Wed, Jan 19 2022, 4:06 PM
The Mortgage Bankers Association (MBA) has initiated a new monthly Loan Monitoring Survey , to replace its Weekly Forbearance and Call Volume Survey...
Wed, Jan 19 2022, 10:53 AM
Residential construction numbers exceeded expectations again in December. Most of the gains, however, came from the multifamily sector. The U.S. Ce...
Wed, Jan 19 2022, 8:46 AM
Interest rates for fixed rate mortgage products shot up by at least a dozen basis points during the week ended January 14, still the volume of purchas...
Tue, Jan 18 2022, 11:12 AM
Builder confidence stumbled a bit this month, breaking a four-month streak that had pushed moved the National Association of Home Builders (NAHB)/We...
Tue, Jan 18 2022, 9:52 AM
The refinance share of originations in November remained at 53 percent for the third month even though the average interest rate on 30-year fixed-ra...
Fri, Jan 14 2022, 11:21 AM
ATTOM says that foreclosure activity in the year just ended was at the lowest level since the company began tracking it in 2005. Foreclosure filings...
Wed, Jan 12 2022, 9:39 AM
There was a small uptick in purchase mortgage activity during the first week of 2022. Refinancing held its own despite significant increases in in...
Tue, Jan 11 2022, 2:58 PM
Mortgage credit loosened a bit last month but the Mortgage Bankers Association’s (MBA’s) Mortgage Credit Availability Index (MCAI) which measures cr...
Tue, Jan 11 2022, 2:51 PM
The National Association of Home Builders (NAHB) says that, after a few months of moderating lumber prices following the rapid runup in early spring...
Tue, Jan 11 2022, 10:44 AM
The national delinquency rate declined for the 7th consecutive month in October. CoreLogic’s Loan Performance Insights Report for the month says tha...
Mon, Jan 10 2022, 2:41 PM
Mortgage origination activity as measured by rate locks declined again in December. Black Knight’s Mortgage Originations Monitor said it marked the ...
Mon, Jan 10 2022, 11:57 AM
The gap in positive answers from consumers as to whether it is a good time or buy a home or to sell one widened in December, as attitudes toward buyin...
Fri, Jan 7 2022, 10:06 AM
The Consumer Financial Protection Agency (CFPB) says the big three credit reporting companies are still not playing well with others . A new report...
Wed, Jan 5 2022, 2:32 PM
The Federal Housing Finance Agency (FHFA) took steps today to meet one of the goals set forward in its 2022 Scorecard for the GSEs Fannie Mae and Fred...
Wed, Jan 5 2022, 10:26 AM
The Mortgage Bankers Association (MBA) closed, as they usually do, for the two-week holiday period. Its weekly report on mortgage application volume c...
Tue, Jan 4 2022, 10:50 AM
It is increasingly clear that the science, or perhaps it is an art, of home price forecasting could use some work. One year ago, in its report on Nove...
Mon, Jan 3 2022, 11:29 AM
Construction spending increased slightly in November compared to October and increased its lead year-over-year from the 7.5 percent improvement repo...
Wed, Dec 29 2021, 10:50 AM
When pending home sales jumped 7.5 percent in October rather than the fractional increase expected, Lawrence Yun, chief economist for the National A...
Tue, Dec 28 2021, 11:38 AM
Home price gains slowed slightly in October with both S&P CoreLogic Case-Shiller and the Federal Housing Finance Agency (FHFA) reporting lower annual ...
Tue, Dec 28 2021, 11:13 AM
With the overall inflation rate becoming a focus of concern, the attention paid to lumber prices over the spring and summer faded to background noise....
Mon, Dec 27 2021, 11:09 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.0 percent in November compared to a 15.7 percen...
Thu, Dec 23 2021, 1:05 PM
November was another one of those months for new home sales when the topline numbers look terrific. And then you take a second look. The U.S. Census B...
Thu, Dec 23 2021, 11:42 AM
While serious delinquencies remain a concern, homeowners are recovering quickly from pandemic induced mortgage delinquencies. Black Knight's "first lo...
Thu, Dec 23 2021, 11:36 AM
The Mortgage Bankers Association (MBA) is ending their business year, they will be closed until January 3, with their annual housing and economic fore...
Wed, Dec 22 2021, 11:19 AM
Existing home sales came in a little lower than expected in November, but it was still the third consecutive gain. The National Association of Realtor...
