The total number of delinquent mortgages fell to a 12-year low in September according to CoreLogic. But the effects of natural disasters in Hawaii and North Carolina have been to affect the data.
Applications for new mortgages rose last week for the third time in a row according to the Mortgage Bankers Association. Mortgage loan rates also declined and led to a small increase in refinancing activity.
Compared to the third quarter of 2017, U.S. homeowner equity in the third quarter of this year rose by more than 9. The number of homeowners whose mortgages exceed the value of the property…
Applications for new mortgages rose last week according to the latest report from the Mortgage Bankers Association. Mortgage loan rates declined slightly on three of five mortgage loan types.
Home prices rose at a slower pace in October according to real estate analysis firm CoreLogic. The October increase is the lowest year-over-year growth in monthly home prices since January 2017.
The year-over-year decline in monthly sales of existing home ran to its 10th straight month in October. The National Association of Realtors does not see a significant turnaround on tap and expects 2019 to…
New home sales in October came in well below economists' consensus estimate, and sales of homes priced under $300,000 accounted for half of the month's total sales volume.
Mortgage applications rose by more than 5% in the Thanksgiving holiday-shortened week. Mortgage loan rates have remained steady just below 5% on 30-year conventional mortgages.
It’s not the biggest secret that the housing market has been showing some signs of slowing in 2018. With supply and demand issues, there has been some more recent pressure around higher interest…
Applications for new mortgages ticked down last week according to the Mortgage Bankers Association. Mortgage loan rates also fell while refinancings remained at their lowest levels since 2000.
New housing starts in October rose month over month by 18,000. Including an upward revision of 9,000 units to September's total, October was a pretty good month.
The National Association of Home Builders reported Monday that contractor confidence plunged in November to an index score of 60. That's also well below the consensus expectation of economists.