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...
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 ...
