Mortgage Loan Rates Steady Before Chinese Devaluation Comes Into Play
The surprise devaluation of China’s currency also affects the U.S. home mortgage market indirectly but meaningfully.
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Newest first · Page 120Florida, Michigan, Texas Post Highest Foreclosures in June
The current foreclosure rate is the lowest since January of 2008, and the foreclosure inventory has declined every month for the past 44 months.
Michigan, Florida Top States for Sales of Distressed Homes
ThinkstockU.S. sales of distressed homes totaled 9.9% of all homes sold in May of this year according to data from CoreLogic and published Thursday on the company’s blog. The total represents a 2.8% drop…
Mortgage Loan Rates Dip, Applications Up Sharply
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week increase in the group's seasonally adjusted composite index for the week ending July 31.
July Home Prices Fall Most in Massachusetts, Rise Most in Colorado
Home prices in the United States rose for the 40th consecutive month in June. But there were four states that posted negative home price appreciation in June.
Pending Home Sales Slip; Drop Most in South, Midwest
ThinkstockThe National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes for June. The pending home sales index fell 1.8% to 110.3. Prior to today’s report the index…
Mortgage Loan Rates Dip, Applications Rise
ThinkstockThe Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 0.8% in the group’s seasonally adjusted composite index for the week ending July 24th following an…
Minneapolis, New York, Washington Post Smallest Gains on Case-Shiller Index
ThinkstockIn all 20 U.S. cities included in the S&P/Case-Shiller home price index, May house prices increased year-over-year. Three cities posted year-over-year gains of 3% or less during May: Minneapolis and New York registered price…
New Home Sales Pace in June at 7-Month Low
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that sales of new homes in June fell almost 7% from May.
Mortgage Loan Rates Ticked Down Slightly Last Week
The latest Mortgage Bankers Association's report on mortgage applications noted a week-over-week increase of a scant 0.1%.
New Housing Starts Jump as New Apartment Buildings Soar 28% in June
The U.S. Census Bureau and the Department of Housing and Urban Development reported Friday morning that new housing starts in June rose more than expected.
Florida, Alabama, West Virginia Top States for Cash Home Sales
In April of 2015, cash sales comprised about a third of all home sales and marked the 28th consecutive year-over-year monthly decline.
Homebuilder Confidence Approaches 10-Year High in July
The National Association of Home Builders (NAHB)/Wells Fargo housing market index for July increased by one point from a prior reading of 59 in June to a nine and a half year high of…
Mortgage Loan Rates Rose Slightly Last Week
The latest MBA report on mortgage applications noted a week-over-week decrease of nearly 2% in the group's seasonally adjusted composite index.
New York City, Tampa Metro Areas Post Largest Foreclosed Inventories
In the month of May, 41,000 U.S. home foreclosures were completed, according to research firm CoreLogic.