Wed, Apr 10 2019, 8:29 AM
Applications for financing new home purchases were up significantly in March. The Mortgage Bankers Association (MBA) reports that Builder Application ...
Wed, Apr 10 2019, 8:18 AM
The rally in mortgage application volume that sent several of the Mortgage Bankers Association's (MBA's) metrics to recent highs at the end of March f...
Tue, Apr 9 2019, 10:53 AM
CoreLogic says mortgage delinquencies in January were the lowest for that month in 20 years . Meanwhile, in a separate report, they note that non-mort...
Mon, Apr 8 2019, 7:37 PM
A few couple of warm days, the appearance of a few tulips, and wham, homebuyer sentiment goes through the roof. At least the results from the March Na...
Thu, Apr 4 2019, 10:34 AM
Borrowers had a bit of an easier time getting a loan in March, especially those looking for Jumbo products. The Mortgage Bankers Association's (MBA's)...
Wed, Apr 3 2019, 8:10 AM
Borrowers have apparently been paying attention. The 22-basis point drop in mortgage rates per Freddie Mac, the largest one-week decline in more than ...
Tue, Apr 2 2019, 2:50 PM
CoreLogic says its Home Price Index (HPI) for February reflected an increase of 0.7 percent from January to February and that home prices nationwide w...
Tue, Apr 2 2019, 11:25 AM
Last fall the Urban Institute (UI) published a paper asking, "What, if anything, should replace the QM Patch?" Now Laurie Goodman, UI's Vice President...
Mon, Apr 1 2019, 11:25 AM
Total construction spending rose in February however the increase was almost totally in the publicly funded sector. The Census Bureau said total spend...
Mon, Apr 1 2019, 8:28 AM
There are two strong headlines in Black Knight's new Mortgage Monitor . One is that the pool of homeowners for whom a refinance makes sense increased ...
Fri, Mar 29 2019, 12:59 PM
With the third set of new home sales data in 21 days it seems the Census Bureau has caught up from the partial government shutdown. Whether because of...
Fri, Mar 29 2019, 8:20 AM
As the Senate Banking Committee wound up its second day of hearings on Chairman Mike Crapo's (R-ID) outline for housing finance reform the White House...
Thu, Mar 28 2019, 12:00 PM
Facebook, which has been accused recently of everything short of disappearing Jimmy Hoffa, is in more hot water. The U.S. Department of Housing and Ur...
Thu, Mar 28 2019, 11:06 AM
Pending home sales fell again in February. The National Association of Realtors® said its Pending Home Sales Index (PHSI) declined by 1.0 percent comp...
Thu, Mar 28 2019, 8:37 AM
Does the entire housing market need fixing? Senator Mike Crapo thinks so, and he has a gargantuan reform proposal on the table to prove it (covered he...
Wed, Mar 27 2019, 12:08 PM
The balance sheet turned red again for mortgage lenders who reported financial data for the fourth quarter to the Mortgage Bankers Association (MBS). ...
Wed, Mar 27 2019, 11:06 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 3.0 percent in February, growing from 1.2 percent ...
Wed, Mar 27 2019, 8:06 AM
The Mortgage Bankers Association (MBA) credited a strong start to the spring buying season for a big gain in mortgage applications during the week end...
Tue, Mar 26 2019, 2:43 PM
FHA is reversing an earlier decision to remove the rule requiring manual underwriting for mortgages with credit scores below 620 and a ratio of debt t...
Tue, Mar 26 2019, 11:12 AM
The S&P CoreLogic Case-Shiller indices and the Federal Housing Finance Agency's (FHFA's) Housing Price Index paints two different pictures of the hous...
Tue, Mar 26 2019, 10:10 AM
Residential construction numbers continued to see-saw in February. Housing starts were particularly disappointing after their stellar performance in J...
Fri, Mar 22 2019, 12:41 PM
Like virtually all the experts, including those at the Federal Reserve, Freddie Mac's economists have reduced their expectations for economic growth ....
Fri, Mar 22 2019, 11:03 AM
Existing home sales took off like a rocket in February, with strong results in three of the four major regions. The National Association of Realtors® ...
Thu, Mar 21 2019, 10:47 AM
Ellie Mae's Origination Insight Report for February is headlined by both a decrease in closing times and, more significantly, further declines in mort...
Thu, Mar 21 2019, 10:03 AM
Mortgage performance, usually at its best in February and March, because it is assumed that tax refunds allow people to catch up on financial obligati...
