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...
Thu, Oct 17 2019, 8:03 AM
The 30-year note rate on closed mortgages fell to 3.93 percent in September, down from 4.07 percent in August, and along with the decline, the ninth i...
Wed, Oct 16 2019, 10:30 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has held in the mid-to-upper 60 range since May, finall...
Wed, Oct 16 2019, 10:01 AM
While a lot of attention is now focused on Millennials, the country is still aging. A new report from the Harvard Joint Center for Housing Studies loo...
Wed, Oct 16 2019, 8:10 AM
Mortgage application volume eked out a slight gain during the week ended October 11 as interest rates became mixed . Purchasing weakened while the vol...
Tue, Oct 15 2019, 8:06 AM
The typical first-time homebuyer may not be who you think he or she is. A new report from Zillow says that rather than the young shopper eager to beco...
Mon, Oct 14 2019, 2:51 PM
While declining interest rates are generally viewed as good news for consumers, they aren't without their negatives. Realtor.com's September housing t...
Fri, Oct 11 2019, 8:31 AM
While home prices have surged back from their housing crisis lows, a report from the National Association of Realtors® (NAR) says homes purchased as v...
Thu, Oct 10 2019, 3:01 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI) has been relatively volatile in recent months, and September was no exception. The Index set back to...
Thu, Oct 10 2019, 8:07 AM
New home prices have been rising since 2012 according to CoreLogic's chief economist Frank Nothaft. Prices in the spring of 2019 were up 2 percent com...
Wed, Oct 9 2019, 8:02 AM
Declining interest rates made for another strong week for mortgage applications . The Mortgage Bankers Association (MBA) said its Market Composite Ind...
Tue, Oct 8 2019, 11:13 AM
Ease of access to jumbo mortgage loans drove the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index higher in September. The In...
Tue, Oct 8 2019, 10:36 AM
Wow, maybe they really mean it this time. The Federal Housing Finance Agency (FHFA) has issued a request for proposals from contractors who would deve...
Tue, Oct 8 2019, 8:15 AM
One western city has decided to tackle the housing affordability crisis head-on. According to NPR, Reno, Nevada has approved a plan to construct 1,000...
Mon, Oct 7 2019, 10:08 AM
Even with home prices in most areas now well above their pre-Great Recession highs, affordability is not terribly low by historic measures. Black Knig...
Thu, Oct 3 2019, 4:46 PM
The time to build a single-family home, from pulling the permit to hauling away the construction debris, increased slightly in 2018 compared to the pr...
Thu, Oct 3 2019, 10:51 AM
Homeowners often hope that a remodeling project will pay them back in monetary terms - perhaps energy savings or increased home value - but a new repo...
Wed, Oct 2 2019, 8:04 AM
The volume of mortgage applications rebounded sharply last week as homeowners rushed to refinance in response to another drop in mortgage rates. The M...
Tue, Oct 1 2019, 5:27 PM
Overall construction spending has been virtually static for much of the year. The Census Bureau reported on Tuesday that it had risen by 0.1 percent f...
Tue, Oct 1 2019, 11:59 AM
Home prices remained stable in August, at least as reported by CoreLogic. The company's Home Price Index (HPI) increased 3.6 percent compared to the H...
Tue, Oct 1 2019, 10:56 AM
Despite expecting an economic slowdown as reflected in the gross domestic product (GDP), Freddie Mac published a pretty upbeat September forecast as t...
Tue, Oct 1 2019, 8:16 AM
The open floor plan continues to be the most popular type of living space among potential recent and potential homebuyers, especially younger ones, ac...
Mon, Sep 30 2019, 2:56 PM
On Monday the government slightly loosened the leash on which it has held the two government sponsored enterprises (GSEs) for more than 11 years . In ...
Fri, Sep 27 2019, 9:26 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.9 percent in August , increasing from 6.3 perce...
Thu, Sep 26 2019, 10:16 AM
Pending home sales resumed their upward trajectory in August after declining 2.5 percent in July, making for positive results in three of the last fou...
Wed, Sep 25 2019, 10:37 AM
New home sales in August reclaimed part of July's sharp loss. The Census Bureau and Department of Housing and Urban Development said sales nationwide ...
Wed, Sep 25 2019, 8:06 AM
Although changes in mortgage rates were gradual and mixed during the week ended September 20, mortgage volume moved sharply lower. Refinancing was esp...
Tue, Sep 24 2019, 10:18 AM
Both the S&P CoreLogic Case-Shiller indices and the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) were released on Tuesday. The Ca...
Mon, Sep 23 2019, 5:58 PM
Foreclosure starts hit an 18-year low in August and were down 23 percent compared to the previous August. Black Knight, in its First Look at August lo...
Mon, Sep 23 2019, 11:46 AM
The good news from a new National Association of Realtors® (NAR) survey is that a large majority of respondents think it is a good time to buy a home....
Fri, Sep 20 2019, 11:22 AM
Total home equity, not surprisingly, increased again in the second quarter of the year. CoreLogic's quarterly Homeowner Equity Insights report, which ...
Fri, Sep 20 2019, 8:24 AM
Thirty-year mortgage loans closed in August carried an average interest rate of 4.07 percent according to Ellie Mae's Origination Insight Report. Rate...
Thu, Sep 19 2019, 11:17 AM
While the increase wasn't as strong as in July, last month's existing home sales posted a second straight month of gains and, as previously, the Natio...
Thu, Sep 19 2019, 8:38 AM
Fannie Mae says consumer spending will continue to support the economy. The company's Economic Summary for September cites increases in auto and retai...
Wed, Sep 18 2019, 10:23 AM
August turns out to have been among the year's strongest periods for residential construction. While analysts had expected builders to shake off some ...
Wed, Sep 18 2019, 8:10 AM
There was a jump in purchase mortgage applications during the week ended September 14 even as interest rates moved higher. The Mortgage Bankers Associ...
Tue, Sep 17 2019, 11:20 AM
The Mortgage Bankers Association (MBA) is anticipating an increase in new home sales in August. The organization's Builder Application Survey found th...
Tue, Sep 17 2019, 10:41 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) increased 1 point in September. Along with an upward revision ...
Fri, Sep 13 2019, 10:08 AM
The California Building Industry Association (CBIA) is calling the Trump Administration tariffs the "perfect storm" for the state's already troubled h...
Thu, Sep 12 2019, 11:35 AM
The Mortgage Bankers Association (MBA) says its Mortgage Credit Availability Index (MCAI) suffered its largest decline in eight months in August. The ...
Thu, Sep 12 2019, 8:18 AM
Mortgage application fraud declined in the second quarter of this year. CoreLogic's report on the incidence says that one out of every 123 mortgage ap...
Wed, Sep 11 2019, 10:35 AM
Mortgage lenders reflected a lot of optimism about their business prospects in the third quarter Mortgage Lender Sentiment Survey conducted by Fannie ...
