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Mortgage Originations Increase for First Time in a Year
Today’s News Synopsis: The pace of home price growth was slow in 20 U.S. cities, having increased only 4.9% year-over-year compared to 5.6% in the year ended in August. At the same time, the median...
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GSEs to Pool Money Each Year Into Affordable Housing Fund
Today’s News Synopsis: Big day for mortgages. Mortgage applications for new home purchases decreased last month according to the Mortgage Bankers Association by 22%. Mortgage rates increased again...
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Despite Positive Forecast, Whether Housing Starts Will Return to...
Sources: Foreclosure activity hits 19-month high on rise in REOs Number of Properties With Equity Is Rising While Total of Underwater Homes Declines Builder Confidence Hits Yearly High in June...
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NAR Reports 5.1% Increase in Existing-Home Sales
Today’s News Synopsis: The National Association of Realtors reported existing-home sales increased 5.1% month-over-month in March. The Mortgage Bankers Association reported mortgage applications...
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