Thu, Dec 19 2019, 11:32 AM
Existing home sales fell back again in November, erasing most of October's 1.9 percent gain. Sales have now declined in two of the last three months ....
Wed, Dec 18 2019, 8:08 AM
The volume of mortgage applications retreated this past week, giving back most of the gains scored during the week ended December 6 following the Than...
Tue, Dec 17 2019, 10:37 AM
The numbers for November residential construction permits and housing starts came in higher than expected , marking the second straight month of incre...
Mon, Dec 16 2019, 10:41 AM
Home builders ended the year with an apparent outbreak of euphoria. Responding to higher trending sales and low interest rates they sent the National ...
Fri, Dec 13 2019, 11:57 AM
Lenders responding to Fannie Mae's Q4 2019 Mortgage Lender Sentiment Survey ® didn't have as bright an outlook for their future profit margins as in t...
Fri, Dec 13 2019, 8:14 AM
According to Dr. Frank Nothaft, chief economist for CoreLogic, "Ten years ago, during the depths of the Great Recession, more than 11 million homeowne...
Thu, Dec 12 2019, 10:06 AM
While the Mortgage Bankers Association (MBA) is predicting newly constructed homes sold at a much higher rate in November than they did a year earlier...
Wed, Dec 11 2019, 1:26 PM
The National Association of Realtors (NAR) used the occasion of a summit headed by Secretary of Housing and Urban Development Ben Carson to release it...
Wed, Dec 11 2019, 8:41 AM
Mortgage applications activity recovered strongly during the week ended December 6 after the usual Thanksgiving week lull. The Mortgage Bankers Associ...
Tue, Dec 10 2019, 10:55 AM
After a steep dive in October, America's attitude toward buying a home is on the rise again. Positive answers to the question of whether it is a good ...
Mon, Dec 9 2019, 1:11 PM
The Federal Housing Administration (FHA) released its annual Report to Congress several weeks ago, reporting significant improvement in its Mutual Mor...
Mon, Dec 9 2019, 9:49 AM
Black Knight continues to review, in its new Mortgage Monitor , how the effects of nearly a year of lower interest rates have ricocheted throughout th...
Fri, Dec 6 2019, 11:56 AM
For many years homebuyers looking for homes priced above entry level employed every device they could to keep their loan amount below whatever might b...
Thu, Dec 5 2019, 1:13 PM
After slowing for 17 months, home price gains rose 3.8 percent in July and then held nearly flat in August according to Black Knight's Home Price Inde...
Thu, Dec 5 2019, 10:35 AM
The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) moved significantly higher in November, gaining 2.1 percent compa...
Wed, Dec 4 2019, 2:43 PM
Federal Housing Administration (FHA) Commissioner Brian D. Montgomery has announced the loan limits for FHA forward mortgages in 2020. The limits are ...
Wed, Dec 4 2019, 12:40 PM
There is widespread industry concern that new homes and apartment buildings are not being constructed fast enough to keep up with demand and now the N...
Wed, Dec 4 2019, 9:14 AM
Mortgage activity during the week ended November 29 was predictably impacted by the Thanksgiving Day holiday which effectively shortened the business ...
Tue, Dec 3 2019, 1:54 PM
The Federal Housing Finance Agency (FHA) had to be bailed out by the U.S. Treasury during the financial crisis after its Mutual Mortgage Insurance Fun...
Tue, Dec 3 2019, 11:13 AM
Home prices increased on an annual basis by 3.5 percent in October according to CoreLogic's Home Price Index (HPI). The index rose 0.2 percent from th...
Mon, Dec 2 2019, 12:05 PM
The nation's total spending on construction projects was at a seasonally adjusted annual rate of $1.291 trillion in October, 1.1 percent higher than a...
Mon, Dec 2 2019, 10:07 AM
We started this piece by noting that Freddie Mac's economists wrapped up November in an unusually brief summary. Then we realized we had said almost e...
Wed, Nov 27 2019, 2:51 PM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 3.0 percent in October, down from 10.7 percent the...
Wed, Nov 27 2019, 10:13 AM
Pending home sales slipped in October after two months of solid gains. The National Association of Realtors® (NAR) said its Pending Home Sale Index (P...
Wed, Nov 27 2019, 8:11 AM
Joel Kan, Associate Vice President of Economic and Industry Forecasting for the Mortgage Bankers Association (MBA) says low rates are continuing to ke...
