Mon, May 20 2019, 10:06 AM
Freddie Mac's May Forecast continues to look for a downward trending interest on the 30-year fixed-rate mortgage. The company's economists are project...
Fri, May 17 2019, 8:09 AM
Refinancing held on to a 35 percent share of mortgage originations in April according to the Origination Insight Report from Ellie Mae as the 30-year ...
Thu, May 16 2019, 12:42 PM
Applications for new home purchases jumped 15.6 percent in April compared to a year ago and were 3.0 percent higher than in March. The Mortgage Banker...
Thu, May 16 2019, 9:59 AM
There was a small gain in residential construction permitting in April while housing starts rose strongly , both reversing their unexpected declines i...
Wed, May 15 2019, 10:42 AM
New home builders finally got a little wind under their wings this month. The National Association of Home Builders (NAHB) said its NAHB/Wells Fargo H...
Wed, May 15 2019, 10:09 AM
Delinquency rates popped up in the first quarter, pushing the percentage of mortgage loans that were behind by at least one payment up 36 basis points...
Wed, May 15 2019, 9:55 AM
The National Association of Home Builders (NAHB) is seeing some softening in the residential remodeling sector. Carmel Ford noted in an article in NAH...
Wed, May 15 2019, 8:05 AM
One week after posting the first positive results in five weeks, mortgage application activity fell off again. The Mortgage Bankers Association (MBA) ...
Tue, May 14 2019, 11:38 AM
According to Lawrence Yun, chief economist for the National Association of Realtors® (NAR), a typical homeowner in the U.S. saw his or her housing wea...
Tue, May 14 2019, 10:42 AM
With mortgage delinquencies continuing to be at historic lows, CoreLogic points to natural disasters as a significant cause of the slight deterioratio...
Mon, May 13 2019, 5:27 PM
Declining property values, while modest and localized, may be taking a toll on homeowner safety margins. ATTOM Data Solutions has released its first q...
Thu, May 9 2019, 12:09 PM
Condominium loans represent only about 8 percent of total mortgages, a share that has remain fairly stable for several years. However, CoreLogic says ...
Thu, May 9 2019, 10:35 AM
A big jump in jumbo loan lending drove an increase in mortgage credit availability in April. The Mortgage Bankers Association's Mortgage Credit Availa...
Thu, May 9 2019, 8:11 AM
Just days after Ginnie Mae issued a Request for Input seeking advice on ways to tighten its regulations in regard to VA loans, it appears the governme...
Wed, May 8 2019, 11:30 AM
Freddie Mac periodically looks at how and from where homebuyers are managing to acquire their down payments and they did so , particularly first-timer...
Wed, May 8 2019, 8:16 AM
Even though mortgages rates have declined over the last several months, consumers remain bearish about buying a home. Fannie Mae said net positive res...
Wed, May 8 2019, 8:11 AM
Freddie Mac is undertaking a new initiative designed to align the servicing process to a more customer service focus, especially for distressed homeow...
Wed, May 8 2019, 8:06 AM
After four straight weeks of declines, mortgage application activity finally gained ground during the week ended May 3. The Mortgage Bankers Associati...
Tue, May 7 2019, 10:52 AM
Home price growth continued to slow on an annual basis in March. The CoreLogic Home Price Index (HPI) shows home prices increased from the previous Ma...
Mon, May 6 2019, 8:44 AM
Prepayment rates historically tend to increase in the spring, but this year they have been exceptionally high. The rate has risen during March in 18 o...
Fri, May 3 2019, 1:10 PM
Ginnie Mae has issued a formal request for input regarding changes to its II Multi-Issuer Program (GII MIP). That program represents almost a third of...
Thu, May 2 2019, 5:21 PM
The government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac released their first quarter financial results on Wednesday. Both had slightly ...
Wed, May 1 2019, 12:20 PM
Publicly and privately funded construction put in place in March had an estimated value of $1.282 trillion on a seasonally adjusted annual basis. This...
Wed, May 1 2019, 8:14 AM
Despite a decline in interest rates, mortgage volume took a significant hit during the week ended April 26. The Mortgage Bankers Association (MBA) rep...
