Tue, Oct 9 2018, 8:29 AM
Hurricane Florence, the storm that tore up much of eastern North and South Caroline in September, may be especially disastrous in terms of VA loans. B...
Tue, Oct 9 2018, 8:16 AM
It appears that, while Americans are generally upbeat about the economy, housing, and their own financial fortunes, they have a little difficulty main...
Fri, Oct 5 2018, 10:52 AM
Mortgage lenders have been increasingly reporting tighter margins as costs rise for each actual loan transaction. In the last few years the principal ...
Thu, Oct 4 2018, 10:54 AM
The availability of mortgage credit at least as measured by the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) pulle...
Thu, Oct 4 2018, 10:44 AM
Lesson learned? Whether they saw their credit decimated by the housing crisis and the Great Recession or merely watched loan standards tightened beyon...
Thu, Oct 4 2018, 8:12 AM
Nearly two years ago the Federal Housing Finance Agency (FHFA) approved Underserved Market Plans from Fannie Mae and Freddie Mac. These plans, part of...
Wed, Oct 3 2018, 8:24 AM
As mortgage interest rates moved higher during the week ended September 28, with small increases carrying most to new seven year highs, application ac...
Tue, Oct 2 2018, 11:47 AM
Two Zillow subsidiaries are estimating it will cost the average U.S. homebuyer $40,000 to get in the door of their new home. Depending on where the ho...
Tue, Oct 2 2018, 8:17 AM
The take-away from CoreLogic's report on its August Home Price Index is that home price appreciation during the month was the slowest in two years . T...
Mon, Oct 1 2018, 11:29 AM
The total value of construction put in place during August only ticked up 0.1 percent compared to July, but the small, steady increases each month hav...
Fri, Sep 28 2018, 10:07 AM
Freddie Mac made two announcements this week. The first is a long expected administrative change to requirements for private mortgage insurance (PMI) ...
Thu, Sep 27 2018, 10:37 AM
The leading indicator for existing home sales continued to struggle in August and for the fourth time in the last five months purchase contract execut...
Wed, Sep 26 2018, 4:59 PM
One of the more contentious provisions of the 2017 Tax Cuts and Jobs Act (TCJA) was a new ceiling on the SALT deduction. This is the amount taxpayers ...
Wed, Sep 26 2018, 10:44 AM
New Home Sales posted a month-over-month increase for the first time since May according to Wednesday's report from the U.S. Census Bureau and the Dep...
Wed, Sep 26 2018, 10:41 AM
Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 6.1 percent in August. The portfolio balance at the en...
Wed, Sep 26 2018, 8:15 AM
The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of mortgage application volume, moved higher during the week ended S...
Tue, Sep 25 2018, 10:39 AM
Both of the major home price indexes that were released this morning showed continued deceleration in the rate of appreciation, even though July is us...
Mon, Sep 24 2018, 12:18 PM
Freddie Mac's Economic and Housing Research Group said on Monday that the U.S. economy and job market are firing on nearly all cylinders , "but the ho...
Mon, Sep 24 2018, 8:24 AM
Are weather patterns beginning to provoke annual swings in mortgage delinquencies? Black Knight suggests, in its first look at August 2018 mortgage pe...
Fri, Sep 21 2018, 4:44 PM
Even as flood water continue to sit in living rooms and kitchens across a large swath of North Carolina it is clear that most of those homes are not i...
Thu, Sep 20 2018, 11:25 AM
It was a disappointment, but at least it wasn't a loss. Existing home sales, which were expected to increase in August after four straight months of d...
Thu, Sep 20 2018, 8:08 AM
The share of loans originated for refinancing rose in August for the first time this year. Ellie Mae's Origination Insight Report shows that closed tr...
Wed, Sep 19 2018, 10:04 AM
Both permits and starts were expected to pick up in August, at least holding on to their slight gains in July. Housing starts did deliver, posting a s...
Wed, Sep 19 2018, 8:10 AM
Labor Day typically marks the end of summer and the resumption of business as usual. Hopefully it also marked the beginning of a turnaround for mortga...
Tue, Sep 18 2018, 10:29 AM
Builder confidence in the market for newly-built single-family homes stabilized a bit in September. The National Association of Home Builders (NAHB)/W...
