Monday, November 18, 2024

Residential Mortgage

Freddie Mac: Mortgage Rates Dip Again On Mixed Data

After declining the week prior, fixed mortgage rates inched back up again during the week ending Nov. 27, according to Freddie Mac's weekly...

S&P/Case-Shiller: Home Prices Up 0.7% In September, Back To 2004 Levels

U.S. home prices rose 0.7% in September, compared to August, and were up 13.3% compared to September 2012, according to the S&P/Case-Shiller Home...

FHFA: U.S. Home Prices Rose 2% In Q3

U.S. home prices rose about 2% in the third quarter compared to the second quarter, and were up 8.4% compared to the third...

NAR: Pending Home Sales Dipped 0.6% In October

Pending home sales dipped 0.6% in October, compared to September, and were down 1.6% compared to October 2012, according to the National Association...

LPS: Home Prices Up 0.2% In September

U.S. home prices rose 0.2% in September compared to August and were up about 9% compared to September 2012, according to Lender Processing...

LPS: Mississippi’s Delinquency Rate Surpassed Florida’s In October

Mississippi surpassed Florida in terms of highest percentage of mortgage delinquencies in October, according to Lender Processing Services' (LPS) 'First Look' Mortgage Report....

Real Estate Investors Can Benefit From ‘Hipster’ Market, Says RealtyTrac

The culture surrounding the 'hipster' lifestyle has a major impact on local real estate markets, and mostly in a positive way, according to...

Fixed Mortgage Rates Drop Amid Weak Economic Data

Average fixed mortgage rates are declining amid weaker manufacturing growth and declines in overall inflation rates, according to the results of Freddie Mac's...

October Cools Down Existing-Home Sales, Heats Up Home Prices

Existing-home sales declined for the second consecutive month in October, while constrained inventory means home prices continue to see double-digit year-over-year gains, according...

Negative Equity Rate Plummets In Q3; Underwater Rate Still ‘Stubbornly High’

The national negative equity rate fell at its fastest pace ever in the third quarter, dropping to 21% of all homeowners with a...

MBA: Mortgage Application Volume Dips 2.3%

Mortgage application volume decreased about 2.3% the week ending Nov. 15, as rates continued to rise for the third straight week, according to...

Ellie Mae: Purchase Loans Now Represent 61% Of The Market

Ellie Mae's Origination Insight Report for October shows the mortgage industry's ongoing shift from a refinance market to a purchase market. About 51.4%...

‘Know Before You Owe’ Forms On CFPB’s Agenda

The Consumer Financial Protection Bureau's (CFPB) rule requiring banks to use more simplified mortgage paperwork will reportedly take effect on Aug. 1, 2015,...

CFPB: Banks Spend More Marketing To Consumers Than Educating Them

Since the establishment of the Consumer Financial Protection Bureau (CFPB) in 2011, many have wondered how the agency will balance its role as...

Springboard Unveils Counseling Platform For FHA’s Back To Work Program

In August, the Federal Housing Administration (FHA) launched its Back to Work - Extenuating Circumstances program, which shortens the waiting period for home...

Freddie Mac Launches Training Program To Bolster REO Sales

In an effort to help liquidate the real estate owned (REO) properties held in its portfolio, government-sponsored enterprise Freddie Mac has launched a...

NAHB: Despite Challenges, Builders Remain Confident In New Homes Market

Although home builders are hard-pressed to find good skilled labor in most areas of the country - and although the cost of construction...

FNC: U.S. Home Prices Rose 2.5% In Q3

U.S. home prices increased 2.5% in the third quarter, compared to the second quarter, according to FNC's Residential Price Index. Although U.S. home...

MBA: Applications For New Homes Up In October

Why are new home purchases up when sales of existing homes are down? It's simple: There aren't enough new homes on the market...

California Home Sales 15% Below Average For October

An estimated 36,468 new and resale houses and condos sold statewide last month in California, up 1.2% from September and down 7.1% from...