Mortgage loans declined from 8.7 million to 6.0 million, or by 31 percent in 2014 compared to the previous year, mostly due to a drop in refinancing.
Read More »Home Prices Increased in July as Job Market Improves & Demand Rises
As the job market continues to improve and buyers move in on a limited supply of homes, home prices increased in July, the Federal Housing Finance Agency reported Tuesday.
Read More »Over a Quarter of Homes Depreciated in the Last Year
Housing market home values are leveling off, but there are still a few markets that are struggling to escape recession times, according to Zillow's August Real Estate Market Report.
Read More »Homebuyers Unshaken by Possible Rate Increase
Buyers are still motivated to purchase homes, even if the Federal Reserve decides to raise interest rates in one of their last two meetings of the year.
Read More »Servicers Must Ensure Compliance Under Regulatory Spotlight
New regulations and federal oversight have servicers constantly under the gun. They must learn the rules of the road for creating effective compliance and business development strategies in today’s evolving servicing market.
Read More »Lenders Say Mortgage Credit Standards Are Easing
Mortgage lending standards continued to ease across all types of loans in the third quarter, according to Fannie Mae’s most recent Mortgage Lender Sentiment Survey.
Read More »Single-Family Homebuilders Remain Confident in September
After a reaching levels not seen since November 2005 in August, builder confidence for newly constructed single-family homes continued to climb in September with a one point increase to a level of 62.
Read More »Mortgage Applications Decline Due to Slow Refinancing
Mortgage applications for the week ending September 11, 2015 fell 7 percent from one-week prior, the Mortgage Bankers Association reported in their Weekly Mortgage Applications Survey.
Read More »Economic Growth for Second Half of Year Expected to Improve
Despite recent market volatility, economic growth in the second half of the year is expected to improve, Fannie Mae says.
Read More »Freddie Mac’s First-Time Homebuyer Numbers Continue to Rise in 2015
The number of first-time homebuyers is growing steadily in the housing market as mortgage rates remain low, labor conditions improve, and lending loosens up.
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