Home sellers are already showing optimism for the 2013 selling season, according to Redfin's Real-Time Seller Survey.
Read More »Survey: Economy Steering Fewer People Away from Housing
Fewer people are being kept out of the housing market because of the economic climate, according to a national survey by FindLaw.com.
Read More »Survey: Consumer Confidence Reaches Highest Level in 2012
Consumer confidence rose in October to its highest level this year, according to a survey released by The Conference Board.
Read More »Survey Shows Room for Mortgage Business Expansion at Banks
Banks may be missing out on an opportunity to expand their mortgage business by a large portion, according to a consumer mortgage study.
Read More »74% of Consumers Unmoved by Fed’s Promise of Low Rates
The Federal Reserve's commitment to keep interest rates low until 2015 isn't doing much to persuade consumers to borrow.
Read More »Equifax: Home Equity Credit Hits Three-Year High
Home equity revolving credit hit a three-year high in July, signaling continued growth in housing confidence, Equifax said in a report. The company's October National Consumer Credit Trends Report showed new home equity revolving lines of credit totaled more than $44 billion year-to-date through July. First mortgages contracted 3.4 percent year-over-year, but severely delinquent mortgages have also fallen off since their peak, reaching a total balance of $419 billion in September.
Read More »Berkery Noyes: Upturn Just Starting for Mortgage Sector
As the market recovers, Berkery Noyes anticipates more volume in originations and greater need for alliances between mortgage and tech companies.
Read More »Risk Managers Share Positive Outlook for Mortgage, Equity Loans
Optimism among bankers continued to rise in the year's third quarter, according to survey results released by the Professional Risk Managers' International Association (PRMIA). The survey, conducted by PRMIA for FICO, showed that the majority of bank risk professionals expect mortgage loan delinquency to either fall or remain the same. PRMIA called the drop in delinquency predictions "encouraging," as sentiment on delinquency usually experiences a dip in the third quarter.
Read More »Survey: Consumer Confidence Up Significantly in September
Consumer optimism about the housing market and homeownership improved substantially in September, Fannie Mae reported. According to the GSE's September 2012 National Housing Survey, upward trends in home prices and downward trends in mortgage rates throughout the summer reinforced positive attitudes about where the market is headed. Confidence about the economy also grew in September, marking a turnaround from a year of pessimism. Regarding the overall economy, 41 percent of consumers believe the country is on the right track.
Read More »Consumer Confidence Puts Pressure on Housing Recovery
Home prices and home sales are rising, despite lackluster demand of traditional owner-occupied housing, according to Tim Rood of The Collingwood Group.
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