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...
Accenture Buys Mortgage Cadence, Adds Origination Software To Portfolio
Seeking to strengthen its business-process outsourcing services and add best-of-breed mortgage origination software to its portfolio, global consulting firm Accenture is reportedly buying...
Freddie Mac: Mortgage Interest Rates Highest Since July 2011
Thirty-year fixed mortgage rates climbed 0.22 percentage points this week to reach an average of 4.51%, the highest since July 2011 when they...
Senators Johnson, Crapo Strike Agreement On Proposed FHA Reforms
Two key members of the Senate Banking Committee have reportedly struck an agreement on legislation to overhaul the Federal Housing Administration (FHA). Sen....
MBA Introduces Builder Application Survey
The Mortgage Bankers Association (MBA) has introduced a new Builder Application Survey (BAS) to accompany its Weekly Mortgage Application Survey. Focusing exclusively on...
Regulatory Agencies Propose Modified Appraisal Requirements Under Dodd-Frank
Certain higher-priced real estate deals will be exempt from certain appraisal requirements outlined in the Dodd-Frank Act under a proposed rule introduced Wednesday...
FHFA Director Sued For Cutting Funding To National Housing Trust
The National Low Income Housing Coalition (NLIHC), along with the Right to the City Alliance and four individual plaintiffs, has filed a lawsuit...
MBA: Mortgage Application Volume Continues To Plummet
Mortgage application volume decreased 4% on an adjusted basis for the week ending July 5 compared to the previous week, according to the...
Report: Fannie Mae Gearing Up To Sell About $1B In Non-Agency Bonds
Government-sponsored enterprise (GSE) Fannie Mae is reportedly readying to auction about $1 billion of mortgage bonds without U.S. backing from its holdings. The...