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...
Wed, Nov 6 2019, 11:08 AM
It may come as a surprise to some, but the Census Bureau says the housing cost burden for homeowners has been getting lighter. The Bureau's American C...
Wed, Nov 6 2019, 8:25 AM
Mortgage activity was little changed during the week ended November 1 as interest rates continued to bounce around. The Mortgage Bankers Association (...
Mon, Nov 4 2019, 11:44 AM
Apple has joined other high-tech giants in a commitment to help alleviate a problem partially of their own making. On Monday, the Cupertino, Californi...
Mon, Nov 4 2019, 8:23 AM
While mortgage performance continues to be the best in many years , with the national delinquency rate down to 3.53 percent and record low foreclosure...
Mon, Nov 4 2019, 8:08 AM
Total expenditures on construction in the U.S. moved slightly higher in September but is lagging behind year-earlier figures. The annual losses are co...
Fri, Nov 1 2019, 8:25 AM
Freddie Mac's end-of-the-month forecast for October was exceptionally brief, perhaps in recognition that it has all been said before. The economy is s...
Thu, Oct 31 2019, 11:55 AM
Both of the government sponsored enterprises (GSEs) posted strong earnings in the third quarter of the year. Freddie Mac announced comprehensive incom...
Wed, Oct 30 2019, 2:07 PM
The Census Bureau reports that the homeownership rate, while up fractionally in the third quarter of this year compared to Quarter 2, was essentially ...
Wed, Oct 30 2019, 8:33 AM
Mortgage originations in 2019 appear to be headed for their best year since 2007 . Make Fratantoni, chief economist and senior vice president of the M...
Wed, Oct 30 2019, 8:11 AM
Mortgage applications managed a tiny increase during the week ended October 25 even as interest rates moved slightly higher. The Mortgage Bankers Asso...
Tue, Oct 29 2019, 10:30 AM
Pending home sales posted a solid increase for the second straight month in September, more than doubling analysts' expectations. The National Associa...
Tue, Oct 29 2019, 9:48 AM
Rapid price gains, long dominated by cities in the West, appear to be shifting to the Southeast, at least those reflected in the S&P CoreLogic Case-Sh...
Tue, Oct 29 2019, 8:10 AM
The U.S. Departments of Justice (DOJ) and Housing and Urban Development (HUD) issued a joint Memorandum of Understanding (MOU) on Monday setting out t...
Fri, Oct 25 2019, 11:32 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 10.7 percent in September, down from 12.9 percent ...
Thu, Oct 24 2019, 11:00 AM
Homeowners continued to reduce and/or retire their mortgage debt at an accelerated clip in September according to Black Knight's "first look" at the m...
Thu, Oct 24 2019, 10:58 AM
New home sales came in at a respectable seasonally adjusted annual rate of 701,000 in September, down only 0.7 percent from the revised rate of 706,00...
Wed, Oct 23 2019, 11:19 AM
Fannie Mae asked lenders, as part of its third quarter Mortgage Lender Sentiment Survey about their digital transformation efforts. The company says t...
Wed, Oct 23 2019, 11:08 AM
Home price increases slowed appreciably in August. The Federal Housing Finance Agency (FHFA) said its House Price Index (HPI) was up 4.6 percent on an...
Wed, Oct 23 2019, 8:18 AM
Mortgage rates increased last week. Mortgage application activity, however, did not. The Mortgage Bankers Association (MBA) said its Market Composite ...
Tue, Oct 22 2019, 4:37 PM
The Supreme Court has agreed to hear a case challenging the constitutionality of the Consumer Financial Protection Bureau (CFPB). The case "Seila Law ...
Tue, Oct 22 2019, 11:00 AM
Sales of existing homes, which had posted advances in both July and August, fell back in September. The National Association of Realtors® (NAR) said s...
Mon, Oct 21 2019, 11:53 AM
In an early article, we summarized the first part of a new report on America's aging population, especially as related to homeownership, published by ...
Fri, Oct 18 2019, 1:46 PM
More than a quarter of new home purchases in 2018 were financed through non-conventional sources. Data from the Census Bureau's Survey of Construction...
Fri, Oct 18 2019, 11:11 AM
Even though the pace of home building remains below where the industry would like it to be, Fannie Mae says it helped drive residential fixed investme...
Fri, Oct 18 2019, 8:22 AM
The Mortgage Bankers Association (MBA) says it expects that new home sales declined in September relative to August based on a drop in mortgage applic...
Thu, Oct 17 2019, 10:20 AM
After posting some of the best results in a year the previous month, all three construction indicators fell back in September . The U.S. Census Bureau...
