Mon, Nov 29 2021, 11:05 AM
The number of signed contracts for the purchase of existing homes made another significant about face in October. The National Association of Realtors...
Wed, Nov 24 2021, 1:51 PM
The Mortgage Bankers Association (MBA) reports that the volume of loan applications submitted during the week ended November 19 increased slightly, co...
Wed, Nov 24 2021, 10:47 AM
New home sales improved slightly on the unexpected, reported surge in September and still managed to disappoint. The U.S. Census Bureau and the Depart...
Mon, Nov 22 2021, 11:11 AM
Existing home sales moved higher in October, the second consecutive month of growth . The National Association of Realtors® (NAR) said sales of pre-ow...
Fri, Nov 19 2021, 12:45 PM
The ink wasn’t dry on Fannie Mae’s October economic forecast when the month’s Consumer Price Index (CPI) was published showing an inflation rate two-t...
Thu, Nov 18 2021, 11:22 AM
Refinancing continued to account for the largest share of mortgage originations in September, 53 percent of the total compared to 52 percent in Octobe...
Wed, Nov 17 2021, 10:31 AM
Residential construction numbers were mixed in October. The U.S. Census Bureau and Department of Housing and Urban Development report an increase in c...
Wed, Nov 17 2021, 10:26 AM
After its 5.8 percent jump the previous week, the Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of mortgage application vol...
Tue, Nov 16 2021, 11:26 AM
The Mortgage Bankers Association (MBA) is expecting that a higher volume of new home sales occurred in October than in the previous month, even as pur...
Tue, Nov 16 2021, 11:20 AM
The National Association of Home Builders (NAHB) said builder confidence in the new home sales market increased in November for the third consecutive ...
Mon, Nov 15 2021, 10:57 AM
The National Association of Realtors® (NAR), holding its annual conference in San Diego, heard from chief economist Lawrence Yun about the prospects f...
Fri, Nov 12 2021, 1:21 PM
Foreclosure filings increased in the fourth month following the July 31 expiration of the pandemic related moratorium. ATTOM says those filings were u...
Fri, Nov 12 2021, 1:20 PM
The universe of mortgage regulators issued a joint statement on Wednesday, notifying servicers that they intend to again enforce "critical protections...
Wed, Nov 10 2021, 3:52 PM
The national delinquency rate has seen a massive improvement over the last year. The Mortgage Bankers Association (MBA) reports that, at the end of th...
Wed, Nov 10 2021, 11:13 AM
Consumer attitudes toward both buying and selling improved in October, although the number who feel it is a good time to buy a home remains at record ...
Wed, Nov 10 2021, 9:44 AM
Refinancing rebounded during the week ended November 5, driving the volume of mortgage applications to their largest week-over-week increase since lat...
Tue, Nov 9 2021, 3:56 PM
Mortgage credit availability did little to crawl back to pre-pandemic levels last month. The Mortgage Bankers Association said its Mortgage Credit Ava...
Tue, Nov 9 2021, 3:53 PM
Black Knight says rate locks declined 5.9 percent in October on top of a 10 percent decrease in September. Purchase mortgage locks and those for cash-...
Mon, Nov 8 2021, 11:28 AM
One of the original and most well-known housing market IBuyers has bit the dust. Zillow announced last week that it is discontinuing its Zillow Offers...
Fri, Nov 5 2021, 11:11 AM
Following a quiet week in which only 19,000 homeowners exited forbearance, Black Knight reports that the week ended November 2nd saw 85,000 departures...
Thu, Nov 4 2021, 4:31 PM
The block purchases of single-family houses by institutional investors, which began during the housing and foreclosure crisis, was first credited with...
Thu, Nov 4 2021, 4:27 PM
Freddie Mac is joining Fannie Mae in including timely rent payments into the assessment of homebuyer credit. Fannie Mae's president, Hugh Frater annou...
Wed, Nov 3 2021, 9:05 AM
The U.S. Census Bureau reports that homeownership was unchanged in the third quarter of 2021 from the rate in the second quarter, 65.4 percent, but wa...
Wed, Nov 3 2021, 9:04 AM
The volume of mortgage applications as measured by the Mortgage Bankers Association's (MBA's) Market Composite Index declined during the week ended Oc...
Tue, Nov 2 2021, 3:58 PM
CoreLogic says that demand for homebuying remained strong through the end of summer. Along with the ongoing shortage of available homes, demand drove ...
