Freddie Mac: Mortgage Rates Dipped For Second Consecutive Week
Mortgage rates dipped for a second week in a row this week following comments from Federal Reserve Chairman Ben Bernanke that the Fed...
MBA: Despite Dip In Interest Rates, Mortgage Application Volume Falls
Although the average interest rate for 30-year fixed-rate mortgages decreased to 4.58% for the week ending July 19, mortgage application volume also decreased...
New Home Sales Up 8.3% In June; Builders Can’t Keep Up With Demand
New home sales increased 8.3% in June compared to May, according to a joint report by the U.S. Census Bureau and the Department...
FNC Rolls Out New Loan Trading Platform
Mortgage technology company FNC Inc., known for its analytical tools for evaluating loan collateral, has introduced a new Web-based technology platform that enables...
D+H Acquires Competitor HFS For $1.2 Billion
Canadian financial services provider Davis + Henderson Corp. (D+H) has agreed to acquire U.S. rival Harland Financial Solutions (HFS) from parent company Harland...
RealtyTrac Intros New Tool To Identify Distressed Properties
To help address the serious shortage of inventory in some areas of the country, RealtyTrac has introduced a new tool that can help...
Fannie Mae: Rising Interest Rates Won’t Stall Housing Recovery
Although mortgage interest rates are expected to continue to rise gradually for the remainder of the year, the increase will not be enough...
FHFA: U.S. Home Prices Rose 0.7% In May
U.S. house prices continued to inch up in May, rising 0.7% on a seasonally adjusted basis compared to April, according to the Federal...
NAR: Home Sales Dipped Slightly In June, But Up Overall
Although home sales dipped slightly in June, due mainly to the increase in mortgage interest rates, they remained above year-ago levels, according to...
DataQuick: U.S. Home Sales Increased In June
U.S. home sales continued to increase during the month of June, according to DataQuick's monthly Property Intelligence Report. Home sales increased in 40...
Report Shows 19% Increase In Home Flipping In First Half
With rising home prices, increasing interest rates, tighter credit and, in many areas, a serious lack of available inventory, one would think there...
California Home Prices Up 28.5% In June, Year Over Year
California's housing market, which was ravaged by the economic crisis, continues to improve, according to a report from DataQuick. According to the firm's...
Renters Were In Better Financial Shape In Q1, CoreLogic Finds
Good news for residential landlords: CoreLogic's Renter Applicant Risk Index Report shows that renters had more financial bandwidth to meet their lease obligations...
Good News And Bad News On The Financial Services Job Front
The good news for people who work in the banking and financial services industry is that they can expect a stable employment environment...
Beige Book Reports Moderate Growth In Residential, Commercial Real Estate
The Federal Reserve's Beige Book shows that residential and commercial real estate activity grew at a moderate to strong pace in all 12...
MBA: Mortgage Application Volume Continues To Drop As Rates Rise
U.S. mortgage application volume dropped 2.6%, on a seasonally adjusted basis, for the week ending July 12 compared to the week prior, according...
Freddie Mac: Expect Interest Rates, Housing Prices To Continue To Rise
Government-sponsored enterprise (GSE) Freddie Mac's Housing Market Outlook report for June shows that U.S. house prices increased an average of 5% on a...
Mortgage Master Reports Record Volume For First Half
Private lender Mortgage Master reports that it generated record volume of $3.97 billion for the first six months of this year, a significant...
NAR: Younger Homeowners More Confident In Making Home Purchase Decisions
Despite that fact that a high percentage of Millennials are saddled with debt, in particular student loan debt, they have more confidence than...
About 52% Of Americans Favor Liquidating Fannie And Freddie
More than half of Americans favor phasing out Fannie Mae and Freddie Mac, according to a survey conducted by On Message Inc. on...