Wed, Jan 9 2019, 10:31 AM
While the report also looks at how the recent dip in interest rates may impact the demand for refinancing, the main theme of the November 2018 Mortgag...
Wed, Jan 9 2019, 8:16 AM
Even though the week ended January 4 was shortened by the New Year's holiday mortgage application volume rebounded strongly . The Mortgage Bankers Ass...
Wed, Jan 9 2019, 8:10 AM
As the partial government shutdown continues the National Association of Realtors® contacted a sample of its members to see if the real estate market ...
Tue, Jan 8 2019, 11:10 AM
Some housing market analysts have found recent trends in construction, home sales, and diminishing affordability disquieting and perhaps early warning...
Mon, Jan 7 2019, 10:51 AM
A few more Americans decided it might be a good time to buy a home in November, but boy did they change their minds in December. Fannie Mae said the n...
Fri, Jan 4 2019, 11:34 AM
Refinancing activity has probably held up better than expected as interest rates have risen. Refinance applications accounted for more than 40 percent...
Thu, Jan 3 2019, 8:21 AM
Earlier this week we summarized a new White Paper from Freddie Mae detailing the growing importance of single-family properties within the U.S. rental...
Thu, Jan 3 2019, 8:05 AM
The Mortgage Bankers Association (MBA) office was closed during Christmas Week and did not issue its usual summary of mortgage application activity fo...
Wed, Jan 2 2019, 10:40 AM
Home prices grew by an estimated 0.4 percent in November according to CoreLogic's Home Price Index (HPI) and were 5.1 percent higher than at the end o...
Mon, Dec 31 2018, 2:30 PM
When one thinks about renters it is usually clusters of three-story garden style apartments, or high-rise elevator buildings that come to mind. But Fr...
Fri, Dec 28 2018, 10:29 AM
Analysts had expected to hear that pending home sales had a good run in November, perhaps even breaking its 10-month streak of year-over-year declines...
Thu, Dec 27 2018, 10:06 AM
Home prices on the Federal Housing Finance Agency's (FHFA's) Housing Price Index (HPI) crept higher in October, although year over year appreciation s...
Wed, Dec 26 2018, 10:59 AM
Home prices continued to ratchet down their advances in October, fewer than half of the tracked cities saw prices increase on an unadjusted basis. The...
Mon, Dec 24 2018, 10:19 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 6.8 percent in November, up from 4.7 percent the p...
Fri, Dec 21 2018, 12:50 PM
Households headed by self-employed persons make up about one-tenth of all households and have a median income higher than those headed by salaried per...
Thu, Dec 20 2018, 12:01 PM
You can cut the numbers in several ways, but no matter the way it is reported, American households are in relatively good shape when it comes to mortg...
Thu, Dec 20 2018, 10:13 AM
It is still a tiny share, but Ellie Mae says, in its November Origination Insight Report that the percentage of adjustable rate mortgages (ARMS) origi...
Thu, Dec 20 2018, 10:11 AM
The 2019 goals for the GSE conservatorship are a good deal more general than those put forward on the yearly Scorecard from the Federal Housing Financ...
Thu, Dec 20 2018, 8:24 AM
Mortgage prepayment activity reached a 10-year low in November. Black Knight said, in its "first look" at the months mortgage data, that the character...
Wed, Dec 19 2018, 4:40 PM
After a prolonged losing streak - existing home sales hadn't seen an increase since March - the National Association of Realtors® (NAR) announced a se...
Wed, Dec 19 2018, 11:27 AM
The debate has opened again on the fate of Freddie Mac and Fannie Mae (the GSEs). Ten plus years after the two were put in federal conservatorship at ...
Wed, Dec 19 2018, 8:12 AM
It is sad to say, but the good news can't last forever and the recent improvement in mortgage application volume, especially for purchase mortgages, p...
Tue, Dec 18 2018, 3:47 PM
Only about one third of Americans told the National Association of Realtors® (NAR) in a recent survey that they thought it was a good time to buy a ho...
Tue, Dec 18 2018, 10:27 AM
Residential construction performed an abrupt and unexpected about face in October. Permits, housing starts, and completions all improved on a month-ov...
Mon, Dec 17 2018, 10:47 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) is flirting with the danger zone. Although stressing that the ...
Fri, Dec 14 2018, 11:04 AM
Consistency can be boring, but in crazy times it can also be reassuring, even comforting. While they differ on the specifics, economists, at least tho...
