Fri, Jul 15 2016, 3:30 PM
While markets don't believe the Fed will really raise interest rates this year, it could surprise them with at least one hike later in the year.
...
Thu, Jul 14 2016, 12:46 PM
New home sales are predicted to have dipped by a
fraction in June in a report Thursday from the Mortgage Bankers Association (MBA). Based on informa...
Wed, Jul 13 2016, 8:18 AM
Record low interest rates coupled with a major American holiday made for a bit of chaos as regards mortgage applications. The Mortgage Bankers Asso...
Tue, Jul 12 2016, 2:40 PM
CoreLogic reported on Tuesday that the foreclosure inventory, the number of homes in some stage of foreclosure, had dropped to 390,000 in May, represe...
Tue, Jul 12 2016, 1:10 PM
The Brexit decision continues to reverberate and Freddie Mac, in its current issue of Outlook sees it as both a plus and a minus for the U.S., and n...
Mon, Jul 11 2016, 5:08 PM
Mortgage credit availability appeared to decrease
again in June. It was the fourth
consecutive month the Mortgage Bankers Association's (MBA's) Mor...
Mon, Jul 11 2016, 5:06 PM
In its "first look" at May mortgage data published last month Black Knight Financial Services noted that the prepayment rate for mortgages, historical...
Thu, Jul 7 2016, 4:35 PM
The Federal Housing Finance Agency (FHFA) has released an update on the progress made toward the Single Security that is expected to replace those cur...
Thu, Jul 7 2016, 2:46 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI), an outgrowth of its National Housing Survey, pulled back a bit in June, largely due to weakened o...
Wed, Jul 6 2016, 7:56 AM
The rate drop that kicked in immediately after the June 23 Brexit vote in the United Kingdom was reflected, dramatically so, in the volume of mortga...
Wed, Jul 6 2016, 2:18 PM
If you were to review a pile of mortgage applications randomly pulled from all of those submitted what age group do you think would look the best, t...
Wed, Jul 6 2016, 1:53 PM
The performance of loans serviced by the seven national banks reporting to the Office of Comptroller of the Currency (OCC) improved during the first...
Tue, Jul 5 2016, 10:23 AM
CoreLogic is reporting that the rate of home price increases, as measured by its Home Price Index (HPI) slowed considerably in May from its rate in ...
Fri, Jul 1 2016, 11:28 AM
Investors who purchase distressed loans through the FHA's Distressed Asset Stabilization Program (DASP) are going to have to toe a stricter line w...
Wed, Jun 29 2016, 12:06 PM
Pending home sales hit the skids in May, following three
straight months of increases. The
National Association of Realtors® (NAR) said that its ...
Wed, Jun 29 2016, 8:00 AM
Mortgage application activity was down across the board during the week ended June 24. The Mortgage Bankers Association (MBA) reports that its Market...
Wed, Jun 29 2016, 2:16 PM
Baby Boomers, even as they age, continue to have an outsized impact on the housing market. Freddie Mac recently conducted a large survey of those o...
Wed, Jun 29 2016, 2:04 PM
Freddie Mac says that the housing market as a whole in the U.S. is on the outer range of its historic benchmark level of housing activity. The spri...
Tue, Jun 28 2016, 10:35 AM
Both S&P/Case-Shiller and Black Knight Financial Services report that home prices continued to rise in April. Their numbers, while covering different...
Tue, Jun 28 2016, 4:47 PM
Freddie Mac says that the trend toward increasing levels of cash out refinancing paused during the first quarter of 2016. The share of refinancing ...
Mon, Jun 27 2016, 4:04 PM
Will the homeownership rate fall below 50 percent? Not a question most housing industry stakeholders want to think about, but some analysts are spec...
Fri, Jun 24 2016, 11:24 AM
After two years of supervision and examinations of mortgage
servicers by the Consumer Financial Protection Bureau (CFPB) the agency has criticized
t...
Thu, Jun 23 2016, 11:00 AM
New home sales dropped back in May after a reported 16.6
percent surge the previous month, an increase that was revised down from what
was first r...
Thu, Jun 23 2016, 3:39 PM
A third of home sales in March were all-cash
transactions according to CoreLogic.
This was a decrease of 2.8 percentages points, the company termed...
Wed, Jun 22 2016, 11:05 AM
The median price of an existing home reached an
all-time high in May and sales hit their highest pace in nearly a decade . The National Association...
