Mortgage Loan Rates Dip, but Remain Volatile
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 3.
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 3.
Home prices in the United States rose for the 39th consecutive month in May, according to CoreLogic.
While there is little or no sign of the success of Detroit’s program to sell homes for as little as $1,000, the opportunity continues.
In May of 2015, all-cash sales comprised nearly a quarter of all single family and condo sales. The May 2015 total is the lowest since November 2009.
There are a number of ways to define hot housing markets, ranging from price increases to new housing starts. Realtor.com has come up with its own.
The latest MBA weekly report on mortgage applications showed that mortgage loan rates increased on all five loan types.
Denver and San Francisco reported the highest year-over-year gains in home prices. Coming in at third place was Dallas.
Lennar reported better-than-expected fiscal second-quarter results Wednesday before the markets opened
The Mortgage Bankers Association released its report on mortgage applications Wednesday morning. For the second consecutive week, mortgage loan rates decreased on all five loan types.
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that sales of new homes in May rose to a seasonally adjusted annual rate of 546,000.
The Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.3% month over month in April.
The seasonally adjusted annual rate of existing home sales in May jumped 5.1% to 5.35 million, according to the National Association of Realtors.
For the second consecutive week, mortgage loan rates increased on all five loan types, according to the Mortgage Bankers Association.
Of nearly 45 million mortgaged residential properties in the United States at the end of the first quarter of 2015, about 5 million had mortgages underwater.
The National Association of Home Builders (NAHB)/Wells Fargo housing market index for June increased more than expected to a nine-month high.