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 »First-Time Buyer Mortgage Share and Risk Rises in August
First-time buyers comprised 56.9 percent of primary owner-occupied home purchase mortgages with a government guarantee in August 2015, up from the 54.5 percent share last August, the American Enterprise Institute reported in their First-Time Buyer Mortgage Share Index.
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 »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 »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.
Read More »Consumers Show Mixed Economic Outlook, Survey Finds
Consumer expectations for the housing market are showing a mixed outlook for the U.S. economy, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data August 2015 Survey of Consumer Expectations released Tuesday.
Read More »Overvalued Housing Markets Double in Q2
The number of overvalued housing markets in the second quarter of 2015 doubled from the first quarter to reach 14, according to CoreLogic’s Market Condition Indicators.
Read More »Private-Label RMBS Market Remains Unrecovered Since Crisis
The private-label residential mortgage-backed securities market has remained stagnant since the financial crisis, even though securitization in many asset classes has resumed.
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