Tue, Feb 9 2016, 10:52 AM
The number of properties in the process of foreclosure nationwide dropped by nearly a quarter from the end of 2014 to the end of this past year. Co...
Mon, Feb 8 2016, 10:55 AM
Affordability is becoming an issue based on more than just rising
interest rates and rising home prices according to the latest Home Purchase
Sentim...
Fri, Feb 5 2016, 2:39 PM
Credit available was apparently slightly lower in January
than in February, the third straight month that the Mortgage Bankers
Associations' (MBA'...
Thu, Feb 4 2016, 12:22 PM
The percentage of total home sales transactions that are
completed in cash continues to decline on an annual basis as distressed homes
become less a...
Wed, Feb 3 2016, 8:29 AM
Mortgage application volume during the week ended January 29 was again either
disappointing or much improved depending on whether one viewed it on ...
Wed, Feb 3 2016, 6:24 PM
Freddie Mac's economists are expressing concerns about what
they see as economic headwinds revealed by some recently released
indicators. In thei...
Tue, Feb 2 2016, 10:55 AM
Once again a report on home price changes indicates that appreciation
has not yet slowed . CoreLogic issued a
report on its Home Price Index for D...
Mon, Feb 1 2016, 12:26 PM
Black Knight Financial Services took close-up looks at both
home affordability and the recent surge in cash-out refinancing in its new Mortgage ...
Mon, Feb 1 2016, 12:13 PM
Construction spending scrambled back into positive territory
by a tiny bit in December, gaining 0.1 percent from November's level to an
estimated ...
Fri, Jan 29 2016, 2:59 PM
Are the big companies who have purchased large number of
single-family homes over the last few years looking for a quick profit or are
they in the...
Thu, Jan 28 2016, 10:39 AM
And we have a trifecta!
All three of the home sales indicators for December have now come in
positive, although the latest, pending sales, did so l...
Thu, Jan 28 2016, 2:00 PM
There was a slight uptick in the market
share of distressed home sales in November.
Sales of lender-owned houses (REO) and short sales accounted fo...
Wed, Jan 27 2016, 10:41 AM
New home sales more or less blew away the experts in
December, coming in at a seasonally adjusted annual rate of 544,000 units. The Census Bureau ...
Wed, Jan 27 2016, 9:09 AM
Refinancing continued to buoy up mortgage application volume during the
week ended January 22 as interest rates fell back to levels last seen in th...
Tue, Jan 26 2016, 10:34 AM
No matter how much it is predicted, home
price gains are still failing to decelerate.
All three of the S&P/Case-Shiller indices were slightly highe...
Tue, Jan 26 2016, 4:20 PM
California has long been acknowledged as the trend-setting
state. Let's hope that isn't the case
for home prices. On the same day that
both S&P...
Fri, Jan 22 2016, 11:23 AM
It is hard to sort out the closings scheduled for December
from those delayed into the month from November by problems with the new
Truth-in-Lending...
Fri, Jan 22 2016, 6:27 PM
It was a year of significant improvement in the distressed
home arena. According to Black Knight
Financial Services there was a 22 percent decreas...
Thu, Jan 21 2016, 10:59 AM
In the midst of the Know Before You Owe or TRID rule implementation which she says " devoured the industry's bandwidth ," Faith Schwartz, Corelogic's ...
Thu, Jan 21 2016, 10:57 AM
After it jumped up by three full days
in November the average time to close a first mortgage loan stabilized in
December at 49 days. The November ...
Thu, Jan 21 2016, 10:48 AM
New home sales, according to an unofficial estimate from the Mortgage Bankers Association (MBA) declined by 5 percent
in December compared to the p...
Wed, Jan 20 2016, 10:31 AM
Both housing starts and residential construction permits
declined in December compared to November.
A joint release from the U.S. Census Bureau and...
Wed, Jan 20 2016, 9:00 AM
Applications
for mortgages rose significantly during the week ended January 15 as fixed rate
mortgage interest rates fell to the lowest levels sin...
Tue, Jan 19 2016, 10:59 AM
Builder confidence in the new home market, while on the surface unchanged
from December, has now dropped 5 points since establishing a decade-long ...
Tue, Jan 19 2016, 5:00 PM
Rising prices, especially in major cities like San
Francisco, Seattle, and Boston which hit new price highs in 2015 have created
renewed concerns a...
Fri, Jan 15 2016, 1:02 PM
Two factors appear poised to positively affect
the ability of households to purchase a home according to Fannie Mae's economists. In their initial...
