Thu, Dec 13 2018, 9:58 AM
The Mortgage Bankers Association (MBA) added a little more evidence to the pile indicating a rather rapid slow-down in the housing market. MBA's Build...
Tue, Dec 4 2018, 12:04 PM
It is often billed as the most important and consequential financial decision a household can makes, so it probably follows that buying a home should ...
Thu, Nov 29 2018, 10:24 AM
Pending home sales in October failed to build on their small September gains - only the second uptick in six months. The Pending Home Sales Index (PHS...
Wed, Nov 28 2018, 11:53 AM
With both interest rates and home prices rising it is nearly impossible to find a housing forecast that doesn't include the word " cooling ." The Nove...
Wed, Nov 28 2018, 11:16 AM
New home sales were expected to make a strong showing in October; the consensus of analysts polled by Econoday was for a sharp increase from the Septe...
Wed, Nov 21 2018, 11:55 AM
Existing home sales broke their extended losing streak in October, increasing 1.4 percent from September to a seasonally adjusted annual rate of 5.22 ...
Mon, Nov 19 2018, 10:32 AM
Builder confidence took a steep dive this month, reflecting increasing news of slowing home sales and rising concerns over affordability. The National...
Fri, Nov 16 2018, 12:16 PM
The Mortgage Bankers Association (MBA) notes that applications for the purchase of new homes declined by 2.1 percent in October compared to the same m...
Tue, Nov 13 2018, 11:17 AM
It may be that California, where home prices have exploded over the last few years, has jumped the shark when it comes to affordability. CoreLogic's A...
Thu, Nov 1 2018, 11:23 AM
Single family home prices increased during the third quarter of 2018 in 93 percent or 166 of the 178 metropolitan areas tracked by the National Associ...
Tue, Oct 30 2018, 4:07 PM
Freddie Mac is forecasting that there will be GDP growth of 3.0 percent in the second quarter of this year, moderating from the strong 4.2 percent gro...
Tue, Oct 30 2018, 10:53 AM
The S&P CoreLogic Case-Shiller U.S. National Home Price Index for August showed an annual appreciation rate that was lower than 6.0 percent for the fi...
Mon, Oct 29 2018, 1:29 PM
The National Association of Realtors® (NAR) says its 2018 Profile of Home Buyers and Sellers confirms that student debt balances are an increasing con...
Thu, Oct 25 2018, 10:26 AM
The National Association of Realtors® (NAR) just issued the first positive pending home sales report in months . Pending sales, a leading indicator fo...
Wed, Oct 24 2018, 11:06 AM
New home sales managed to pull out a gain last time they were reported. The question was, with an improving inventory but rising interest rates, could...
Fri, Oct 19 2018, 8:07 PM
Fannie Mae's Economic and Strategic Research (ESR) group is still expecting that economic growth will "likely" be solid in the third quarter, but they...
Fri, Oct 19 2018, 11:02 AM
Existing home sales slipped in September, following a month in which sales were almost totally flat. The National Association of Realtors® (NAR) said ...
Wed, Oct 17 2018, 8:25 AM
Purchase mortgage originations are expected to increase a bit in 2019, but not by enough to offset the continuing decline in refinancing. A forecast f...
Tue, Oct 16 2018, 10:54 AM
Builder confidence ticked up 1 point in October, rising to 68. The National Association of Home Builders (NAHB), which produces the NAHB/Wells Fargo H...
Fri, Oct 12 2018, 8:26 AM
The Mortgage Bankers Association (MBA) reports a drop in applications for the purchase of newly constructed homes last month. Those applications fell ...
Tue, Oct 9 2018, 8:29 AM
Hurricane Florence, the storm that tore up much of eastern North and South Caroline in September, may be especially disastrous in terms of VA loans. B...
Thu, Sep 27 2018, 10:37 AM
The leading indicator for existing home sales continued to struggle in August and for the fourth time in the last five months purchase contract execut...
Wed, Sep 26 2018, 10:44 AM
New Home Sales posted a month-over-month increase for the first time since May according to Wednesday's report from the U.S. Census Bureau and the Dep...
Tue, Sep 25 2018, 10:39 AM
Both of the major home price indexes that were released this morning showed continued deceleration in the rate of appreciation, even though July is us...
Mon, Sep 24 2018, 12:18 PM
Freddie Mac's Economic and Housing Research Group said on Monday that the U.S. economy and job market are firing on nearly all cylinders , "but the ho...