Thu, Mar 21 2019, 8:11 AM
Consumer attitudes about buying a home seem to be slowly swinging back to positive . The National Association of Realtors ® , in its Housing Opportuni...
Wed, Mar 20 2019, 11:52 AM
Forecasts of slowing economic growth have been the norm for some time, but it is easy to sense greater confidence lately among those making them. Fann...
Wed, Mar 20 2019, 8:30 AM
One problem solved? Perhaps, but there are always others waiting in line. The National Association of Home Builders (NAHB) asks its new home builder m...
Wed, Mar 20 2019, 8:18 AM
Mortgage rates continued to slide during the week ended March 15 and the volume of mortgage application activity picked up in response. The Mortgage B...
Tue, Mar 19 2019, 11:59 AM
Although lacking in popularity, it appears that automated appraisals have obtained their intended results. Urban Institute (UI) researchers Laurie Goo...
Mon, Mar 18 2019, 10:47 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) held steady in March , after partially recovering from substan...
Fri, Mar 15 2019, 2:04 PM
Nearly 80 percent of America's housing stock is at least 20 years old and twice that share of homes were built 50 or more years ago. With new construc...
Fri, Mar 15 2019, 8:12 AM
Even though the January Census Bureau report on new home sales published on Thursday wasn't all that encouraging for the spring market, the Mortgage B...
Thu, Mar 14 2019, 10:57 AM
It seems like only yesterday that we were looking at the December new home sale numbers - well actually it was 6 days ago. Now we have the January sal...
Thu, Mar 14 2019, 8:11 AM
Folks who follow real estate might be getting a little nervous. Since that category includes almost everyone who owns a home, wants to own a home, or ...
Wed, Mar 13 2019, 12:25 PM
While still far from buoyant, mortgage lenders were a little more upbeat about their expected profit margins and the demand outlook for both purchase ...
Wed, Mar 13 2019, 12:13 PM
Construction spending in ticked up in January to a seasonally adjusted annual rate of $1.280 trillion according to data released by the Census Bureau ...
Wed, Mar 13 2019, 8:19 AM
Overall mortgage application activity resumed an upward trend last week, with another strong showing for purchase volume. The Mortgage Bankers Associa...
Tue, Mar 12 2019, 1:32 PM
Increasing home prices have the additional benefit of reducing mortgage foreclosures according to CoreLogic. The company's Loan Performance Insights r...
Tue, Mar 12 2019, 10:33 AM
Fannie Mae and Freddie Mac (the GSEs) have each issued birth announcements for their long-anticipated Uniform Mortgage-Backed Securities (UMBS). The t...
Fri, Mar 8 2019, 12:35 PM
Permits rose in January, but the headline for the delayed residential construction report from the U.S. Census Bureau and the Department of Housing an...
Fri, Mar 8 2019, 10:48 AM
The National Association of Home Builders (NAHB) has taken a look at the differences between homes constructed within metropolitan statistical areas (...
Thu, Mar 7 2019, 12:50 PM
The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) rose slightly in February. The Index, which measures any tig...
Thu, Mar 7 2019, 11:37 AM
While homeowner equity increased overall during the fourth quarter of 2018, the number of homeowners with negative equity rose for the first time in 1...
Thu, Mar 7 2019, 10:16 AM
Earlier this week CoreLogic reported that the annual rate of appreciation in January, 4.2 percent, was exactly two-thirds the rate in January 2018. Th...
Thu, Mar 7 2019, 10:04 AM
Fannie Mae's Home Purchase Sentiment Index (HPSI), a measure derived from the company's monthly National Housing Survey (NHS), was essentially unchang...
Wed, Mar 6 2019, 8:14 AM
An uptick in mortgage rates was blamed by the Mortgage Bankers Association (MBA) for the first decline in mortgage applications in three weeks. MBA's ...
Tue, Mar 5 2019, 11:51 AM
It is our first glance at home prices in the new year and CoreLogic estimates the rate of appreciation has fallen by more than 2 percentage points sin...
Tue, Mar 5 2019, 10:45 AM
Analysts were not expecting new home sales in December to outpace the strong and surprising gains they made in November, when they jumped 16.9 percent...
Mon, Mar 4 2019, 11:43 AM
The Census Bureau, still playing catch-up from the partial government shutdown , has released its monthly construction spending report for December 20...