Wed, Dec 22 2021, 11:15 AM
The volume of mortgage applications dipped slightly during the week ended December 17, the second consecutive decline. The Mortgage Bankers Associatio...
Tue, Dec 21 2021, 11:57 AM
The first monthly report on the status of the COVID-19 related forbearance programs was released by the Mortgage Bankers Association (MBA) on Monday. ...
Mon, Dec 20 2021, 1:35 PM
Fannie Mae jumped up its forecast for real GDP on a Q4/Q4 basis this week, revising it from 4.8 percent in last month's report to 5.5 percent. The com...
Fri, Dec 17 2021, 2:56 PM
Even as home prices rise into the stratosphere home flipping remains an active endeavor, accounting for just under 6 percent of all home sale transact...
Thu, Dec 16 2021, 10:59 AM
Housing starts surged in November to the highest seasonally adjusted rate since March and the second highest in the last 12 months. The U.S. Census Bu...
Thu, Dec 16 2021, 10:57 AM
Both Fannie Mae and Freddie Mac are reminding homeowners and mortgage servicers that their disaster relief options are in effect for those affected by...
Wed, Dec 15 2021, 10:37 AM
Builder confidence in the new home market is finishing 2021 strong despite what the National Association of Home Builders (NAHB) says are inflation co...
Wed, Dec 15 2021, 10:35 AM
Mortgage application volume moved lower last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, f...
Tue, Dec 14 2021, 3:18 PM
The current acting director of the Federal Housing Finance Agency has been nominated to officially run the agency. The White House announced on Tuesda...
Tue, Dec 14 2021, 12:42 PM
September marked additional improvement in loan performance nationwide. CoreLogic says the national delinquency rate, loans that were 30 or more days ...
Mon, Dec 13 2021, 11:48 AM
Black Knight reports that rate locks, as measured by the company's Market Volume Index, declined 4.7 percent from October to November. Those for refin...
Fri, Dec 10 2021, 10:50 AM
Access to jumbo mortgage credit continued to increase in November, but the Mortgage Bankers Association (MBA) says it is still down significantly from...
Thu, Dec 9 2021, 11:14 AM
On Wednesday CoreLogic reported that prices in October were up 18 percent on an annual basis, the highest level in more than 45 years and identical to...
Thu, Dec 9 2021, 11:08 AM
LIBOR has taken longer to exit the stage than Lawrence Olivier, but the final curtain call is coming for the index. The Consumer Financial Protection ...
Wed, Dec 8 2021, 11:38 AM
Black Knight's Mortgage Monitor for the month of October looks at current delinquency statistics and their potential downstream effects on inventory a...
Wed, Dec 8 2021, 10:52 AM
The combination of lower rates and a post-holiday business week made mortgage application activity during the week ended December 3 more than a little...
Tue, Dec 7 2021, 4:50 PM
The chief finding from Fannie Mae's November National Housing Survey (NHS) was an increase in consumer pessimism. The company says respondents to the ...
Tue, Dec 7 2021, 4:46 PM
While it is clear that the growth of home prices has started to slow, reports on the results of the deceleration are diverging . Earlier this week Bla...
Fri, Dec 3 2021, 4:25 PM
A new report from ATTOM says that the number of mortgage originations dropped sharply in the third quarter. The company says there were 3.59 million r...
Thu, Dec 2 2021, 11:26 AM
Like a rising tide, rising prices are pushing a lot of other financial elements higher. Earlier this week surging home prices drove a near $100K incre...
Wed, Dec 1 2021, 4:55 PM
National spending on construction spending rose slightly in October, but for the second month in a row, the increase wasn't driven by the residential ...
Wed, Dec 1 2021, 11:05 AM
Thanksgiving week, a three-day business week for many, saw the usual sharp decline in mortgage activity although purchase applications remained season...
Tue, Nov 30 2021, 12:55 PM
While the profits were nowhere near 2020 levels, independent mortgage banks and mortgage subsidiaries of chartered banks reported their third quarter ...
Tue, Nov 30 2021, 12:52 PM
The new conforming loans limits for mortgages that can be acquired by Fannie Mae and Freddie Mac were announced this morning by the Federal Housing Fi...
Tue, Nov 30 2021, 11:29 AM
The old adage about waiting for the kettle to boil could be applied to the widely predicted deceleration of home price appreciation. It seems to be ha...
