Wed, Feb 28 2018, 8:51 AM
Purchase mortgage applications gained ground last week for the first time since mid-January. The Mortgage Bankers Association (MBA) said the volume of...
Tue, Feb 27 2018, 10:25 AM
Like one of those one-a-decade astrological anomalies, issuance of three home price reports for December along with a quarterly summary coincided toda...
Mon, Feb 26 2018, 10:44 AM
New home sales fell again in January, although not quite as sharply as in December . Stalling sales in recent months has now dragged the annual rate b...
Mon, Feb 26 2018, 9:22 AM
It was nice while it lasted, but the long run of historically low mortgage rates is clearly coming to an end. This month Freddie Mac's Outlook looks b...
Fri, Feb 23 2018, 10:36 AM
The effects of last summer's hurricanes, while fading from their early impact on loan performance stats, are still being felt. Black Knight reports, i...
Fri, Feb 23 2018, 9:15 AM
Although the company said it was regular January phenomenon, last month's surge in refinancing also feels a little like borrowers "headed for the last...
Wed, Feb 21 2018, 11:16 AM
Sales of existing homes fell again in January, the second consecutive month-over-month decline. Sales of pre-owned single-family homes, townhomes, con...
Wed, Feb 21 2018, 8:24 AM
Mortgage application volumes suffered their worst losses of 2018 last week. The Mortgage Bankers Association (MBA) said both purchase mortgages and ap...
Fri, Feb 16 2018, 12:36 PM
Some people are never happy . For most of the ten years following the start of the Great Recession the experts have focused (can we say harped?) on th...
Fri, Feb 16 2018, 9:59 AM
Residential construction got off to a strong start in January, with sizable increases in both permits and housing starts and only a slight downturn in...
Thu, Feb 15 2018, 2:04 PM
While the prospect of Fannie Mae and Freddie Mac needing taxpayer money conjures up images of a failing mortgage market requiring a government bailout...
Thu, Feb 15 2018, 10:37 AM
New home builders are looking ahead, and the National Association of Home Builders (NAHB) says this optimism was reflected in its Housing Market Index...
Thu, Feb 15 2018, 10:33 AM
Although it has been declared by many in Congress as "dead on arrival" the Trump Administration's proposed 2019 budget appears more predicated on anot...
Wed, Feb 14 2018, 12:19 PM
Is homeownership still the American Dream? Should it be? An article published in the Journal of Economic Perspectives argues while the former has long...
Wed, Feb 14 2018, 9:33 AM
The Mortgage Bankers Association (MBA) is forecasting a sizable jump in new home sales in January. Based on responses to its Builder Application Surve...
Wed, Feb 14 2018, 9:10 AM
Purchase mortgage applications, after starting out strong at the beginning of the year, stalled for the third straight time last week, bringing overal...
Tue, Feb 13 2018, 11:42 AM
While home price increases softened slightly in the fourth quarter of last year, the National Association of Realtors® (NAR) said, an uptick in existi...
Tue, Feb 13 2018, 9:53 AM
Last fall's hurricanes again dominate the CoreLogic November Loan Performance Insights Report, although the nature of the storms' influence has change...
Mon, Feb 12 2018, 4:33 PM
In 2011, when Congress and the Obama Administration wanted to give taxpayers a temporary 2.0 percentage point reduction in payroll (FICA and Medicare)...
Mon, Feb 12 2018, 9:18 AM
Last year Congress failed to pass a sweeping bill repealing much of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act. It appear...
Fri, Feb 9 2018, 11:29 AM
A small group of VA approved issuers have been warned that the speed at which their loans are being prepaid makes it appear they are participating in ...
Thu, Feb 8 2018, 12:27 PM
The National Delinquency Survey (NDS), a quarterly measure of mortgage performance from the Mortgage Bankers Association (MBA), found delinquencies in...
Wed, Feb 7 2018, 12:02 PM
Five of the six components that make up Fannie Mae's Home Purchase Sentiment Index (HPSI) rose in January, pushing the index to an all-time high . HPS...
Wed, Feb 7 2018, 8:36 AM
Mortgage activity increased slightly during the week ended February 1. The Mortgage Bankers Association (MBA) says its Market Composite index, a measu...
Tue, Feb 6 2018, 11:48 AM
Mortgage credit availability increased significantly in January. The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) r...
