MBA estimates that sales of new single-family homes were running at a seasonally adjusted annual rate of 543,000 units in January 2014, based on data from MBA’s Builder Applications Survey.
“While the big jump may appear to conflict with other data, such as MBA’s purchase application index and NAR’s …
Freddie Mac recently released its U.S. Economic and Housing Market Outlook for February showing that despite the Federal Reserve's taper activity, long term rates have eased over the past month, providing a chance for some borrowers who are holding older mortgages an opportunity to refinance.
"It appears mortgage …
This year has been full of changes when it comes to mortgages. With new regulations and rules being introduced to the industry, mortgage servicing companies have been scrambling to keep up and move forward.
The MBA' 2014 National Mortgage Servicing Conference is being held this week. The four day …
A majority of more than 100 forecasters says they expect large-scale investors to sell off the bulk of homes in their portfolios in the next three to five years, boosting inventory and potentially contributing to a smoother market ahead, according to the latest Zillow® Home Price Expectations Survey. On average, …
Mortgage credit availability increased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from the AllRegs® Market Clarity® product.
"Overall, mortgage lenders and investors slightly expanded credit offerings in January on net, but this represented the combination …
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing averaged fixed mortgage rates largely unchanged following a week of light economic reports.
"Mortgage rates were little changed amid a week of light economic reports. Of the few releases, the economy added 113,000 jobs [PDF] …
Housing is an important source of economic growth. As of the final quarter of 2013, housing’s share of gross domestic product (GDP) was 15.3 percent, with home building yielding 3.1 percentage points of that total.
Housing-related activities contribute to GDP in two basic ways.
The first is through …
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the January edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among key indicators. In 2013, home sales had …
A certificate of deposit will generate a cash flow based on the interest rate that it pays which is the only way it generates a return for the investor.
An investment in a stock that doesn’t pay dividends, would need to be worth more than you paid for …
The share of new single-family home sales purchased using conventional mortgage financing is rising, as the share of Federal Housing Administration (FHA) backed mortgages fell during 2013.
According to data from the Census Bureau’s Quarterly Sales by Price and Financing, the onset of the housing crisis in 2007 …