire blog focuses on some overlooked data on FHA's Home Equity Conversion Mortgage (HECM) program....
Thu, Feb 27 2020, 10:19 AM
Pending home sales bounced back last month after an unexpectedly dismal performance ended the prior year. The National Association of Realtors ® said ...
Wed, Feb 26 2020, 11:12 AM
New home sales had ended 2019 in a much stronger fashion than they had started the year. December sales were at an annual rate of 708,000 (a revision ...
Wed, Feb 26 2020, 8:25 AM
There was a new round of interest rate cuts during the week ended February 21, but consumers largely ignored the additional potential for refinancing....
Tue, Feb 25 2020, 11:04 AM
Both the S&P CoreLogic Case-Shiller home price indices and the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) for December provide ...
Mon, Feb 24 2020, 12:20 PM
Builders are finding that acquisition, development, and construction (ADC) loans in the last half of 2019 were both easier to access and less costly. ...
Fri, Feb 21 2020, 11:12 AM
If it's January it must mean fewer home sales. That, at least, has been the recent pattern according to National Association of Realtors (NARs). Exist...
Fri, Feb 21 2020, 9:49 AM
Tighter underwriting and a strong economy seemingly continue to be reflected in mortgage loan performance. In its "first look" at January loan data, B...
Fri, Feb 21 2020, 9:32 AM
The Mortgage Bankers Association (MBA) said information from its January Builder Application Survey shows applications to finance new home purchases s...
Thu, Feb 20 2020, 10:20 AM
The slight drop in mortgage rates in January stabilized refinance originations according to the January Origination Insight Report from Ellie Mae. The...
Wed, Feb 19 2020, 10:53 AM
Residential construction data was mixed at the kick-off of the new year. Permits increased significantly while both housing starts and completions pul...
Wed, Feb 19 2020, 8:34 AM
Mortgage loan applications submitted during the week ended February 14 declined for the first time since mid-January. The Mortgage Bankers Association...
Tue, Feb 18 2020, 3:33 PM
Fannie Mae says the U.S. economy appears to be sustaining itself despite both the problems faced by Boeing and the fears about the global impact of th...
Tue, Feb 18 2020, 10:40 AM
Builder confidence dipped a notch in February but still remains at elevated levels. The National Association of Home Builders (NAHB) says its Housing ...
Fri, Feb 14 2020, 8:14 AM
Both of the government sponsored enterprises (GSEs) posted strong earnings for the fourth quarter of 2019 as well as for the entire year. They are now...
Thu, Feb 13 2020, 11:03 AM
The 2021 Federal Budget prepared by the White House is given little chance of passing Congress but there are a couple of provisions buried in the hund...
Thu, Feb 13 2020, 8:18 AM
The fourth quarter report on mortgage delinquencies from the Mortgage Bankers Association (MBA) continues to show problem loans at historically low le...
Thu, Feb 13 2020, 8:16 AM
Inventory issues remain a major concern and are pushing home prices in urban America still higher. The National Association of Realtors'® (NAR's) quar...
Wed, Feb 12 2020, 8:15 AM
Applications for mortgage financing increased again during the week ended February 7 despite a significant decline in those for home purchases. The Mo...
Tue, Feb 11 2020, 3:45 PM
Renters questions in a new Freddie Mac survey expressed a rather unfortunate misconception . In its new Profile of Today's Renter and Owner , the comp...
Tue, Feb 11 2020, 3:40 PM
It seems as though legalized marijuana is said to be good for almost everything. Now a new study from the National Association of Realtors (NAR) has a...
Mon, Feb 10 2020, 11:01 AM
Last Friday's January Employment Situation report from the Bureau of Labor Statistics was a good one; total payroll employment increased by 225,000, b...
Fri, Feb 7 2020, 3:37 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI) is on a roll. The company's index, based on some of the results from Fannie Mae's National Housing S...
Fri, Feb 7 2020, 12:37 PM
It seems every data source in the housing industry has its own definition of affordability, most using a mortgage payment to income ratio based on med...
Thu, Feb 6 2020, 4:42 PM
The availability of mortgage credit declined slightly last month. The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) ...
Wed, Feb 5 2020, 11:37 AM
The Urban Institute (UI) says the five government mortgage lenders and their various ways of accounting for income-driven repayment (IDR) plans are in...
Wed, Feb 5 2020, 8:13 AM
Mortgage application volume continues to benefit from lower interest rates. The Mortgage Bankers Association (MBA) said today that its Market Composit...
Tue, Feb 4 2020, 2:26 PM
Almost 200 senior mortgage lenders told Fannie Mae about their plans to both acquire and keep customers through the company's Fourth Quarter Mortgage ...
Tue, Feb 4 2020, 10:15 AM
Home price increases, as measured by CoreLogic's Home Price Index (HPI) continued to pick up speed in December on an annual basis. However, they pulle...
Mon, Feb 3 2020, 12:44 PM
Total construction spending ended 2019 down slightly from the prior year. The U.S. Census Bureau said the total value of construction, both public and...
Mon, Feb 3 2020, 10:22 AM
Black Knight, it the current edition of its Mortgage Monitor covering December mortgage performance data, writes an epitaph for slowing home price app...
Fri, Jan 31 2020, 6:43 PM
The homeownership rate seems stubbornly stuck only a few percentage points from where it bottomed out in the second quarter of 2016. The U.S. Census B...
Thu, Jan 30 2020, 12:05 PM
In the throes of the housing crisis, it sometimes seemed as though FHA was the only way to finance a home purchase , especially for those with less th...
Thu, Jan 30 2020, 8:51 AM
Homeownership is apparently still one of the best ways to build wealth. The Year-End Home Sales Report from ATTOM Data Solutions shows that the typica...
Wed, Jan 29 2020, 10:35 AM
December's pending home sales erased the small gain posted in November and the National Association of Realtors' (NAR's) Pending Home Sales Index (PHS...
Wed, Jan 29 2020, 8:14 AM
Refinancing continues to dominate mortgage activity, spurred by another dip in mortgage rates. The Mortgage Banker Association (MBA) said the volume o...
Tue, Jan 28 2020, 11:39 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 15.2 percent in December, a substantial change fro...
Tue, Jan 28 2020, 10:42 AM
The recent re-acceleration of home price gains continued in November. The S&P CoreLogic Case-Shiller U.S. National Home Price Index which covers all n...
Mon, Jan 27 2020, 10:58 AM
A lot of expectations and optimism were probably dashed by the December report on new home sales from the Census Bureau and Department of Housing and ...
Fri, Jan 24 2020, 9:44 AM
Paying bills on time is about to become more important for American consumers, and this as their debt levels are reaching new highs. Fair Isaac Corpor...
