Wed, Sep 29 2021, 10:46 AM
Mortgage application volume edged slightly lower during the week ended September 24 , with purchase and finance applications sharing in the dip. The M...
Tue, Sep 28 2021, 1:38 PM
Two important members of the real estate community issued reports related to the impact of climate change within the last week. The Mortgage Bankers A...
Tue, Sep 28 2021, 1:17 PM
The Federal Housing Finance Agency (FHFA) and all three of the S&P CoreLogic Case-Shiller price indices posted annual price gains in excess of 19 perc...
Fri, Sep 24 2021, 11:36 AM
Sales of newly constructed homes performed better than expected in August but remain well behind the pace set in August 2020. The U.S. Census Bureau a...
Thu, Sep 23 2021, 3:54 PM
Homeowner equity grew $2.9 trillion nationwide from the second quarter of 2020 to the same quarter this year. CoreLogic's Homeowner Equity Report show...
Thu, Sep 23 2021, 3:52 PM
Delinquencies hit a new post-pandemic low in August as the national delinquency rate fell by 84,000 loans or 3.48 percent compared to July. It was 41....
Thu, Sep 23 2021, 3:49 PM
Existing home sales ended two months of gains in August, falling 2.0 percent on a seasonally adjusted basis from the previous month. The National Asso...
Wed, Sep 22 2021, 8:10 AM
The Mortgage Bankers Association (MBA) estimates that there were 17 percent fewer applications for new home purchases in August than in July, but thos...
Wed, Sep 22 2021, 8:08 AM
The volume of applications for first mortgages grew by 4.9 percent on a seasonally adjusted basis during the first full week after Labor Day. The Mort...
Tue, Sep 21 2021, 11:36 AM
Residential construction numbers were a surprise again in August. Permits for construction and housing starts were both higher than expected, however,...
Tue, Sep 21 2021, 11:34 AM
A cluster of stories about appraised values of homes in minority areas hit the national news earlier this summer and now Freddie Mac has released an a...
Mon, Sep 20 2021, 11:23 AM
Builder confidence edged its way higher in September, ending a three-month slump. The National Association of Home Builders (NAHB) reports that the NA...
Fri, Sep 17 2021, 1:19 PM
The number of homes flipped by investors grew by 3.5 percent in the second quarter of the year. It was the first increase in more than a year. ATTOM s...
Fri, Sep 17 2021, 11:21 AM
Another powerful group of federal officials are in the hotseat after details of their personal finances were revealed. While there are no accusations ...
Thu, Sep 16 2021, 11:02 AM
Refinancing and home purchases had a nearly even share of mortgage originations in July. ICE Mortgage Technology said that 50 percent of closed loans ...
Wed, Sep 15 2021, 10:51 AM
Today there are 400,000 homeowners in their final month of forbearance and another 1.2 million still in the program as it winds down, thus, it is prob...
Wed, Sep 15 2021, 10:19 AM
The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury announced late Tuesday that they were suspending some of the provisi...
Wed, Sep 15 2021, 10:17 AM
The traditional end of summer was accompanied by a tiny boost in the volume of mortgage applications. The Mortgage Bankers Association said its season...
Fri, Sep 10 2021, 3:25 PM
With interest rates expected to rise and most homeowners who could benefit from refinancing having done so, mortgage bankers are not expecting the som...
Fri, Sep 10 2021, 2:17 PM
The other shoe didn't drop last month, but maybe the laces did start to unravel. ATTOM reports that, within a month after the government's pandemic-re...
Fri, Sep 10 2021, 11:06 AM
There was a huge reduction in the number of borrowers in COVID-19 related forbearance plans over the last week as servicers plowed through the remaini...
Thu, Sep 9 2021, 3:54 PM
Higher interest rates pushed refinancing lower in August and lenders moved to generate more origination activity. That, in part, led to an increase in...
Thu, Sep 9 2021, 3:52 PM
American homeowners got $20,000 richer in the second quarter just sitting in their family room. Black Knightâs newest Mortgage Monitor says that was t...
Thu, Sep 9 2021, 11:28 AM
The GSEs, Fannie Mae and Freddie Mac, will be required to submit Equitable Housing Finance Plans to their regulator the Federal Housing Finance Agency...
Tue, Sep 7 2021, 2:42 PM
Consumers felt a little better about the wisdom of buying a home last month than they did in July, although that isn't saying a lot. Fannie Mae says 3...
