Wed, Jul 24 2019, 8:07 AM
It was another mediocre week for mortgage applications. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage ...
Tue, Jul 23 2019, 11:17 AM
Existing home sales are persistent in their inability to maintain a steady course from month to month. Despite low interest rates and hopes for a stro...
Tue, Jul 23 2019, 10:01 AM
The Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) fell in line with most other indices in May, showing a slowdown in housing price...
Tue, Jul 23 2019, 9:37 AM
The bubble in the mortgage prepayment rate burst in June. Black Knight, in its "first look" at the month's loan performance statistics, said the singl...
Tue, Jul 23 2019, 8:16 AM
Given its press coverage, one would conclude that financial technology (fintech) has all but taken over residential real estate and its financing. How...
Fri, Jul 19 2019, 12:12 PM
The so-called GSE Patch for the Consumer Financial Protection Bureau's (CFPB) 2013 Ability-to-Repay (ATR) and Qualified Mortgage (QM) rule (Rule) is s...
Thu, Jul 18 2019, 8:37 AM
Closing rates for mortgage loans were at the highest level in June since Ellie Mae began collecting the data in 2011. The company, in its June Origina...
Thu, Jul 18 2019, 8:24 AM
There was a huge decline in foreign investment in U.S. real estate during the 12 months ending with the first quarter of 2019. The National Associatio...
Wed, Jul 17 2019, 11:25 AM
The residential construction numbers in June were expected to come in largely in the same neighborhood as in May. Analysts however got it only half ri...
Wed, Jul 17 2019, 8:34 AM
This month marks the tenth anniversary of the current expansion. How much longer can it last? Fannie Mae's July Economics Development report indicates...
Wed, Jul 17 2019, 8:16 AM
Mortgage application activity retreated again during the week ended July 12, although refinancing remained strong. The Mortgage Bankers Association (M...
Tue, Jul 16 2019, 11:25 AM
Builder confidence rose slightly in July. The National Association of Home Builders (NAHB) said its Housing Market Index (HMI), which it sponsors with...
Fri, Jul 12 2019, 11:28 AM
The U.S. Census Bureau recently released a treasure trove of data, its 2018 report on Characteristics of New Housing. The report, based on data collec...
Fri, Jul 12 2019, 10:52 AM
Applications for financing new home purchases slipped in June in spite of the continued easing of mortgage interest rates. The Mortgage Bankers Associ...
Fri, Jul 12 2019, 8:21 AM
The Government National Mortgage Association (Ginnie Mae) is the agency, housed under the Department of Housing and Urban Development, that converts g...
Wed, Jul 10 2019, 8:22 AM
Independence Day played the usual holiday havoc on mortgage applications data, but some trends were maintained. The Mortgage Bankers Association (MBA)...
Tue, Jul 9 2019, 1:59 PM
While it was only a small gain, the June increase in the Mortgage Credit Availability Index (MCAI) was the sixth in a row . The Mortgage Bankers Assoc...
Tue, Jul 9 2019, 10:36 AM
The national delinquency rate declined by another 0.7 percent on an annual basis in April. Mortgage loans that were 30 or more days past due, includin...
Mon, Jul 8 2019, 3:38 PM
Consumers are beginning to buy into the idea that mortgage rates might go down, at least according to responses to the June National Housing Survey (N...
Wed, Jul 3 2019, 12:02 PM
Seven or eight years ago the home sales headline was the entry of big institutional investors into the single-family market. These investors, many of ...
Wed, Jul 3 2019, 8:16 AM
Mortgage application activity during the week ended June 28 was largely unchanged from the week that preceded it. The Mortgage Bankers Association (MB...
Tue, Jul 2 2019, 11:26 AM
The shrinking rate of home price increases that has headlined the price data from most sources for months may have ended, at least according to CoreLo...
Mon, Jul 1 2019, 11:59 AM
Construction spending in May, dipping 0.8 percent compared to April's seasonally adjusted annual rate of $1.304 trillion to $1.294 trillion. On an ann...
Mon, Jul 1 2019, 9:24 AM
May mortgage performance data indicates that the mortgage finance industry might consider shifting priorities for a while. Black Knight, in the curren...
Thu, Jun 27 2019, 3:46 PM
A household's decision between buying a home and renting one is being increasingly determined by its student loan debt and childcare cost burdens acco...