Thu, Dec 13 2018, 9:58 AM
The Mortgage Bankers Association (MBA) added a little more evidence to the pile indicating a rather rapid slow-down in the housing market. MBA's Build...
Wed, Dec 12 2018, 11:21 AM
Lenders continue to be pessimistic about their profit outlook as 2018 draws to an end. Fannie Mae said its fourth quarter 2018 Mortgage Lender Sentime...
Wed, Dec 12 2018, 8:11 AM
Almost exactly 10 years after he helped pass the legislation that established the Federal Housing Finance Agency (FHFA), Mark Anthony Calabria has bee...
Wed, Dec 12 2018, 8:06 AM
Borrower activity continued to pick up last week as interest rates retreated to September levels and mortgage applications extended their recent winni...
Tue, Dec 11 2018, 11:45 AM
CoreLogic reports that mortgage delinquency rates were little changed in September. The percentage of mortgage loans that were 30 or more days delinqu...
Mon, Dec 10 2018, 1:23 PM
Both Freddie Mac and Fannie Mae have announced the suspension of eviction lockouts for single-family and two- to four-unit properties for the holiday ...
Mon, Dec 10 2018, 12:25 PM
We know that home price growth is slowing , and cash-out refinancing has been coming back, still it is a bit of a stunner to find that homeowner equit...
Mon, Dec 10 2018, 11:14 AM
The stereotype of a second home usually involves a tropical beach, a boat dock on a lake, or skiers whizzing past a picture window, but the National A...
Fri, Dec 7 2018, 1:24 PM
Three researchers from the Urban Institute (UI) recently analyzed the new capital standards rule proposed by the Federal Housing Finance Agency (FHFA)...
Fri, Dec 7 2018, 11:51 AM
Fannie Mae's Home Purchase Sentiment Index (HPSI) for November rose slightly, but within the 0.5-point increase was some increased confidence about pe...
Fri, Dec 7 2018, 8:30 AM
Access to mortgage credit moved higher in November, largely due to improved access to conforming mortgages. The Mortgage Bankers Association's Mortgag...
Fri, Dec 7 2018, 8:27 AM
While there has been a lot of talk since the recovery took hold about the lack resiliency in the residential construction sector, the issue is now mov...
Thu, Dec 6 2018, 8:44 AM
In June the Federal Housing Finance Agency's (FHFA) issued a proposed capital standard for the government-sponsored enterprises (GSEs), Freddie Mac an...
Wed, Dec 5 2018, 1:22 PM
Mortgage rates remained largely flat or even slightly lower during the week ended November 30. This probably helped to maintain the upward trend in mo...
Tue, Dec 4 2018, 12:04 PM
It is often billed as the most important and consequential financial decision a household can makes, so it probably follows that buying a home should ...
Tue, Dec 4 2018, 8:13 AM
While their behavior thus far doesn't do much to validate it, a survey by Bank of America (BoA) finds that Millennials put a high priority on homeowne...
Mon, Dec 3 2018, 12:22 PM
Construction spending was lower on a month-over-month basis in October, but an increase in public sector spending held the overall decline to a minimu...
Fri, Nov 30 2018, 11:17 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 4.7 percent in October, up from 2.3 percent the pr...
Fri, Nov 30 2018, 9:40 AM
Financial concerns continued for independent mortgage banks and mortgage subsidiaries of chartered banks as they reported, on average, declining profi...
Thu, Nov 29 2018, 10:24 AM
Pending home sales in October failed to build on their small September gains - only the second uptick in six months. The Pending Home Sales Index (PHS...
Wed, Nov 28 2018, 3:32 PM
The party is probably over for the time being when it comes to rate-and-term (i.e. "no cash out") refinancing. But even as rising interest rates stead...
Wed, Nov 28 2018, 11:53 AM
With both interest rates and home prices rising it is nearly impossible to find a housing forecast that doesn't include the word " cooling ." The Nove...
Wed, Nov 28 2018, 11:16 AM
New home sales were expected to make a strong showing in October; the consensus of analysts polled by Econoday was for a sharp increase from the Septe...
Wed, Nov 28 2018, 8:14 AM
Even though the week was shortened by the Thanksgiving holiday MBA's Market Composite Index, a measure of mortgage application volume, managed a 5.5 p...