Tue, Sep 7 2021, 11:15 AM
Americans are continuing the trend started at the beginning of the pandemic 19 months ago, seeking larger homes in areas with lower density and prices...
Fri, Sep 3 2021, 12:32 PM
Black Knight estimates that nearly 630,000 forbearance plans, more than one-third of those currently active, are slated for review this month. Of thos...
Fri, Sep 3 2021, 12:27 PM
Fannie Mae and Freddie Mac are running away with new home financing. The National Association of Home Builders (NAHB) estimates that conventional loan...
Thu, Sep 2 2021, 2:49 PM
The U.S. Census Bureau says July's expenditures on all types of construction was at a seasonally adjusted rate of $1.569 trillion compared to $1.563 t...
Thu, Sep 2 2021, 11:27 AM
The Department of Housing and Urban Development (HUD) has announced a series of actions aimed at assisting in the Biden Administrations goal of creati...
Wed, Sep 1 2021, 11:05 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 8.4 percent in July compared to a 12.9 percent gai...
Wed, Sep 1 2021, 11:04 AM
Mortgage application volume declined again last week , dragged down by flagging refinance activity. The Mortgage Bankers Association (MBA) says its Ma...
Tue, Aug 31 2021, 11:09 AM
In a report released on Monday, CoreLogic recaps investor activity in the housing market over the last decade. Its Investor Homebuying Report highligh...
Tue, Aug 31 2021, 11:05 AM
Annual price gains remained at a double-digit pace in June. Both The S&P CoreLogic Case-Shiller indices and the Federal Housing Finance Agency's (FHFA...
Mon, Aug 30 2021, 12:22 PM
Both Fannie Mae and Freddie Mac (the GSEs) have told their borrowers and mortgage servicers that they are offering immediate relief options to those a...
Mon, Aug 30 2021, 10:53 AM
While existing home sales have increased in the last two months after a four-month slump, those sales don't look especially bright as we head into the...
Wed, Aug 25 2021, 2:32 PM
Early in the pandemic (Version I) there were a lot of theories advanced about its lasting effects on housing. Some of the theories were fanciful. Thes...
Wed, Aug 25 2021, 10:45 AM
Both refinance and purchase applications increased slightly last week , and the Mortgage Bankers Association (MBA) said its Market Composite Index, a ...
Wed, Aug 25 2021, 10:25 AM
The profits of independent mortgage banks and bank mortgage subsidiaries took their third straight tumble in the second quarter of this year. Those pr...
Tue, Aug 24 2021, 11:00 AM
New home sales recovered slightly in July after two months which saw the annual rate of sales dip by an aggregate of more than 100,000 units. The U.S....
Mon, Aug 23 2021, 2:11 PM
Existing homes sales posted the second consecutive increase in July after breaking out of a slump in June that had endured for four months. The Nation...
Fri, Aug 20 2021, 1:42 PM
Fannie Mae's economists provided a mixed forecast this month. The baseline view of the company's Economic and Strategic Research (ESR) group is for th...
Fri, Aug 20 2021, 1:39 PM
The federal foreclosure moratoria expired at the end of July and, with some 1.45 million borrowers seriously delinquent on their mortgages but not in ...
Thu, Aug 19 2021, 5:25 PM
It seemed like a simple solution for expanding the credit profile of many first-time homebuyers, but Fannie Mae's new plan to utilize rent payment his...
Thu, Aug 19 2021, 5:20 PM
The July report on residential construction from the U.S. Census Bureau and Department of Housing and Urban Development shows that permits increased d...
Wed, Aug 18 2021, 8:09 AM
Mortgage application volume was lower over the last week, continuing the up-one-week, down-the-next pattern it has displayed since late June. The Mort...
Tue, Aug 17 2021, 3:34 PM
Mortgage applications for the purchase of newly built homes fell sharply in July, but the Mortgage Bankers Association (MBA) said it expects new home ...
Tue, Aug 17 2021, 12:36 PM
Fears about construction costs, supply shortages, and concern over fast rising home prices acted to deflate builder confidence this month. The Nationa...
Tue, Aug 17 2021, 12:32 PM
While home prices have been posting record increases for months, it appears that rents are trying to keep up. CoreLogic says the connection is clear. ...
Fri, Aug 13 2021, 11:16 AM
The number of loans in forbearance dropped by 83,000 over the last week. This is on top of a 71,000 loan reduction during the first few days of August...
