Wed, Feb 2 2022, 9:23 AM
Mortgage volume during the week ended January 28 recovered from a 7 percent decline the previous week to post the largest non-holiday related gain sin...
Tue, Feb 1 2022, 11:49 AM
Home prices averaged year-over-year gains of 15 percent over the 12 months of 2021 compared to an average gain of 6.0 percent in 2020. CoreLogic’s H...
Tue, Feb 1 2022, 9:58 AM
The monthly Originations Insight Report from ICE Mortgage Technology typically shows only incremental changes in loan characteristics from month to ...
Mon, Jan 31 2022, 3:09 PM
ATTOM’s 2021 year-end report on the housing market found it was far from a typical year. The company noted a number of recent or all-time highs and lo...
Mon, Jan 31 2022, 11:28 AM
The Gross Domestic Product (GDP) grew 6.9 percent in the fourth quarter of 2021, bringing the year’s growth to an expected 5.5 percent, the fastest s...
Thu, Jan 27 2022, 11:13 AM
CoreLogic reports it saw the incidence of mortgage fraud soar 37 percent last year. The fraud risk had declined through most of 2019 and 2020 but is ...
Thu, Jan 27 2022, 11:05 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 13.1 percent in December compared to a 12.0 pe...
Thu, Jan 27 2022, 10:33 AM
Pending home sales fell for the second month in December and are finishing up the year well below their December 2020 level. The National Associatio...
Wed, Jan 26 2022, 11:32 AM
New home sales finished the year less spectacularly than they started it, but the 11.9 percent month-over-month increase was the best since last Mar...
Wed, Jan 26 2022, 8:33 AM
Even for a week containing a holiday, last week was a bad one. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of ...
Tue, Jan 25 2022, 11:02 AM
Annual increases in each of the three S&P CoreLogic Case-Shiller indices slowed fractionally from October to November. However, the rate of appreciati...
Mon, Jan 24 2022, 3:51 PM
The National Association of Home Builders (NAHB) says the effects of higher home prices and tight inventories appear to be weighing on home buying de...
Mon, Jan 24 2022, 12:45 PM
Freddie Mac’s first quarterly forecast for 2022 cites the need for improvement in the nation’s employment picture. Even though the December report fro...
Fri, Jan 21 2022, 2:18 PM
While new home sales have been performing well over the last few months, the Mortgage Bankers Association (MBA) expects a stumble in December. Its Bui...
Fri, Jan 21 2022, 2:14 PM
In its first look at December’s loan performance data, Black Knight notes that 2021 ended with the foreclosure inventory at an all-time low and the ...
Thu, Jan 20 2022, 2:23 PM
Fannie Mae’s Economic & Strategic Research (ESR) Group writes that it expects 2022 to be a year “of transition for both the economy and the housing ma...
Thu, Jan 20 2022, 11:36 AM
Existing home sales dropped in December, snapping a three-month streak of increases. The National Association of Realtors® (NAR) said the month’s sale...
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...
