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...
Mon, Feb 6 2023, 1:36 PM
Black Knight’s Mortgage Monitor for December highlights a continuation of recent home price declines, an overview of current loan performances, rate l...
Wed, Feb 1 2023, 9:41 AM
Mortgage activity slowed significantly last week, pulling the Mortgage Bankers Association’s (MBA’s) Market Composite lower after three weeks of gains...
Tue, Jan 31 2023, 3:48 PM
As rates spiked and sales contracted at the fastest pace in decades last year, we knew the post-pandemic surge in home prices was set to reverse. By ...
Fri, Jan 27 2023, 2:51 PM
For those in the housing and mortgage market, there's certainly been a shift in the tone over the past few weeks. I can't speak for everyone in that ...
Thu, Jan 26 2023, 2:50 PM
The Census Bureau's regularly scheduled monthly report on New Home Sales was released this morning. The annual pace of 616k was right in line with th...
Wed, Jan 25 2023, 8:10 AM
Mortgage loan activity posted a third straight gain during the week ended January 20 . The Mortgage Brokers Association (MBA) said its Market Composi...
Fri, Jan 20 2023, 12:20 PM
Existing home sales fell back for the 11th straight month in December according to the National Association of Realtors® (NAR) The month’s sales of ...
Thu, Jan 19 2023, 1:21 PM
In a single moment, the fees for a vast majority of new mortgages in the US have changed. In some cases, the changes are drastic, both for better and...
Wed, Jan 18 2023, 11:02 AM
On top of the solid report on mortgage volume earlier today, comes another hopeful report from the construction industry. The National Association of ...
Wed, Jan 18 2023, 9:41 AM
loan application volume, increased 27.9 percent on a seasonally adjusted basis The Refinance Index rose 34 percent week-over-week but remains 81 p...
Wed, Jan 11 2023, 8:10 AM
Overall mortgage application activity returned to pre-holiday levels during the first week of the new year. Lower interest rates bolstered refinancing...
Wed, Jan 4 2023, 8:22 AM
The end-of-year holiday season took its usual toll on mortgage applications. The Mortgage Brokers Association (MBA) report this morning recapped the p...
Wed, Dec 28 2022, 3:02 PM
Stop me if you've heard this one before: home sales numbers continue to suffer due to a perfect storm of higher rates, lofty prices, and tighter purse...
Tue, Dec 27 2022, 1:13 PM
Annual home price increases fell back into single digits in October. Both the S&P CoreLogic Case-Shiller and Federal Housing Finance Agency’s (FHFA’s)...
Fri, Dec 23 2022, 11:52 AM
New home sales in November were a bit of a surprise, but a downward revision to October numbers accounted for much of the unexpected increase. The U.S...
Wed, Dec 21 2022, 1:08 PM
"No one" is a relative term when it comes to economic data. There are actually about 4 million people per year buying existing homes based on the ann...
Wed, Dec 21 2022, 8:33 AM
Continuing declines in interest rates contributed to a substantial increase in applications for refinancing heading into the holiday season. This push...
Tue, Dec 20 2022, 4:14 PM
Housing Starts, the jargon word used to refer to the inception of new residential construction, have a fairly logical relationship with building permi...
Mon, Dec 19 2022, 2:31 PM
The Housing Market Index (HMI) from the National Association of Homebuilders (NAHB)--typically referred to simply as "builder confidence"--is argued t...
Wed, Dec 14 2022, 9:01 AM
The mortgage market disregarded a slight increase in interest rates last week. Refinance applications posted a second weekly gain, and the Purchase M...
Wed, Dec 7 2022, 1:37 PM
Fannie Mae’s Home Purchase Sentiment Index (HPSI) showed some signs of life in November, posting its first increase in nine months. The index, which d...
Wed, Dec 7 2022, 8:19 AM
Application volume the past week didn’t fully recover from the usual Thanksgiving week losses a week prior. Refinancing did improve, but purchase vol...
Mon, Dec 5 2022, 3:46 PM
Black Knight released its Mortgage Monitor report today--always a treasure trove of robust housing/mortgage-related data. Of particular interest this...
