Mortgage Applications Slide, Mortgage Loan Rates Continue Declining
Even though mortgage rates continued to decline last week, the number of potential buyers also has dropped, according to the latest data from the Mortgage Bankers Association.
Even though mortgage rates continued to decline last week, the number of potential buyers also has dropped, according to the latest data from the Mortgage Bankers Association.
U.S. housing starts rose sharply in November, but all the gains came in the multi-family sector. Single-family starts fell nearly 5% month over month.
The BuildFax Housing Health Report for November showed signs that the housing market might be slowing. The year-over-year rate of single-family housing authorizations, maintenance and remodeling have all decreased.
The National Association of Home Builders reported another dip in builder confidence in December. The confidence index has dropped 12 points in two months and is 18 points below last December's all-time high.
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.
Legacy Housing intends to price 3.5 million shares for an initial public offering valued up to more than $51 million.
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…
The pace of home price growth slowed again in September according to the S&P CoreLogic Case-Shiller Home Price Index released Tuesday.