New Homes Sales Up 6.4% In April
Following two consecutive months of declines, sales of new, single-family homes rose in April to reach an annual rate of 433,000 - about...
CFPB: Medical Debt Overly Dinging Consumers’ Credit Scores
Here's another reason why some Americans are finding it tough to get a mortgage: medical debt. A recent report from the Consumer Financial...
Freddie Mac: Mortgage Rates Hit Lowest Point So Far This Year
Fixed mortgage rates continued to move lower, on average, during the week ending May 22, according to Freddie Mac's Primary Mortgage Market Survey....
NAR: Existing-Home Sales Rose 1.3% In April
Existing-home sales inched up 1.3% on an adjusted basis in April, reaching an annual pace of 4.65 million, but were 6.8% below the...
MBA: Refinance Application Volume Up 4% Last Week As Rates Fall
Mortgage application volume increased 0.9%, on an adjusted basis, during the week ending May 16, compared to the previous week, according to data...
MCT Debuts Software Platform For Secondary Market
MCT Trading Inc. (MCT), a risk management and advisory services company, has formally launched MCTlive, a secondary marketing technology platform designed for capital...
First-Time Buyers Increasingly Being Shut Out Of Market
Bad news for potential first-time home buyers: The affordable homes most sought after by these buyers are being kept off the market because,...
Apartment Rent Growth Shows Outstanding Numbers In April
Year-to-date effective rent growth in the U.S. apartment market is the best since the nation's economy started to recover from the Great Recession,...
Veterans Affairs Enlisting Realtors For ‘Massive’ Transition
The Department of Veterans Affairs (VA) is taking steps to improve services for active and former military service members who are ready to...
NAHREP Calls For Housing Reform, GSE Changes
The National Association of Hispanic Real Estate Professionals (NAHREP) has called on the U.S. Senate Committee for housing finance reform, citing increasing constriction...
California Home Prices Skyrocket To Highest Since 2008
Although there is a continued month-over-month increase in sales, the long-term numbers for the month of April demonstrate that housing in California is...
MBA: Refinance Application Volume Jumped 7% Last Week
Mortgage applications increased 3.6% during the week ending May 9, compared to the week prior, on an adjusted basis, according to the Mortgage...
FNC: Home Prices Rose 0.6%, On Average, In March
U.S. home prices rose 0.6%, on average, in March compared to February, according to FNC's Residential Price Index, which tracks price movement exclusive...
Genworth MI Helped Almost 150,000 Homeowners Avoid Foreclosure
Genworth Mortgage Insurance (Genworth MI), a division of Genworth Financial Inc., reports that its Homeowner Assistance (HOA) team has helped almost 150,000 homeowners...
Freddie Mac: Fixed Mortgage Rates Hit Six-Month Low
Fixed mortgage rates eased slightly during the week ending May 15 to reach a six-month low, according to Freddie Mac's Primary Mortgage Market...
Survey: Lenders ‘More Weary Than Ever’ Of CFPB Rulemakings
Among lenders' top concerns about compliance, the Consumer Financial Protection Bureau's (CFPB) mandates and deadlines still are at the top of the list,...
360 Mortgage Grows Reverse Mortgage Division
360 Mortgage Group, a privately owned mortgage banker with a focus on third-party origination, has expanded its reverse mortgage division by launching a...
Large Metro Areas Reached New Highs At Year-End 2013
CoreLogic says there was an 11.3% jump in home prices in the fourth quarter of 2013 compared to the same time a year...
What Realtors Are Urging At Capitol Hill This Week
The National Association of Realtors (NAR) says policy issues that impact the residential and commercial real estate markets will be at the forefront...
California Housing Becoming Increasingly Unaffordable
A combination of continued price increases and relatively higher interest rates during the first quarter of this year have led to decreased housing...