Tue, Feb 6 2018, 10:21 AM
CoreLogic's Home Price Index (HPI) finished up 2017 a little lower than when the year started but showing some additional slowing from later in the ye...
Mon, Feb 5 2018, 12:21 PM
CoreLogic continued its series of blog articles related to appraisals with an analysis of the appreciation rate when an appraisal has come in above th...
Mon, Feb 5 2018, 9:42 AM
As more time elapses since the three hurricanes that impacted parts of the U.S. in late summer to mid fall, additional damage to the mortgage market i...
Fri, Feb 2 2018, 8:07 PM
The aging of America seems to be stoking the enthusiasm of homebuilders about catering to the senior set. The National Association of Home Builders (N...
Thu, Feb 1 2018, 12:37 PM
Construction spending wound up the year with positive numbers for December and an increase in overall spending for the year . The U.S. Census Bureau t...
Thu, Feb 1 2018, 10:52 AM
There was a partial win for the plaintiff in there somewhere, but the District of Columbia Circuit Court of Appeals reversed its earlier decision on W...
Wed, Jan 31 2018, 12:47 PM
Loan applications are increasingly submitted and approved via a cell phone and Fannie Mae, and Freddie Mac constantly refer in press releases to their...
Wed, Jan 31 2018, 10:49 AM
Pending home sales finished off the year in a more upbeat tune. Although the December gain in sales, reported on Wednesday by the National Association...
Wed, Jan 31 2018, 8:40 AM
Mortgage activity suffered its first downturn of 2018 last week, breaking a three-week winning streak. The Mortgage Bankers Association (MBA) reports ...
Tue, Jan 30 2018, 1:08 PM
The national homeownership rate ticked up slightly in the fourth quarter of 2017, but the U.S. Census Bureau said the change, from 63.9 percent in the...
Tue, Jan 30 2018, 10:13 AM
Home price gains picked up the pace again in November according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. The index, which cov...
Mon, Jan 29 2018, 9:22 AM
Home prices measured by Black Knight's Home Price Index (HPI) achieved their 67 th consecutive year-over year increase in November. The HPI rose 6.44 ...
Fri, Jan 26 2018, 10:09 AM
Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 9.0 percent in December. The portfolio balance at the ...
Thu, Jan 25 2018, 10:45 AM
After three solid months of new home sales, some give-back could only be expected ; exactly what happened in December. The Census Bureau and the Depar...
Wed, Jan 24 2018, 11:22 AM
Despite a poor showing in December , existing home sales in 2017 were the best levels in 11 years. The National Association of Realtors® (NAR) said th...
Wed, Jan 24 2018, 9:56 AM
The Federal Housing Finance Agency said its House Price Index (HPI) racked up a 0.4 percent gain in November and the 0.5 percent appreciation rate rep...
Wed, Jan 24 2018, 8:31 AM
Mortgage applications continue on the tear they started during the first week of 2018. The Mortgage Bankers Association's (MBA's) Market Composite Ind...
Tue, Jan 23 2018, 3:49 PM
Fannie Mae's Economic and Strategic Research Group (ESR) focused on the new Tax Cuts and Jobs Act, passed late last year, in its January Economic Deve...
Tue, Jan 23 2018, 10:13 AM
Black Knight notes a significant uptick in seriously delinquent mortgages in December. The number of loans that were 90 or more days overdue increased...
Mon, Jan 22 2018, 5:13 PM
With a stop-gap funding bill likely to be approved tonight, the following will not be germane for long, but it could serve as a template for the next ...
Mon, Jan 22 2018, 12:15 PM
Last year's Federal Reserve actions, raising the target interest rate three times, led to about a 0.75 percentage point increase in the 1-year Constan...
Fri, Jan 19 2018, 12:44 PM
The bidding wars are back . With home prices and sales back to or above pre-crisis levels and the inventory of available homes at records lows, CoreLo...
Fri, Jan 19 2018, 11:30 AM
Bloomberg News is reporting on a proposal from Federal Housing Finance Agency (FHFA) Director Melvin Watt regarding the future of Fannie Mae and Fredd...
Fri, Jan 19 2018, 9:33 AM
While recently passed Tax Cuts and Jobs Act will benefit the take-home pay of most Americans, and allow them to save up to buy a home if they wish, ot...
Thu, Jan 18 2018, 12:27 PM
There is a rather unusual request up on the Federal Housing Finance Agency's (FHFA's) website. Two FHFA analysts, saying that the issue of updating th...