Thu, Jun 27 2019, 10:22 AM
Pending home sales got back on track in May , increasing by 1.1 percent after a 1.5 percent setback in April. The National Association of Realtors® (N...
Wed, Jun 26 2019, 9:44 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 7.5 percent in May , increasing from 6.2 percent t...
Wed, Jun 26 2019, 8:08 AM
The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of loan application volume, managed a seasonally adjusted 1.3 percen...
Tue, Jun 25 2019, 10:51 AM
It was another disappointing month for new home sales , but due entirely to a sharp decline in those sales in the West. The U.S. Census Bureau and the...
Tue, Jun 25 2019, 10:48 AM
The two sets of price indices released on Tuesday diverged again. The S&P CoreLogic Case-Shiller Indices continue to show declining appreciation while...
Tue, Jun 25 2019, 8:21 AM
The annual State of the Nation's Housing report from the Joint Center for Housing Studies (JCHS) at Harvard University is the latest vehicle for sound...
Mon, Jun 24 2019, 11:27 AM
Mortgage prepayment rates have continued to rise as interest rates move lower. Black Knight says prepayments increased by 24.31 percent in May compare...
Fri, Jun 21 2019, 12:59 PM
After the housing crisis and faced with a flood of insurance claims, FHA and the Department of Justice responded with enforcement efforts against lend...
Fri, Jun 21 2019, 11:22 AM
Existing home sales broke out of a two-month slump in May, rising by 2.5 percent compared to April and beating, by a considerable margin, analysts' co...
Thu, Jun 20 2019, 12:03 PM
While the nations delinquency rate declined in March, to 4.0 percent from 4.3 percent a year earlier, CoreLogic notes that 21 states and 166 of the la...
Thu, Jun 20 2019, 10:37 AM
If the rumors about housing in Silicon Valley are true, it is probably hard to recruit new employees if they fear they will have to live in an RV in W...
Thu, Jun 20 2019, 10:17 AM
Freddie Mac is announcing a new loan program to help address the need for affordable housing and encourage the renovation of older homes. The company ...
Thu, Jun 20 2019, 8:30 AM
Loans originated in May carried lower mortgage rates t han the previous month for the 5 th consecutive time according to Ellie Mae's Origination Insig...
Wed, Jun 19 2019, 11:12 AM
The second quarter HOME (Housing Opportunities and Market Experience) survey from the National Association of Realtors® (NAR) appears to indicate that...
Wed, Jun 19 2019, 8:13 AM
Despite appearances, the low-rate spurred rally in mortgage applications reported last week didn't really go "poof" this week. Activity was still stro...
Tue, Jun 18 2019, 10:24 AM
Residential construction figures had been expected to, at a minimum, hold the fort in May after a mixed report in April. While revisions to the April ...
Mon, Jun 17 2019, 6:13 PM
Freddie Mac's forecast for June sees more dark clouds than usual , but few of those are on the housing front. The company's Economic and Housing Resea...
Mon, Jun 17 2019, 11:09 AM
The National Association of Home Builders' (NAHB's) measure of builder confidence broke out of its multi-month slump in May, rising 3 points. Much of ...
Fri, Jun 14 2019, 12:59 PM
Attendees at the Ginnie Mae Summit commemorating the agencies 50 th anniversary on Thursday heard from both Dr. Ben Carson, Secretary of the Departmen...
Fri, Jun 14 2019, 9:08 AM
The House Financial Services Committee (FSC) passed a clutch of bills this week, several of which will assist homebuyers and homeowners. Two directly ...
Thu, Jun 13 2019, 11:30 AM
The Mortgage Bankers Association (MBA) released its regular monthly estimates for new home sales on Thursday and also announced a new initiative to pr...
Thu, Jun 13 2019, 8:14 AM
Lenders are singing a happier tune when it comes to their profit margin outlook with those hopes driven by rising confidence in mortgage demand. The n...
Wed, Jun 12 2019, 8:13 AM
Mortgage access increased in May for the fifth consecutive month. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (...
Wed, Jun 12 2019, 8:08 AM
Mortgage applications soared during the week ended June 7 as interest rates declined further. While applications for home purchases were up, it was re...
Tue, Jun 11 2019, 2:28 PM
The housing crisis put the spotlight, legal and otherwise, on the ways in which home purchases were financed. Financial difficulties weeded out many m...
