Daily Dose

Zillow Group recently announced that the company has joined the Google Compare for Mortgages platform to offer consumers a heightened mortgage shopping experience.

According to the Federal Housing Finance Agency third quarter Refinance Report, a total of 25,824 HARP refinances were completed between July and September, down from the 31,561 refinances completed from April to June.

It seems some Americans see the holiday of thanks as a good chance to get a leg up– no turkey pun intended–on the home market competition.

While the single-borrower single-family rental securitizations in Kroll Bond Ratings Agency’s rated universe has seasoned only 10 months on the average, the properties that have securitized are appreciating in value.

Mortgages were most complained about at Ocwen and Nationstar Mortgage, but Ocwen's complaints have fallen 16 percent overall from in the last three months, while Nationstar's complaints rose 11 percent.

Mortgage loan application defects are becoming less prevalent in the housing market as the Ability-to-Pay rules are reducing fraud risk related to income, while misrepresented income is more likely to be caught on a loan application.

The Federal Housing Finance Agency announced Tuesday that interest rates on conventional purchase-money mortgages fell even further below 4 percent in October.

Home prices rose 4.9 percent over the last 12 months in September 2015, up from the 4.6 percent increase in August 2015, according to the S&P/Case-Shiller Home Price Indices released Tuesday.

Before the crisis, cash sales averaged about one-fourth of all home sales, and at this rate, CoreLogic projects that this share should hit 25 percent once again by mid-2017.

According to Freddie Mac, in the five year-period between 2008 and 2013, the cost of servicing a performing loan increased 2.6 times (from $59 to $156).