Thu, Sep 20 2018, 11:25 AM
It was a disappointment, but at least it wasn't a loss. Existing home sales, which were expected to increase in August after four straight months of d...
Tue, Sep 18 2018, 10:29 AM
Builder confidence in the market for newly-built single-family homes stabilized a bit in September. The National Association of Home Builders (NAHB)/W...
Mon, Sep 17 2018, 3:11 PM
The robust growth in the economy in the second quarter may be the final peak of this expansion according to Fannie Mae's Economic Development Report f...
Fri, Sep 14 2018, 11:19 AM
While applications for financing new home purchases declined in August, the Mortgage Bankers Association (MBA) is predicting a bump in the month's new...
Wed, Aug 29 2018, 10:12 AM
Expectations weren't particularly high for a solid July report on home purchase contracts, but today's report from the National Association of Realtor...
Tue, Aug 28 2018, 3:27 PM
Freddie Mac analysts see a two-pronged threat to housing sales for the remainder of the year, especially in the previously high-flying western part of...
Mon, Aug 27 2018, 8:49 AM
Scholars have long pondered if Myrtle Beach, South Carolina was named after my cat Myrtle, or vice versa – the answer is lost in the shrouds of time. ...
Thu, Aug 23 2018, 10:55 AM
New home sales broke out of the up-one-month, down the next pattern they have adopted since March, and not in a good way . The Census Bureau and Depar...
Wed, Aug 22 2018, 10:53 AM
Existing home sales posted their fourth straight loss in July and have dropped to their slowest pace since February 2016. The National Association of ...
Fri, Aug 17 2018, 11:41 AM
Fannie Mae's monthly Economic Development papers always have the best headlines, pithy and to the point. The August one reads. "Growth Picks Up as Exp...
Wed, Aug 15 2018, 10:42 AM
Rising concerns about costs and labor shortages continue to take a toll on home builder sentiment according to the August Housing Market Index (HMI). ...
Thu, Aug 9 2018, 11:39 AM
The Mortgage Bankers Association (MBA) says that responses to its recent Mortgage Builder Applications Survey indicates an increase of 3.6 percent in ...
Wed, Aug 8 2018, 12:01 PM
The National Association of Realtors® (NAR) said existing home sales cooled during the second quarter amidst what it called "staggeringly low" invento...
Wed, Aug 1 2018, 12:17 PM
Construction spending fell unexpectedly in June. The U.S. Census said overall spending was down 1.1 percent from the May estimate to a seasonally adju...
Wed, Aug 1 2018, 8:10 AM
Mortgage activity declined again during the week ended July 27. The Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of loan a...
Tue, Jul 31 2018, 4:35 PM
Congress has once again snatched the National Flood Insurance Program (NFIP) away from its scheduled demise while setting the stage for needing to do ...
Tue, Jul 31 2018, 10:13 AM
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index put on a repeat performance for May. The index, which covers all nine U.S. census di...
Mon, Jul 30 2018, 10:21 AM
Pending home sales rose marginally again in June, beating the National Association of Realtors® (NAR's) Pending Home Sale Index (PHSI) for the previou...
Wed, Jul 25 2018, 10:38 AM
New home sales have adopted an up and down pattern since March and continued in that trend in June. The U.S. Census Bureau and the Department of Housi...
Mon, Jul 23 2018, 12:11 PM
While official existing home sales data, released this morning by the National Association of Realtors® (NAR), showed the sector's losing streak exten...
Mon, Jul 23 2018, 10:59 AM
Existing home sales extended their losing streak to three months in June. The National Association of Realtors® (NAR) said that single-family homes, t...
Fri, Jul 20 2018, 10:03 AM
Fannie Mae's economists have upgraded their second quarter economic forecast but say that may be about it for the year . In their July forecast, the c...
Thu, Jul 12 2018, 2:57 PM
The Mortgage Bankers Association (MBA) is projecting a decline in new home sales for June, putting them significantly behind those in June 2017. MBA's...
Wed, Jun 27 2018, 10:21 AM
The number of new contracts for existing home sales barely made it onto the bottom rung of analysts' expectations in May. The National Association of ...
Mon, Jun 25 2018, 2:50 PM
There was plenty of foreshadowing, but Fannie Mae's Chief Economist Doug Duncan said last week that cost-cutting has risen as a priority for mortgage ...