Wed, Jun 22 2016, 10:27 AM
The pace of home price increases, at least for purchases financed by Fannie
Mae and Freddie Mac, slowed in April, falling below even the most modest...
Wed, Jun 22 2016, 8:11 AM
Refinancing gained ground as interest
rates fell during the week ended June 17.
The Mortgage Bankers Association (MBA) reported that refinancing
...
Wed, Jun 22 2016, 2:28 PM
Distressed properties nationwide now
total significantly less than 3 million according to data released on Wednesday
by Black Knight Financial Ser...
Tue, Jun 21 2016, 2:15 PM
The biggest complaint in the spring homebuying season was simply that there weren't enough homes to buy. Demand is strong for housing, but listings ar...
Mon, Jun 20 2016, 12:23 PM
If you are looking for an upbeat assessment of
consumer sentiment regarding housing, a recent survey by the MacArthur
Foundation is not the place ...
Fri, Jun 17 2016, 10:38 AM
Residential construction data released this morning showed both housing starts and permits holding fairly steady in May compared to April, but while...
Thu, Jun 16 2016, 10:31 AM
There was a flicker of life this month in the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). After spending fo...
Thu, Jun 16 2016, 10:03 AM
Purchase mortgages comprised 60 percent of all originations in April, the first time the purchase share has risen to this level since April 2015 . ...
Wed, Jun 15 2016, 10:25 AM
Fannie Mae's second quarter Mortgage Lender Sentiment Survey indicates that lenders are generally upbeat about the housing market. Respondents to the...
Wed, Jun 15 2016, 8:05 AM
Despite mortgage interest rates that continued to decline, in the case of FHA loans retreating to levels last seen in 2013, mortgage activity decreas...
Tue, Jun 14 2016, 10:19 AM
The Mortgage Bankers Association (MBA) is predicated a 6 percent decline in new home sales in May compared to April. The forecast is based on the a...
Tue, Jun 14 2016, 5:14 PM
The national foreclosure inventory, homes somewhere in the process of foreclosure, along with other measures of housing distress, continued to decline...
Mon, Jun 13 2016, 3:45 PM
Not only is student loan debt delaying first-time homebuyers, it is delaying them for a long time.
Seventy-one percent of non-homeowners with debts...
Thu, Jun 9 2016, 10:19 AM
Negative equity continued to decline in the first quarter of 2016. CoreLogic said today that 268,000 homeowners regained an equity position in their ...
Wed, Jun 8 2016, 10:09 AM
With mortgage interest rates generally down since the end of last year CoreLogic's principal economist Molly Boesel took a crack this week at figuring...
Wed, Jun 8 2016, 10:05 AM
While consumers are still conflicted about whether it is still a good time to buy or to sell, their perceptions about financial aspects of their liv...
Wed, Jun 8 2016, 9:45 AM
Mortgage bank profits increased substantially in the first quarter of the year compared to the last quarter of 2015 the Mortgage Bankers Association...
Wed, Jun 8 2016, 8:46 AM
The Mortgage Bankers Association (MBA) reported another of those holiday-centered weeks of mortgage application activity where it is anyone's guess ...
Tue, Jun 7 2016, 10:43 AM
The second of the major home price estimates for April was released by CoreLogic on Tuesday and tracks, on an annual basis, closely with the first, re...
Mon, Jun 6 2016, 2:12 PM
Delinquencies on home equity lines of credit (HELOCs) have increased on an annual basis twice in the six months ended in March according to Black Knig...
Fri, Jun 3 2016, 3:09 PM
Friday's disappointing jobs report is likely an anomaly, but it was bad enough to wipe out any chance that the Federal Reserve will raise interest rat...
Thu, Jun 2 2016, 10:20 AM
What do buyers worry about as they shop for a home? It turns out one growing concern is other buyers like them.
A Redfin survey of nearly 1,000 ...
Thu, Jun 2 2016, 10:08 AM
Mortgage credit access continued to inch down in May. The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) decreased t...
Wed, Jun 1 2016, 10:50 AM
Construction spending continued to disappoint in April, but unlike in the preceding three months, residential construction also declined. The Census...
Wed, Jun 1 2016, 9:53 AM
How high is too high? When it comes to home prices the wounds left from the Great Recession make this question an important one. Amidst that event, ...
