Fri, Jan 22 2021, 1:00 PM
Optimism is running high in Fannie Mae's first Economic and Housing Outlook of the year. The company's Economic and Strategic Research (ESR) team says...
Wed, Jan 20 2021, 11:45 AM
After setting three successive record highs, most recently a 90 level in November , the pandemic and rising construction costs are taking a toll on th...
Wed, Jan 20 2021, 9:15 AM
The Mortgage Bankers Association (MBA) estimates that applications for the purchase of newly built homes rose only 0.2 percent from November to Decemb...
Fri, Jan 15 2021, 10:19 AM
Freddie Mac's first quarter 2021 economic forecast is unusually short, and, unlike recent forecasts from either of the GSEs, has relatively few revisi...
Thu, Jan 7 2021, 5:32 PM
That the pandemic is worse today than it was last spring appears to be finally dawning on a lot of consumers and the Home Purchase Sentiment Index (HP...
Thu, Jan 7 2021, 11:49 AM
While COVID-19 has wreaked havoc on most of the economy last year, Wells Fargo's Securities Economic Group says many of the responses to the pandemic ...
Tue, Jan 5 2021, 11:06 AM
Home prices rose another 1.1 percent in November according to the CoreLogic report on its Home Price Index. The year-over-year gain was 8.2 percent , ...
Wed, Dec 30 2020, 11:28 AM
Pending home sales slid for the third straight month in November and the 2.6 percent decline was the largest of the three. The National Association of...
Wed, Dec 23 2020, 12:11 PM
New home sales essentially fell of a cliff in November. The U.S. Census Bureau and the Department of Housing and Urban Development said on Wednesday t...
Tue, Dec 22 2020, 11:26 AM
Existing home sales finally took a breather in November, breaking a five month stretch of gains, often substantial ones. The National Association of R...
Wed, Dec 16 2020, 12:27 PM
After setting successive survey highs in September, October, and November, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market...
Wed, Dec 16 2020, 10:09 AM
The Mortgage Bankers Association (MBA) says applications for new home purchases suffered a significant downturn in November but remain well above the ...
Wed, Dec 16 2020, 9:36 AM
A recent spate of positive news has allowed Fannie Mae to upgrade several pieces of its economic forecast this month. The approval of at least one COV...
Wed, Dec 16 2020, 9:35 AM
Twenty-three housing and economic experts have told the National Association of Realtors® (NAR) they expect the post-pandemic economic rebound to cont...
Wed, Dec 2 2020, 8:08 AM
There was the usual disruption to mortgage application activity during the Thanksgiving holiday week that ended November 27, although the volume, espe...
Mon, Nov 30 2020, 10:44 AM
Pending home sales, which ended a four-month streak of gains in September with a 2.2 percent decline, slipped further in October. The National Associa...
Wed, Nov 25 2020, 11:25 AM
Sales of newly constructed single-family homes slipped slightly in October; the second month sales have declined. The U.S. Census Bureau and Departmen...
Wed, Nov 25 2020, 9:21 AM
Refinancing increased its already overwhelming dominance of the mortgage market during the week ended November 20. The Mortgage Bankers Association (M...
Thu, Nov 19 2020, 11:10 AM
The hot home sales market continued unabated in October. The National Association of Realtors® (NAR) reports that existing home sales grew for the fif...
Wed, Nov 18 2020, 9:06 AM
The Mortgage Bankers Association's (MBA's) November 2020 economic forecast ups the ante from its rosy October version. Its revisions are due to the st...
Tue, Nov 17 2020, 11:54 AM
For the third straight month the level of builder confidence in the new home market set a record high . The National Association of Home Builders (NAH...
Tue, Nov 10 2020, 12:25 PM
Extremely serious delinquencies, those loans 150 days or more past due, reached historically high levels in August. Five months into the COVID-19 cris...
Thu, Oct 29 2020, 10:21 AM
Pending home sales faltered a bit in Septembe r, like new home sales announced earlier this week, the decline ended a four-month winning streak. The N...
Wed, Oct 28 2020, 11:43 AM
Mortgage application volume rose slightly during the week ended October 23. The Mortgage Bankers Association (MBA) said its Market Composite Index, a ...
Mon, Oct 26 2020, 11:04 AM
New home sales declined in September for the first time since April. The U.S. Census Bureau and the Department of Housing and Urban Development said s...
