Home >> News >> Data (page 749)

Data

Application Volume Rises in March as Purchase Loans See Upward Trend

While the refinance boom "is coming off the boil," mortgage application data for March has Capital Economics confident that home purchase application volume is in the early stages of a sustainable comeback. Applications for purchase loans rose 4.5 percent from February to March and 11.4 percent over the past year--indicating an upward trend, even if volume is still low by historical standards. March's final week saw a 1 percent bump in the Mortgage Bankers Association's measure of purchase application volume.

Read More »

Report: Home Prices Keep Warm in Winter, Expected to Heat Up

While most of the country spent the winter fighting blizzard conditions and flu symptoms, home prices made it through the season relatively unscathed. According to Clear Capital, home prices ended March with a 6.5 percent year-over-year improvement, while the quarterly gain was a modest 0.9 percent. Over the next three quarters, Clear Capital is projecting growth of 1.7 percent, which would bring the 2013 forecast to 2.6 percent. That growth will differ by region, with the Northeast leading in gains.

Read More »

NAHB Touts Affordability of Newer Homes

The National Association of Home Builders (NAHB) wants people to know they may not be saving money by purchasing older homes. NAHB compared the cost of owning a home built before 1960 to the cost of homes built since 2008 and found that after taxes, the total cost of owning a home in its first year is about 23 percent more for an equally-priced older home.

Read More »

Survey: Agents More Optimistic About Housing as Market Shifts

Real estate agents are showing heightened optimism for housing as the market continues its swing toward sellers, Redfin observed in its latest Real-Time Agent Survey. According to brokerage's findings, the number of agents saying now is a good time to buy plummeted from 75 percent in Q3 2012 to just 57 percent in Q1 2013. At the same time, the number of agents saying now is a bad time to buy rose slightly, though the percentage is still low--5 percent in Q1 2013 compared to 2 percent in Q3 2012.

Read More »

Genworth Implements Mortgage Capital Insurance Plan

Genworth Financial got the go-ahead to implement its comprehensive capital plan for its mortgage insurance business. The plan has been fully implemented as of April 1, Virginia-based Genworth announced. The plan is expected to reduce Genworth Mortgage Insurance Company's (GMICO) risk-to-capital ratio by about 15 points and lower the combined risk-to-capital ratio of the U.S. mortgage insurance subsidiaries by about 10 points.

Read More »