Wed, Jun 14 2023, 9:50 AM
The volume of mortgage applications posted the first gain since May 5, aided by lower interest rates and the usual post-holiday week bounce. The Mortg...
Wed, Jun 7 2023, 10:07 AM
The four-day business week accompanying the Memorial Day Holiday contributed to a further slowdown in mortgage applications. The Mortgage Bankers Asso...
Wed, May 31 2023, 8:33 AM
Rising rates and sparse inventories continue to hamper the mortgage market. The Mortgage Bankers Association (MBA) said its Market Composite Index, a...
Tue, May 30 2023, 11:57 AM
One of the major home price indices showed a continued increase in national home prices in March and less waffling in some local markets. A second i...
Thu, May 25 2023, 11:48 AM
The number of contracts to purchase pre-owned homes was unchanged in April. The National Association of Realtors® (NAR) said its Pending Home Sales ...
Wed, May 24 2023, 8:35 AM
The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, decreased 4.6 percent on a seas...
Thu, May 18 2023, 3:04 PM
Existing home sales account for the lion's share of all home sales in the U.S. Unlike "New Home Sales," this data series tracks previously sold homes...
Wed, May 17 2023, 11:39 AM
The April Residential Construction Report from the U.S. Census Bureau and the Department of Housing and Urban Development shows mixed results in April...
Wed, May 17 2023, 9:51 AM
The volume of mortgage applications, which had risen by more than 6 percent the prior week lost nearly all those gains during the week ended May 12. T...
Tue, May 16 2023, 2:25 PM
Home builders’ attitudes about the market for newly constructed homes continued to improve in May, partially due to the lack of available pre-owned ho...
Wed, May 10 2023, 8:24 AM
The volume of mortgage applications increased last week for both home purchases and refinancing. The Mortgage Bankers Association (MBA) said its Marke...
Wed, May 3 2023, 1:32 PM
While home prices continue to fall on an annual basis, new data from Black Knight indicates that the trend may not continue beyond the short term. The...
Wed, May 3 2023, 9:04 AM
The Mortgage Bankers Association (MBA) noted a slight decrease in mortgage applications during the week ended April 28. Joel Kan, MBA’s Vice President...
Thu, Apr 27 2023, 3:41 PM
Wed, Apr 26 2023, 8:32 AM
Mortgage application volume increased during the week ending April 21. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measu...
Tue, Apr 25 2023, 1:06 PM
Today brings the latest monthly installment of the two major home price indices from Case Shiller and the FHFA. While these numbers only bring us up ...
Tue, Apr 25 2023, 12:34 PM
New home sales figures bounced higher again in Marc h, outperforming February sales by 9.6 percent. The U.S. Census Bureau and Department of Housing a...
Thu, Apr 20 2023, 4:54 PM
The National Association of Realtors (NAR) measures the sales of previously owned homes. These so-called Existing Home Sales account for a vast major...
Wed, Apr 19 2023, 8:41 AM
The Mortgage Bankers Association (MBA) said its Market Composite Index for the week ended April 14 was down 8.8 percent on a seasonally adjusted basis...
Tue, Apr 18 2023, 12:39 PM
Residential construction data for March didn’t come close to matching February’s performance, but the rate of housing starts held its own. The good n...
Mon, Apr 17 2023, 2:05 PM
The index that measures the confidence of new home builders in the market for their product inched slightly higher again in April. The National Associ...
Wed, Apr 12 2023, 8:23 AM
Mortgage applications increased last week for the fifth time in six weeks. The Mortgage Bankers Association (MBA) said its Market Composite Index, a m...
Mon, Apr 10 2023, 11:14 AM
Fannie Mae’s monthly survey of consumers’ attitudes toward buying or selling a home and their own financial situation showed a mixture of sentiments i...
Wed, Apr 5 2023, 8:35 AM
March was a good month for the mortgage market with application volume growing for four straight weeks, but as the month ended, so did the winning str...
Tue, Apr 4 2023, 12:43 PM
It wasn’t yet the season, but February’s home price environment seems to have gotten a jump on the vaunted spring housing market. Black Knight’s Mort...