Fri, Oct 23 2020, 10:46 AM
The contribution made to household wealth by homeownership is underlined in ATTOM Data Solutions' third-quarter U.S. Home Sales Report . The company s...
Thu, Oct 22 2020, 11:41 AM
Existing home sales rose again in September and are now blowing the doors off last year's numbers. The National Association of Realtors® says sales of...
Thu, Oct 22 2020, 9:16 AM
Purchase mortgage originations are expected to hit a new record high of $1.54 trillion next year. That forecast, which would be an increase of 8.5 per...
Mon, Oct 19 2020, 1:31 PM
While applications for new home purchase mortgages jumped in September, the Mortgage Bankers Association (MBA) expects only modest changes in the Sept...
Mon, Oct 19 2020, 10:33 AM
For only the second time in its 35-year history, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) topped 80 thi...
Thu, Oct 15 2020, 12:09 PM
Although the housing market continues to show strength, Freddie Mac economists say there are increasingly troubling signs in the larger economy. The t...
Wed, Sep 30 2020, 10:04 AM
Contracts for existing home purchases rose for the fourth straight month in August and more than doubled the increase expected by most analysts. The N...
Thu, Sep 24 2020, 11:54 AM
Once again new home sales exceeded expectations, this time by a lot. Sales of newly built homes rose 4.8 percent in August, to a seasonally adjusted a...
Tue, Sep 22 2020, 11:26 AM
Existing home sales continued on a roll for the third consecutive month, hitting the highest level in August since December 2006. The National Associa...
Mon, Sep 21 2020, 11:31 AM
Fannie Mae has upgraded its forecast for the third quarter gross domestic product (GDP). It now expects growth at an annualized pace of 30.4 percent ,...
Fri, Sep 18 2020, 12:40 PM
One out of every 15 home sales in the second quarter of the year were defined as "flips" by ATTOM Data Solutions. A flip is any arms-length transactio...
Wed, Sep 16 2020, 4:22 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) set a new high this month, breaking a record that it set only ...
Fri, Sep 11 2020, 8:15 AM
The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) continued to drop in August, an indication that lending standards...
Thu, Aug 27 2020, 10:17 AM
July marked the third consecutive outsized increase in the Pending Home Sales Index (PHSI) produced by the National Association of Realtors® (NAR) It ...
Tue, Aug 25 2020, 12:02 PM
New home sales were expected to dip slightly in July after posting 13.8 percent growth in June and setting a 13-year high. Instead, the June sales wer...
Fri, Aug 21 2020, 11:38 AM
Existing-home sales posted a second month of significant sales gains in July, building on a record 20.7 percent increase in June. The National Associa...
Mon, Aug 17 2020, 4:06 PM
At the midway point of the current (3 rd ) quarter Fannie Mae is looking for a huge improvement in the gross domestic product (GDP). The company's Eco...
Mon, Aug 17 2020, 10:21 AM
Builders have tied their 32-year old record for confidence as measured by the National Association of Home Builders/Wells Fargo Housing Market Index (...
Thu, Aug 13 2020, 12:14 PM
The Mortgage Bankers Association (MBA) is predicting another strong month for new home sales. The association says its Builder Application Survey (BAS...
Thu, Aug 6 2020, 11:43 AM
Foreign buyers cut back their investment in U.S. residential properties over the 12 months that ended in March. It was the second year-over-year decli...
Wed, Jul 29 2020, 10:59 AM
Pending home sales soared again in June, although the liftoff was relatively shallow compared to the 43 percent increase in May. The National Associat...
Fri, Jul 24 2020, 11:00 AM
New Home sales have done it again, rising for the third straight month. The U.S. Census Bureau and Department of Housing and Urban Development estimat...
Wed, Jul 22 2020, 11:35 AM
Existing home sales ended a three-month string of losses arising out of the COVID-19 pandemic with a flourish, soaring by 20.7 percent from May to Jun...
Thu, Jul 16 2020, 10:33 AM
Economists talk about the potential for a V shaped recovery from the pandemic and that is exactly the pattern displayed by the National Association of...
Wed, Jul 15 2020, 1:02 PM
The Mortgage Bankers Association (MBA) is expecting new home sales to spike again in June, based on results of its Builder Application Survey (BAS). T...
