The recently released National Association of REALTORS Profile of Home Buyers and Sellers 2013 yielded a variety of interesting facts.

When polling consumers about their homeselling experience, the NAR learned that:

• Almost half of home sellers traded up to a larger size and higher priced home and …

According to the Commerce Department, housing permits jumped to a 5-year high in October. With the strongest numbers since the housing crash, many are left wondering what the surge in building permits means. Don Frommeyer, CRMS, President of NAMB (The Association of Mortgage Professionals) explains that the numbers signal …

Freddie Mac recently released its U.S. Economic and Housing Market Outlook for November showing that the major shift for the coming year will be a transition from a refinance-dominated mortgage market to the first purchase-dominated market the industry has seen since 2000.

Expect economic growth in the 2.5 to …

Thomson Reuters and the National Association of Counties (NACo) recently released the results of their Annual Local Property Markets Survey.

The survey results indicate a strengthening recovery for local property markets. Key findings include:
• 72 percent of U.S. counties surveyed reported an increase in assessed property values.
• …

Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 15, 2013. This week’s results include an adjustment to account for the Veteran’s Day holiday.

The Market Composite Index, a measure of …

Strengthening house prices and increased interest rates in metros across the country contributed to lower housing affordability in the third quarter, according to the National Association of Home Builders Housing Opportunity Index (HOI), released recently.

In all, 64.5 percent of new and existing homes sold between the beginning of …

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving higher for the second consecutive week on stronger than expected data releases including the employment report for October. The 30-year fixed-rate mortgage is at its highest level since September 19, 2013, …

MBA’s Builder Application Survey data for October 2013 shows that mortgage applications for new home purchases increased by 11 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.

By product type, conventional loans composed 67.5 percent of loan applications, FHA loans …

In September, interest rates on conventional mortgages used to purchase newly built homes increased for the fourth month in a row, according to data released today by the Federal Housing Finance Agency (FHFA).

During the month, the average contract interest rate increased by 10 basis points to 4.30 percent, …

September housing numbers revealed home prices are still slowly rising, which is great news for housing. However, existing-home sales fell 1.9 percent, and many in the industry are worried that this could be signaling a potential turn for the housing market and its recovery, especially in light of the …