Construction in the single-family housing market for the month of October as both housing starts and housing completions decreased, the U.S. Census Bureau and HUD announced Wednesday.
Read More »Home Builder Confidence Stumbles in November
Home builder sentiment fell three points in November to levels more consistent with the second half of 2015 after an upward rise in October to the highest level since 2005.
Read More »Mortgage Debt Still Weighing Heavy on Consumers
Many Americans are still struggling with mortgage debt, which is the third most-popular form of debt in the nation. Much of this debt stems from borrowing at the wrong time and for the wrong purpose, preventing consumers from achieving financial stability.
Read More »Housing Market Strength is the Key to Robust Economy
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Recovery in the housing market is said to be the key to a robust economic in America. Lou Giserman of The Collingwood Group discusses how continuing improvement in the housing market, which has yet to fully recover from the recession, is giving the economy a much-needed boost.
Read More »Mortgage Lending Shifts to Digital Channels
Satisfaction among mortgage customers has improved overall this year as lenders have shifted their focus to developing functional digital channels and improving operational efficiency.
Read More »Home Sellers’ Optimism Beats Urgency in Q3
As a sign that the housing market is returning to normal, sellers are more likely to be selling their homes due to life-cycle motivators like upgrading or downsizing rather than securing a home before interest rates are adjusted by the Federal Reserve.
Read More »Charting the Course
The stormy days of the housing meltdown may have passed, but is it all calm waters ahead? The industry’s top economists foresee some unpredictable tides as 2016 approaches. Editor's note: This select print feature appears in the November 2015 edition of MReport magazine, available now.
Read More »Home Prices Continue to Climb in Across Most Metros in Q3
Increases in existing-home sales and short supplies of inventory pushed home prices up in most metro areas across the nation in the third quarter, the National Association of Realtors found in it latest quarterly report.
Read More »Fannie Mae Challenges Government’s Definition of ‘Affordability’
The U.S. Census Bureau's American Community Survey (ACS) found that more than 18 million homeowner households and more than 20 million renter households experienced housing affordability problems last year, with renters suffering more consistently high “cost burden” issues than owners.
Read More »Mortgage Interest Rates Edge Up for Second Week in a Row
Mortgage interest rates rose for the second consecutive week following a strong October jobs report and a slight jump in wage growth, which pushed Treasury yields up and increased chances for a December rate hike from the Federal Reserve.
Read More »