Wed, Aug 8 2018, 12:01 PM
The National Association of Realtors® (NAR) said existing home sales cooled during the second quarter amidst what it called "staggeringly low" invento...
Wed, Aug 8 2018, 10:21 AM
Attitudes about buying and selling a home degraded in July. Fannie Mae said its National Housing Survey (NHS) for the month found a net decrease among...
Wed, Aug 8 2018, 8:04 AM
The week ended August 3 marked the fourth consecutive one in which mortgage activity declined. The Mortgage Bankers Association (MBA) said its Market ...
Tue, Aug 7 2018, 11:38 AM
Mortgage credit availability scored a significant gain in July. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MC...
Tue, Aug 7 2018, 11:33 AM
Freddie Mac has announced two new affordable rental programs. The first is a pilot in three markets (Atlanta, Orlando, and Tallahassee) that supports ...
Tue, Aug 7 2018, 9:50 AM
Another day, another Wells Fargo PR disaster. The company is admitting they have foreclosed on about 400 homes owned by borrowers who were not allowed...
Mon, Aug 6 2018, 8:18 AM
Altough it was forecast to happen long ago, it seems price gains throughout the U.S. are moderating . Black Knight, in its August Mortgage Monitor , c...
Fri, Aug 3 2018, 11:44 AM
CoreLogic is noting a subtle change in rent growth for single-family houses. Its Single-Family Rental Index (SFRI) has logged a steady increase in tho...
Fri, Aug 3 2018, 8:45 AM
A recent research paper from the Urban Institute (UI) looks at the benefits provided by real denial rates (RDR) over the traditional measure of credit...
Thu, Aug 2 2018, 10:58 AM
Both Fannie Mae and Freddie Mac, the two government supported enterprises (GSEs) that have been in federal conservatorship for ten years this month, r...
Wed, Aug 1 2018, 12:17 PM
Construction spending fell unexpectedly in June. The U.S. Census said overall spending was down 1.1 percent from the May estimate to a seasonally adju...
Wed, Aug 1 2018, 9:24 AM
A steadily declining number of prospective homebuyers hope to actually buy within the next 12 months according to the second quarter National Associat...
Wed, Aug 1 2018, 8:10 AM
Mortgage activity declined again during the week ended July 27. The Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of loan a...
Tue, Jul 31 2018, 4:35 PM
Congress has once again snatched the National Flood Insurance Program (NFIP) away from its scheduled demise while setting the stage for needing to do ...
Tue, Jul 31 2018, 4:31 PM
Baby Boomers, the largest generation of Americans in history until the Millennials came along, have influenced the country since their birth and have ...
Tue, Jul 31 2018, 10:13 AM
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index put on a repeat performance for May. The index, which covers all nine U.S. census di...
Mon, Jul 30 2018, 10:21 AM
Pending home sales rose marginally again in June, beating the National Association of Realtors® (NAR's) Pending Home Sale Index (PHSI) for the previou...
Fri, Jul 27 2018, 10:03 AM
Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 3.8 percent in June. The portfolio balance at the end ...
Thu, Jul 26 2018, 3:52 PM
The homeownership rate remained essentially unchanged in the second quarter of 2018. The Census Bureau said the rate rose 0.1 percentage points compar...
Wed, Jul 25 2018, 10:38 AM
New home sales have adopted an up and down pattern since March and continued in that trend in June. The U.S. Census Bureau and the Department of Housi...
Wed, Jul 25 2018, 8:03 AM
As the Mortgage Bankers Association (MBA) termed it the headline on its press release this morning: "Mortgage Application Activity and Rates [were] Ne...
Tue, Jul 24 2018, 11:09 AM
The rate of home price appreciation appears to be accelerating again , at least for those homes purchased using Fannie Mae or Freddie Mac mortgages. T...
Tue, Jul 24 2018, 10:08 AM
The old credit score models are safe for the time being, despite a belief that they disregard millions of creditworthy Americans, leaving them unable ...
Tue, Jul 24 2018, 8:06 AM
Mortgage performance seems to be sliding past the metrics measuring the world prior to the 2008 housing crisis and is now setting new benchmarks for t...
Mon, Jul 23 2018, 12:11 PM
While official existing home sales data, released this morning by the National Association of Realtors® (NAR), showed the sector's losing streak exten...
