Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates up slightly for the second week in a row.
"Mortgage rates crept up further following the uptick in the 10-year Treasury yield as minutes of the Federal Reserve's last meeting indicated …
Fannie Mae announced recently that homebuyers may receive up to 3.5 percent in closing cost assistance when they purchase a HomePath® property in 27 states during the FirstLook™ period. During the FirstLook period, owner-occupant or public entity buyers are able to submit offers on HomePath properties, giving them the opportunity …
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, …
Home building is an industry dominated by small businesses around the nation. Data from the Bureau of Labor Statistics (BLS) reveal the many job categories within the industry and their relative concentrations.
Previous NAHB research has examined the geographic scope of the building industry, as well industry surveys that …
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] …
The National Association of Home Builders (NAHB) recently requested that the Occupational Safety and Health Administration (OSHA) withdraw a proposed rule that would drastically lower the permissible exposure limit (PEL) of crystalline silica for the construction industry.
The rule also requires impractical medical surveillance of construction industry workers, extensive …
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 …