Mon, Sep 17 2018, 3:11 PM
The robust growth in the economy in the second quarter may be the final peak of this expansion according to Fannie Mae's Economic Development Report f...
Mon, Sep 17 2018, 11:00 AM
There were quite a few recent milestones, high and low, noted in the Quarter 2 Residential Property Loan Origination Report from ATTOM Data Solutions....
Fri, Sep 14 2018, 11:31 AM
Even as Hurricane Florence is pushing unprecedented levels of flood waters into North and South Carolina homes, CoreLogic is issuing estimates regardi...
Fri, Sep 14 2018, 11:19 AM
While applications for financing new home purchases declined in August, the Mortgage Bankers Association (MBA) is predicting a bump in the month's new...
Thu, Sep 13 2018, 11:58 AM
The risk of mortgage fraud jumped by 12.4 percent on an annual basis in the second quarter, the seventh consecutive quarter in which it has increased ...
Wed, Sep 12 2018, 2:56 PM
In the last half of 2017 the three credit bureaus, Equifax, TransUnion, and Experian, agreed to change the way they handle collection accounts. These ...
Wed, Sep 12 2018, 8:10 AM
Mortgage applications for home purchases managed to move higher for the second straight time last week in spite of the usual lag in activity that acco...
Tue, Sep 11 2018, 4:15 PM
The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) moved lower in August due to a decline in its jumbo loan component...
Tue, Sep 11 2018, 12:57 PM
Mortgage lenders appear to be holding credit standards stable despite increasing competition and declining demand and profit expectations. Fannie Mae'...
Mon, Sep 10 2018, 11:44 AM
Last week we summarized a report from the National Association of Home Builders on the acute labor shortages builders are indicating in responses to t...
Mon, Sep 10 2018, 10:17 AM
Whether due to lessons learned from the foreclosure crisis, an improved economy, or a combination of these and other factors, Black Knight, in its cur...
Fri, Sep 7 2018, 11:40 AM
Nearly all of America's home builders say they are facing significant shortages of skilled labor , both in the form of direct labor and as subcontract...
Fri, Sep 7 2018, 10:43 AM
Consumers appear to be increasingly upbeat about their jobs and their income, but dramatically less so about getting involved in the real estate marke...
Thu, Sep 6 2018, 1:01 PM
Housing trivia probably isn't a major hobby, but if you are into it, it is your birthday and the U.S. Census Bureau brought a present. The Bureau has ...
Wed, Sep 5 2018, 4:32 PM
Will appraisals soon need to indicate a home's driving distance to the nearest cold-brew drive-through? Could be. According to a new study by the Harv...
Wed, Sep 5 2018, 8:14 AM
Purchase applications increased slightly during the week ended August 31, but overall mortgage activity fell slightly according to the Mortgage Banker...
Tue, Sep 4 2018, 12:03 PM
Spending on residential construction continued to outpace construction in general in July although new home construction appeared to falter . The U.S....
Tue, Sep 4 2018, 10:12 AM
"Go West" may not be the best advice for someone in search of elbow room. The National Association of Home Builders (NAHB) says that housing lot sizes...
Fri, Aug 31 2018, 11:11 AM
Taking out a mortgage with an origination balance higher than whatever the conventional loan limit was at the time used to be an expensive proposition...
Thu, Aug 30 2018, 10:52 AM
Freddie Mac will be consolidating two of its mortgage products into a single offering effective October 29, 2018. The company announced this and other...
Thu, Aug 30 2018, 10:35 AM
Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 3.5 percent in July. The portfolio balance at the end ...
Wed, Aug 29 2018, 11:46 AM
Earlier this month the National Association of Home Builders' (NAHB's) Eye on Housing blog featured a story on America's aging housing stock. NAHB ana...
Wed, Aug 29 2018, 10:12 AM
Expectations weren't particularly high for a solid July report on home purchase contracts, but today's report from the National Association of Realtor...
Wed, Aug 29 2018, 8:13 AM
In the first quarter of 2018, independent mortgage banks and mortgage subsidiaries of chartered banks posted only their second period of financial los...
Wed, Aug 29 2018, 8:05 AM
The surge in mortgage applications last week, fostered by a 6.0 percent increase in refinancing, was short-lived. Despite slightly lower interest rate...
