The Bureau of Economic Analysis (BEA) will release the second of three estimates for the nation's first quarter GDP growth this week. In the advance estimate for the first quarter released in late April, the BEA reported GDP growth to be a weak 0.5 percent.
Read More »Existing-Home Sales Emerge Triumphant
Existing-homes sales have been up against unfavorable odds including inventory shortages, soaring home price appreciation, and stagnant household income growth. However, they defied those odds and came out on top for the second consecutive month.
Read More »Mortgage Round-Up: Rates, Application in the Balance
Rates held firm at 2016 lows, but buyers were in no hurry to take out a mortgage loan this week after the Fed left the option of a June ...
Read More »State of Servicing Industry With Five Star’s Delgado
Five Star Institute President and CEO Ed Delgado dove into the default, foreclosure, and REO industries in a webinar presentation on Thursday to advise members of the Federation of REO Certified Experts (FORCE) of past and present market conditions.
Read More »Housing Forecasts Stay Calm Through Economic Storm
With both Fannie Mae and Freddie Mac downwardly revising their projected economic growth for the full year of 2016, what do they expect for housing?
Read More »Rise In New Home Builds Might Still Not Be Enough
The recent rise in home building may not make much difference in the availability of new houses, particularly to new buyers, according to the National Association of Realtors.
Read More »Millennial Homeownership in Perspective
This complex generation stirs up a lot of talk in the mortgage industry, mostly because they have come to be known as the financially unstable and indecisive, renter generation in the housing market.
Read More »Homebuyers Taking a Closer Look at Mortgage Disclosures
More borrowers are taking a closer look at their mortgage documents before it’s too late, and more agencies are helping these borrowers understand what they’re getting into, well before new federal guidelines go into effect this fall.
Read More »Single-Family Housing Starts Make a Comeback
Home building in the U.S. picked up again in April after reaching the slowest pace in seven months, easing some of the previous concern surrounding the construction sector.
Read More »TRID’s Mixed Reviews 6 Months Later
Many in the mortgage industry have complained of the complexity of implementing the rule and the difficulty of complying, despite the rule’s goal of making it easier on all parties involved to close a mortgage loan. But do homebuyers share these same sentiments?
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