Tue, Nov 2 2021, 3:51 PM
Construction spending decreased 0.5 percent from August to September according to data released by the U.S. Census Bureau. Total spending was at a sea...
Mon, Nov 1 2021, 1:18 PM
Fannie Mae and Freddie Mac (the GSEs) reported their respective third quarter 2021 financial results on Friday. Both posted significant increases in n...
Mon, Nov 1 2021, 12:01 PM
Black Knight says that, amid all of the aid and stimulus provided to keep the economy rolling along during the pandemic, one aspect that doesn't get a...
Fri, Oct 29 2021, 11:39 AM
The Millennial Generation, adults born between 1981 and 1996, were late bloomers when it came to buying a home. They came of age just in time to be cl...
Fri, Oct 29 2021, 11:33 AM
There was a big jump in the incidence of mortgage fraud over the course of the last year. CoreLogic's annual report for the second quarter of 2021 rep...
Thu, Oct 28 2021, 11:17 AM
There were further indications in August that home price gains are beginning to slow. The appreciation rate of the Federal Housing Finance Agency's (F...
Thu, Oct 28 2021, 11:04 AM
The 8.1 percent increase in pending home sales in August, the first gain in three months, didn't start a trend. The National Association of Realtors® ...
Wed, Oct 27 2021, 10:53 AM
Applications for purchase mortgages recovered from a 5 percent drop the prior week to drive a small increase in overall volume during the week ended O...
Tue, Oct 26 2021, 10:49 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 17.4 percent in September compared to a 23.7 perce...
Tue, Oct 26 2021, 10:48 AM
Sales of newly constructed homes surged unexpectedly in September, reaching the highest rate since March . However, a downward revision in the August ...
Thu, Oct 21 2021, 4:27 PM
Existing home sales resumed an upward trajectory in September after dipping 2.0 percent in August. The National Association of Realtors® (NAR) said sa...
Wed, Oct 20 2021, 10:22 AM
The volume of applications for mortgages to purchase newly constructed homes plunged in September, falling 16.2 percent from the September 2020 level ...
Wed, Oct 20 2021, 10:20 AM
Mortgage application volume fell sharply last week, the second decline of more than 6 percent in the past three weeks. Refinancing was down for the fo...
Tue, Oct 19 2021, 2:08 PM
Both Fannie Mae and Freddie Mac (the GSEs) will be expanding their low-income refinance programs to include those making at or below 100 percent of an...
Tue, Oct 19 2021, 10:36 AM
Both permits and housing starts fell in September following an unanticipated increase the previous month. Where the August gains were driven primarily...
Mon, Oct 18 2021, 12:21 PM
Members of the Mortgage Bankers Association (MBA) are holding their annual convention in San Diego this week and the opening day was accompanied by th...
Mon, Oct 18 2021, 12:19 PM
Home builders apparently pushed aside current concerns about supply chain disruptions to display increased confidence in the new home market in Octobe...
Fri, Oct 15 2021, 1:32 PM
The number of homeowners in forbearance receded at a brisk clip last week as the first wave of final expirations continues. Black Knight reports the n...
Fri, Oct 15 2021, 11:18 AM
As was probably inevitable, foreclosure files rose significantly in the third quarter of 2021 and appeared to accelerate in the last month of that qua...
Fri, Oct 15 2021, 10:55 AM
Consumers continue to have divergent opinions about the current environment for buying and selling a home. Fannie Mae says its September National Hous...
Thu, Oct 14 2021, 10:47 AM
Refinancing again dominated mortgage originations in August after falling below a 50 percent market share in both June and July. ICE Mortgage Technolo...
Wed, Oct 13 2021, 10:31 AM
The volume of mortgage applications ticked up last week for the first time in three weeks, but an uptick was the extent of it. The Mortgage Bankers As...
Tue, Oct 12 2021, 4:14 PM
A new report from the National Association of Realtors (NAR) says housing affordability in the U.S. improved in August for the second straight month. ...
Tue, Oct 12 2021, 11:04 AM
While the company estimates that about one million homeowners have not made a monthly mortgage payment in more than a year, CoreLogic says conventiona...
Tue, Oct 12 2021, 11:01 AM
Access to jumbo mortgages increased nearly 6 percent in September, pulling the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Ind...
