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...
Thu, Jan 18 2018, 9:57 AM
Both housing starts and permits were expected to retreat a bit in December , following their strong performances in October and November. Permits did ...
Thu, Jan 18 2018, 9:36 AM
The new tax law appeared to have slightly influenced mortgage originations in December, ahead of its actual implementation. Ellie Mae, in its December...
Thu, Jan 18 2018, 9:30 AM
Since 2006, mortgage interest rates have fallen 242 basis points, from 6.41 percent to 3.99 percent. A decline of 246 basis points in the 10-Year Trea...
Wed, Jan 17 2018, 1:54 PM
Several housing authorities recently suggested changes to the form and operation of the Home Equity Conversion Mortgage (HECM) program, more commonly ...
Wed, Jan 17 2018, 10:41 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which hit an 18-year high in December, backed off a bit this ...
Wed, Jan 17 2018, 8:36 AM
Mortgage activity continued strong during the second week of the New Year. The Mortgage Bankers Association (MBA) reports that its Market Composite In...
Tue, Jan 16 2018, 11:00 AM
Builders are building more houses, but a survey conducted by the National Association of Home Builders (NAHB) found they are essentially building the ...
Thu, Jan 11 2018, 3:27 PM
A Ginnie Mae official told Congress this week that his agency has growing concerns over the incidence of "loan churning" in the VA mortgage program. M...
Thu, Jan 11 2018, 10:17 AM
Despite the usual holiday lull in overall mortgage applications, the demand for newly constructed homes increased in December. The Mortgage Bankers As...
Wed, Jan 10 2018, 12:26 PM
They may be a little late to the game, but John McManus, publisher of BuilderOnLine.com , is betting home builders are about to get a dose of digital ...
Wed, Jan 10 2018, 9:21 AM
Mortgage application activity roared out of the gate in the first week of the New Year, as the country got back down to business. Much of the week's g...
Tue, Jan 9 2018, 11:56 AM
A decline in each of its four component indices, especially the one measuring the availability of government-backed loans, drove overall mortgage cred...
Tue, Jan 9 2018, 10:29 AM
Mortgage delinquency rates continued to fall in October, with the national rate ticking down 0.1 percent and the percentage of non-current loans decli...
Mon, Jan 8 2018, 12:44 PM
Americans continued to have ambivalent views about the current virtues of both home buying and home selling in December. Consumers, responding to Fann...
Mon, Jan 8 2018, 9:43 AM
Black Knight's Mortgage Monitor for November notes that the equation for tapping the growing pool of homeowner equity could shift because of the new r...
Fri, Jan 5 2018, 10:11 AM
The House Financial Services Committee (FSC) has begun to schedule hearings for the new year and several bills will be on the agenda that could potent...
Wed, Jan 3 2018, 11:13 AM
Construction spending in November came in slightly above analysts' consensus for an increase of 0.6 percent. Overall expenditures for construction put...
Wed, Jan 3 2018, 9:29 AM
The Mortgage Bankers Association (MBA) closed its offices for the year-end holidays, so today's report on mortgage applications for the week ended Dec...
Tue, Jan 2 2018, 10:04 AM
The November home sales market appeared unwilling to acknowledge impending winter , the usual pre-holiday slowdown, or all the predictions of graduall...
Wed, Dec 27 2017, 5:26 PM
Mortgage lenders continue to see a negative profit outlook for the first quarter of the New Year, the fifth consecutive quarter they have done so. Thi...
Wed, Dec 27 2017, 10:19 AM
Pending home sales pulled off a second straight gain in November, but just barely . The National Association of Realtors® (NAR) said its Pending Home ...