Housing

April New Home Sales Drop Sharply

Posted: May 23, 2019 at 11:15 am

The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that sales of new homes in April decreased to a seasonally adjusted annual rate of ...
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Lower Mortgage Loan Rates Boost Refinancing Applications

Posted: May 22, 2019 at 7:25 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 2.4% in the group's seasonally adjusted composite index for the week ending ...
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Sales of Existing Homes Fall Well Short of Estimates

Posted: May 21, 2019 at 11:48 am

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing-home sales in April dipped 0.4% to a seasonally adjusted annual rate of 5.19 million from ...
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Why the Housing Market Should Remain Firm in 2019

Posted: May 16, 2019 at 10:25 am

Freddie Mac knows a thing or two about the housing market. Despite all the controversy of the past, and being in federal government conservatorship, and even considering President Trump's efforts ...
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Lower Interest Rates Failed to Raise New Mortgage Applications Last Week

Posted: May 15, 2019 at 7:45 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.6% in the group's seasonally adjusted composite index for the week ending ...
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Foreclosure Rates Drop to Record 20-Year Lows

Posted: May 14, 2019 at 10:55 am

The share of home mortgage loan payments that are 30 days or more past due fell to a 19-year low of 4.0% for the month of February, unchanged month over ...
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Does Anybody Still Want to Live in Trump Tower?

Posted: May 14, 2019 at 9:54 am

One of the most famous buildings in New York City, thanks to its namesake, and once considered among the city’s premium residential and office high-rises, Trump Tower has become what ...
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Lower Interest Rates Make Mixed Moves, New Mortgage Applications Increase

Posted: May 8, 2019 at 8:35 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 2.7% in the group's seasonally adjusted composite index for the week ending ...
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March Home Price Index Increases Continue Slowing

Posted: May 7, 2019 at 11:15 am

U.S. home prices rose 3.7% in March compared with the same month a year ago, according to CoreLogic data released Tuesday in the firm's Home Price Insights monthly report. The ...
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Lower Interest Rates Don’t Halt Decline in New Mortgage Loan Applications

Posted: May 1, 2019 at 7:30 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 4.3% in the group's seasonally adjusted composite index for the week ending ...
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Home Prices Rising More Slowly Than in Past 6 Years

Posted: April 30, 2019 at 11:40 am

U.S. home prices are still rising, but at the slowest pace since October of 2012, according to the S&P CoreLogic Case-Shiller national home price index (not seasonally adjusted) for February ...
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ITB and XHB: 2 Top Homebuilder ETFs Different as Night and Day

Posted: April 30, 2019 at 7:10 am

The market for U.S. homes is driven by three principal engines: mortgage loan interest rates, home prices and available inventory. At the end of March 2019, all three were doing ...
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Mortgage Fraud Risk Rises for Ninth Consecutive Quarter

Posted: April 29, 2019 at 1:25 pm

The national mortgage application fraud risk index rose from 151 to 152 quarter over quarter in the first quarter of 2019, according to researchers at CoreLogic. In the first quarter ...
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Steadily Rising Interest Rates Stifle New Mortgage Loan Applications

Posted: April 24, 2019 at 7:20 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 7.3% in the group's seasonally adjusted composite index for the week ending ...
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This Retirement Town Is the Fastest Growing City in America

Posted: April 20, 2019 at 8:30 am

The U.S. Census Bureau has just released its data on the growth in the population of America's cities and counties. Only one city has grown over 30% over the period ...
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