Real Estate

October 16, 2018

Rising Rates, Lower Income Hurt Consumers’ View of Housing

The Fannie Mae Home Purchase Sentiment Index decreased slightly in September, falling 0.3 points to 87.7, reversing August’s increase. The dip can be attributed to decreases […]
October 12, 2018

Consumers Confidence Surges and Spikes Economy

The American consumer appears to be in good shape heading into the final quarter of the year, which includes the busy holiday-shopping season. Investors will be […]
October 11, 2018

Mortgage Application Defect Risk Down

Mortgage application defect risk is down from a year ago, but Hurricane Florence will likely tear through results in affected areas in the coming months. The […]
October 10, 2018

Foreclosed Home Values Appreciate Faster Than Typical Homes

According to a new report by Zillow, value of U.S. homes that were foreclosed on during the Great Recession are appreciating rapidly, up 10.3% over the […]
October 5, 2018

How People Utilize Their Home Equity

The amount of tappable equity available to omeowners recently smashed records by surpassing $6 trillion. Recent data shows many Americans are holding back on accessing what […]
October 4, 2018

Mortgage Delinquencies Decline but Impact From Florence Looms

Mortgage delinquencies fell again in August, down 5.7% over the past two months. The U.S. mortgage delinquency rate dropped to 3.52% of all loans, down 2.43% […]
October 3, 2018

Refi Mortgages Rise for First Time in 2018

After taking an absolute beating this year, the refinance market just got its first ray of sunshine in 2018. According to Ellie Mae’s Origination Insight Report, […]
October 2, 2018

Commercial Debt Rises at Quickest Pace Since 2007

Commercial/multifamily mortgage debt grew at the fastest pace in 11 years during the first half of 2018.  According to the Mortgage Bankers Association, commercial and multifamily […]
September 27, 2018

Mortgage Rates Surge, at Highest Point Since 2010

Mortgage rates inched forward for the fourth consecutive week, according to Freddie Mac’s latest Primary Mortgage Market survey.  Freddie Mac Chief Economist Sam Khater said the […]