Forbearances Increase; Rates Ignore Trump’s Covid; Did TRID Help?
After weeks of incredibly subdued volatility, the bond market (which dictates rates) is starting to show some signs of life, but not for...
Read MoreAfter weeks of incredibly subdued volatility, the bond market (which dictates rates) is starting to show some signs of life, but not for...
Read MoreConstruction spending expanded again , with residential construction among the healthier sectors. The U.S. Census Bureau put total August public and private construction...
Read MoreContracts for existing home purchases rose for the fourth straight month in August and more than doubled the increase expected by most analysts....
Read MoreThe average mortgage lender continues to offer top tier conventional 30yr fixed rates in the "high 2% to low 3%" neighborhood. Exactly where...
Read MoreNon-conventional lending enjoyed a substantial increase in its share of the market for financing new home purchases in 2019. The National Association of...
Read MoreBlack Knight said its weekly forbearance survey found the number of mortgages in active forbearance decreasing at an accelerated rate. Those mortgages fell...
Read MoreOnce again new home sales exceeded expectations, this time by a lot. Sales of newly built homes rose 4.8 percent in August, to...
Read MoreHome prices rose another 1.0 percent in July, bringing the year-over-year gain to 6.5 percent according to the House Price Index (HPI) produced...
Read MoreExisting home sales continued on a roll for the third consecutive month, hitting the highest level in August since December 2006. The National...
Read MoreFannie Mae has upgraded its forecast for the third quarter gross domestic product (GDP). It now expects growth at an annualized pace of...
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