Mon, Jul 23 2018, 10:59 AM
Existing home sales extended their losing streak to three months in June. The National Association of Realtors® (NAR) said that single-family homes, t...
Fri, Jul 20 2018, 11:43 AM
In another dive into data from the Census Bureau's Survey of Construction (SOC), the National Association of Home Builders (NAHB) found that one third...
Fri, Jul 20 2018, 10:03 AM
Fannie Mae's economists have upgraded their second quarter economic forecast but say that may be about it for the year . In their July forecast, the c...
Thu, Jul 19 2018, 11:50 AM
A group of financial experts is scheduled to meet at on Thursday to make funeral arrangements for Libor . In case you hadn't heard, the London interba...
Thu, Jul 19 2018, 11:07 AM
Yet another federal court has rebuffed shareholders hoping to recover some value from their investments in the government sponsored enterprises (GSEs)...
Thu, Jul 19 2018, 8:56 AM
The share of closed loans for home purchases ticked up another point in June, to 71 percent. While Ellie Mae has only tracked data since 2011, this re...
Wed, Jul 18 2018, 4:29 PM
It is the largest generation in U.S. history and Millennials may also set a record as the one whose behaviors have been most heavily researched. Despi...
Wed, Jul 18 2018, 10:26 AM
All three measures of residential construction activity performed poorly in June , and the two most closely watched numbers, construction permits and ...
Wed, Jul 18 2018, 8:08 AM
Refinancing made a tiny bit of a comeback during the week ended July 13. Both the Refinancing Index, a component of the Mortgage Bankers Associations ...
Tue, Jul 17 2018, 10:47 AM
As analysts had expected, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) remained at 68 this month. The readi...
Tue, Jul 17 2018, 10:02 AM
The National Association of Home Builders (NAHB) has plucked more information from the Census Bureau's Survey of Construction (SOC), this time to pain...
Mon, Jul 16 2018, 8:14 AM
Despite complaints about labor, lot, and material shortages, builders needed no more time to build a home last year than they did in 2016. The time di...
Thu, Jul 12 2018, 3:06 PM
While the Labor Department's Employment Situation Report for June showed wages plodding along at a 2.7 percent annual increase, unchanged from May, it...
Thu, Jul 12 2018, 2:57 PM
The Mortgage Bankers Association (MBA) is projecting a decline in new home sales for June, putting them significantly behind those in June 2017. MBA's...
Wed, Jul 11 2018, 11:05 AM
This month's Mortgage Monitor Report from Black Knight, Inc. is again about equity, but this time with a twist regarding the way homeowners are treati...
Wed, Jul 11 2018, 8:02 AM
Despite the Independence Day holiday which both shortened and bisected the week, mortgage activity rallied significantly during the week ended July 6....
Tue, Jul 10 2018, 1:55 PM
The Mortgage Bankers Association attributed an increase in its Mortgage Credit Availability Index (MCAI) last month to increased competition among len...
Tue, Jul 10 2018, 8:26 AM
The foreclosure inventory, that is the percentage of loans in the process of foreclosure, appears to have stabilized at 0.6 percent of all outstanding...
Mon, Jul 9 2018, 11:17 AM
Americans may still feel it is a good time so sell a home and a so-so one for home purchases, but, in June at least, they were feeling a little edgy a...
Fri, Jul 6 2018, 12:54 PM
Recently the National Association of Home Builders (NAHB) released a study, based on census data, showing an increasing percentage of young adults, ab...
Thu, Jul 5 2018, 5:22 PM
Fannie Mae's Lender Sentiment Survey has foreshadowed the growing attention to automating the loan approval process. That survey underlined the extent...
Thu, Jul 5 2018, 8:33 AM
In spite of a slight uptick in purchase activity, the overall pace of mortgage applications fell again during the week ended June 29. The Mortgage Ban...
Tue, Jul 3 2018, 2:49 PM
Millennials, it is said, are finally moving out on their own, establishing households and buying houses. But, if new research from the National Associ...
Tue, Jul 3 2018, 11:24 AM
A sure sign that a topic has progressed beyond trending and is now “trended” is when its acronym has firmly replaced the actual name. Artificial intel...
Mon, Jul 2 2018, 11:15 AM
Construction spending was less robust than April's 1.8 percent gain, but the May numbers came in about where the experts expected them. The Census Bur...