Tue, Nov 26 2019, 11:55 AM
The conforming loan limit for most of the U.S. will, quite predictably, move higher on January 1. The Federal Housing Finance Agency announced on Tues...
Tue, Nov 26 2019, 10:56 AM
The headline for the new home sales report for October was the year-over-year increase in sales. While sales of newly constructed homes were actually ...
Tue, Nov 26 2019, 10:28 AM
While it is only incremental, home price increases appear to have stopped decelerating and are again creeping slowly upward . Both the S&P CoreLogic C...
Mon, Nov 25 2019, 1:04 PM
Mortgage prepayments continued unabated in October, even though interest rates rose during the month. In its "first look" at October loan performance ...
Fri, Nov 22 2019, 11:44 AM
Apparently it is time to shift our total attention from the Millennial generation. A new survey from Freddie Mac introduces the housing hopes and drea...
Fri, Nov 22 2019, 8:06 AM
Lower interest rates translated to higher volume in the third quarter of the year, giving mortgage companies their highest profits in seven years. The...
Thu, Nov 21 2019, 11:24 AM
Existing-home sales got back on track in October, partially recovering from a 2.2 percent slip in September that ended a two-month winning streak. The...
Thu, Nov 21 2019, 10:50 AM
The boom continued in October as more than half of the loans closed during the month were for refinancing . According to Ellie Mae's Origination Insig...
Wed, Nov 20 2019, 10:48 AM
Mortgage brokers have apparently reclaimed both their reputations and their market share in recent years according to Archana Pradhan, a risk manageme...
Wed, Nov 20 2019, 9:58 AM
Applications for mortgages to purchase newly constructed homes surged in October and the Mortgage Bankers Association (MBA) is expecting that sales wi...
Wed, Nov 20 2019, 8:09 AM
Despite the Veterans' Day holiday which shortened the work week of November 15, purchase mortgage applications gained momentum. The Mortgage Bankers A...
Tue, Nov 19 2019, 1:31 PM
Fannie Mae's economists are predicting that economic growth will slow significantly in the fourth quarter to 1.6 percent. This downward revision howev...
Tue, Nov 19 2019, 10:04 AM
All three of the residential construction measures tracked by the U.S. Census Bureau and the Department of Housing and Urban Development roared back i...
Mon, Nov 18 2019, 2:03 PM
Home builder confidence fell back slightly this month, declining by 1 point to 70 in the National Association of Home Builders (NAHB)/Wells Fargo Hous...
Mon, Nov 18 2019, 11:54 AM
FHA loans posted a substantial decline in delinquencies during the third quarter, leading an overall improvement in loan performance. The Mortgage Ban...
Mon, Nov 18 2019, 10:12 AM
The Consumer Financial Protection Bureau (CFPB) has issued an Interpretive Rule for one type of loan originator licensing. The Secure and Fair Enforce...
Thu, Nov 14 2019, 4:59 PM
Look closely and you will see that a lack of new home construction is behind almost every problem facing housing today. Residential construction has s...
Wed, Nov 13 2019, 8:35 AM
Access to government loans continues to decline, but conventional and jumbo loans picked up the slack in October, pushing the Mortgage Credit Availabi...
Wed, Nov 13 2019, 8:26 AM
Once again the "Good Time to Buy" component of Fannie Mae's Home Purchase Sentiment Index (HPSI) is on the decline. Net positive answers to that quest...
Wed, Nov 13 2019, 8:07 AM
The Mortgage Bankers Association (MBA) said application activity during the week ended November 8 was the strongest since late September , with both p...
Tue, Nov 12 2019, 11:10 AM
A securities expert told an audience at the National Association of Realtors' (NAR's) annual conference that cybercrimes against real estate agents an...
Fri, Nov 8 2019, 2:01 PM
One year after hitting a ten-year low, housing affordability has risen to its highest level in three years. Rose Quint, writing in the National Associ...
Fri, Nov 8 2019, 12:12 PM
The share of first-time buyers remains well below historic levels according to the National Association of Realtors' ® (NAR's) 2019 Profile of Home Bu...
Fri, Nov 8 2019, 8:04 AM
The storm is over, the fires are out, but anyone who has survived a natural disaster, and that is more of us every year, knows that the problems are j...
Thu, Nov 7 2019, 11:29 AM
Are home price increases cranking up again? The quarterly report from the National Association of Realtors® (NAR) on existing home sales and metropoli...