Tue, Apr 4 2023, 9:56 AM
Construction spending remained unremarkable in February, declining fractionally from January (-0.1 percent) while maintaining a 5.2 percent improvemen...
Wed, Mar 29 2023, 3:07 PM
January was a refreshingly strong month for many economic reports, but especially for metrics relating to the housing and mortgage markets. This wasn...
Wed, Mar 29 2023, 8:07 AM
Applications for both home purchases and refinancing rose for the fourth time during the week ended March 24. The Mortgage Bankers Association (MBA) s...
Tue, Mar 28 2023, 11:29 AM
Some people might like the idea of perpetual appreciation in the housing market, but others know that the industry was badly in need of a cool-down af...
Thu, Mar 23 2023, 12:08 PM
New home sales surprised everyone in January, surging by 7.5 percent to 670,000 units, the highest rate since March 2022. It was, however, only an il...
Wed, Mar 22 2023, 8:28 AM
A second week of declining interest rates prompted another increase in mortgage activity last week, the third in as many weeks. The Mortgage Bankers A...
Tue, Mar 21 2023, 1:09 PM
Existing home sales emerged, at least temporarily, out of a prolonged slump last month, and weren’t even shy about it. The National Association of Rea...
Thu, Mar 16 2023, 1:48 PM
It didn’t approach the levels of the “good old days” of 2020 and 2021, but construction activity did show signs of life last month. The U.S. Census Bu...
Wed, Mar 15 2023, 8:34 AM
Mortgage application volume increased for a second straight week as investors fled to the safety of government-guaranteed securities in the wake of th...
Tue, Mar 14 2023, 11:08 AM
Mortgage credit availability fell to just short of its 2012 benchmark level in February. The Mortgage Bankers Association (MBA) said its Mortgage Cred...
Wed, Mar 8 2023, 8:26 AM
The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, increased 7.4 percent on a seas...
Mon, Mar 6 2023, 3:27 PM
Black Knight releases a robust collection of mortgage/housing info each month via its Mortgage Monitor report. There are always more charts than we h...
Wed, Mar 1 2023, 8:45 AM
The volume of mortgage application activity for both refinancing and purchasing fell again last week. The Mortgage Bankers Association (MBA) said its ...
Tue, Feb 28 2023, 3:38 PM
FHFA and S&P Case Shiller each released their monthly home price indices (HPIs) for December this morning. These are the two most widely followed HPI...
Mon, Feb 27 2023, 11:27 AM
Not only did pending home sales increase for the second month in a row in January, but the increase was the largest since the June 2020 rebound from t...
Fri, Feb 24 2023, 1:19 PM
New home sales edged a little further out of a lengthy slump in January, topping 600,000 units for the second straight month. The U.S. Census Bureau a...
Wed, Feb 22 2023, 2:14 PM
Earlier this morning, HUD released details of a long-anticipated plan to reduce the annual MIP (mortgage insurance premiums) that are currently charge...
Wed, Feb 22 2023, 8:35 AM
Mortgage application volume took a big hit last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume...
Tue, Feb 21 2023, 2:21 PM
Existing home sales data was released this morning by the National Association of Realtors for the month of January. It was fairly close to forecasts...
Thu, Feb 16 2023, 2:35 PM
It seems that most of the stories I write on home sales and construction numbers begin with a slightly different iteration of the same core thought: t...
Wed, Feb 15 2023, 1:35 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shot higher in February, achieving a second monthly gain. NAHB...
Wed, Feb 15 2023, 8:30 AM
It was unrealistic to expect last week’s strong increase in mortgage activity to be sustainable in the current volatile rate environment, and indeed i...
Mon, Feb 13 2023, 1:03 PM
Black Knight’s Mortgage Origination’s Market Monitor confirms that the surge in rate lock volumes noted earlier in the month continued through the e...
Wed, Feb 8 2023, 8:25 AM
Refinancing pushed the volume of mortgage loan applications to one of its biggest week-over-week increases in ten months, during the period that ended...
Tue, Feb 7 2023, 2:08 PM
The FHFA and S&P Case Shiller published home price index data last week for the month of November. Both showed moderate month-over-month declines off...