Thu, Jan 14 2016, 10:50 AM
It seems at times that the wave of foreclosures will never
end. At the end of 2015, according to
RealtyTrac's 2015 U.S. Foreclosure Market Report r...
Thu, Jan 14 2016, 5:26 PM
Our old standby for information on all-things-CFPB has
slammed a new "fact sheet" issued by the agency regarding the treatment of construction-to-per...
Wed, Jan 13 2016, 9:34 AM
The weekly mortgage application report from the Mortgage Bankers
Association (MBA) was another recounting of a post-holiday rebound. Last Wednesday'...
Wed, Jan 13 2016, 4:36 PM
The
House Committee on Financial Services held its second day of hearings on
Wednesday regarding the National Flood Insurance Program (NFIP). N...
Tue, Jan 12 2016, 5:40 PM
The final rule for membership in the Federal Home Loan
Banking System (FHLBank) was announced on Tuesday by its regulator the Federal
Home Finance...
Tue, Jan 12 2016, 5:39 PM
The number of completed foreclosures nationwide in November was
down to about 30 percent of the level in the worst days of the housing crisis. CoreL...
Mon, Jan 11 2016, 4:07 PM
Consumers are displaying a bit of bearishness toward the
economy according a Federal Reserve Bank of New York's recent survey of how
they expect o...
Mon, Jan 11 2016, 4:00 PM
Years into the refinance boom Black Knight Financial
Services estimates there are still millions of homeowners who could qualify for
and benefit fro...
Thu, Jan 7 2016, 11:01 AM
Credit available as measured by the Mortgage Bankers
Association's (MBA's) Mortgage Credit Availability Index (MCAI) appeared to
have declined in De...
Wed, Jan 6 2016, 9:51 AM
The Mortgage Bankers Association (MBA) is playing catch-up this morning
after a two week holiday hiatus for its Weekly Mortgage Applications
Survey....
Tue, Jan 5 2016, 11:43 AM
Freddie Mac is dismissing concerns of some analysts that the
change in the Federal Reserve's monetary policy may bode ill for the housing
industry. ...
Tue, Jan 5 2016, 11:22 AM
Lots of flex in the estimates of home price increases as we
reach the end of the year. Last week
Case-Shiller put the number (as of October) at 5....
Mon, Jan 4 2016, 3:34 PM
California appears to have topped out in terms of price
increases, at least for the present.
While Black Knight Financial Services reports a 0.2 ...
Mon, Jan 4 2016, 3:29 PM
Both public and private spending on construction eased back
slightly in November. The Census Bureau
said on Monday that total construction spending...
Thu, Dec 31 2015, 1:46 AM
Sales of distressed properties made up 10.2 percent of total
home sales in October CoreLogic said on Tuesday. The October number represented a sli...
Wed, Dec 30 2015, 10:45 AM
Pending home sales dipped slightly in November, the third
time in four months they have done so. The
National Association of Realtors®
(NAR's) P...
Wed, Dec 30 2015, 3:26 PM
The Multi-Indicator Market Index (MiMi) produced by Freddie
Mac's Office of the Chief Economist shows that the U.S. housing market is
within the out...
Tue, Dec 29 2015, 12:25 PM
Home prices continue to confound predictions
of decelerating gains. The S&P/Case-Shiller National Home Price Index
gained 5.2 percent over the 12 ...
Mon, Dec 28 2015, 5:19 PM
The new RESPA-TILA Know Before You Owe regulations, commonly
called TRIID, was cited as a probable reason for a three day increase in the
average ti...
Thu, Dec 24 2015, 11:50 AM
Freddie
Mac's Office of the Chief Economist takes an intensive look at marketplace
lending in the December issue of its Insights
and Outlook . ...
Wed, Dec 23 2015, 10:51 AM
Newly constructed single-family homes continued to sell well
in November however October's earlier robust report was scaled down
dramatically . Th...
Wed, Dec 23 2015, 10:49 AM
There was, as expected
only a minimal immediate impact on either mortgage rates or mortgage
application volume in the few days following the Feder...
Tue, Dec 22 2015, 11:20 AM
Existing home sales declined considerably in November
although the National Association of Realtors, in reporting the data, blamed in part new
dis...
Mon, Dec 21 2015, 11:09 AM
Cash sales rose incrementally in
September while continuing to diminish as a share of all sales on a
year-over-year basis. CoreLogic, in it's
mont...