Tue, Apr 30 2019, 4:55 PM
Freddie Mac's April economic forecast focuses on interest rates and their impact on housing as the company's Economic & Housing Research Group revises...
Tue, Apr 30 2019, 10:44 AM
The S&P CoreLogic Case-Shiller Indices for February continue to show a slowdown in home price gains on a year-over-year basis although all of the mont...
Tue, Apr 30 2019, 10:10 AM
Pending home sales posted a second solid performance in 2019 , with home purchase contract signings in March recovering from their slight dip in Febru...
Tue, Apr 30 2019, 8:13 AM
CoreLogic says that, while the incidence of mortgage fraud has remained relatively stable in recent quarters, income fraud remains a growing problem. ...
Mon, Apr 29 2019, 10:28 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 8.0 percent in March, growing from 3.0 percent the...
Fri, Apr 26 2019, 10:06 AM
Both homeownership and vacancy rates were essentially unchanged in the first quarter of this year according to data released on Thursday by the U.S. C...
Thu, Apr 25 2019, 2:13 PM
Home flipping, buying a property with the intent to sell it in a short period of time at a profit, is more popular than almost ever , but a study by C...
Thu, Apr 25 2019, 8:14 AM
The declining interest rates earlier in the year along with increased refinancing made themselves felt in March as prepayment activity surged. Black K...
Wed, Apr 24 2019, 10:45 AM
Conventional wisdom, according to the Urban Institute (UI), holds that small mortgages are riskier than large ones. That may be one reason that only o...
Wed, Apr 24 2019, 8:11 AM
Rising interest rates continued to take a toll on mortgage applications during the week ended April 19. Even purchase mortgage volume fell victim to t...
Tue, Apr 23 2019, 11:37 AM
New home sales continued on a winning streak in March , increasing for the third straight month. The U.S. Census Bureau and the Department of Housing ...
Tue, Apr 23 2019, 11:02 AM
The pace of home price appreciation slowed notably in February , at least as reflected in the Federal Housing Finance Agency's (FHFA's) House Price In...
Tue, Apr 23 2019, 8:23 AM
As profit margins have continued to shrink, mortgage lenders have been seeking to utilize technology to reduce their production expenses which involve...
Mon, Apr 22 2019, 11:53 AM
The question this morning was whether March's existing home sales could build on the strong numbers posted in February, an 11.8 percent increase from ...
Mon, Apr 22 2019, 8:22 AM
For the second month in a row we find ourselves stating that Fannie Mae's forecast , while still predicting a slowdown in economic growth this year, a...
Mon, Apr 22 2019, 8:14 AM
Contrary to expectations, all three of the residential construction measures from the U.S. Census Bureau and the Department of Housing and Urban Devel...
Thu, Apr 18 2019, 11:01 AM
Continuing declines in interest rates had some impact along the margins of loan originations in March. Ellie Mae's Origination Insight Report for Marc...
Thu, Apr 18 2019, 8:20 AM
Despite their fourth quarter loss reported last month, independent mortgage banks and bank mortgage subsidiaries still managed, albeit barely, to stay...
Wed, Apr 17 2019, 10:48 AM
Two New York Federal Reserve Bank economists are asking whether the tax reform act that went into effect at the beginning of 2018 is playing a role in...
Wed, Apr 17 2019, 8:17 AM
It would appear that Refis' time in the sun is listing back towards purchases, as mortgage rates increased for the second straight week and applicatio...
Tue, Apr 16 2019, 10:41 AM
Builder confidence levels as reported by the National Association of Home Builders (NAHB) remained in the low 60s in April, a space it has now occupie...
Mon, Apr 15 2019, 3:48 PM
In an opinion piece published by MarketWatch , the president of the nation's third largest non-bank lender says institutions such as his could find th...
Mon, Apr 15 2019, 10:56 AM
Homeowners are and should be proud of their homes, but that often leads them to think it has a higher value than does an appraiser and the difference ...
Thu, Apr 11 2019, 11:14 AM
Multifamily properties led the list of investments in what was a record year of of commercial and multifamily lending in 2018. Commercial and multifam...
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...
