Freddie Mac has released its February Insight report, which “looks into the effects of higher mortgage rates on home buyers, homeowners wishing to refinance, mortgage lenders, home builders and real estate agents.” For this latest Insight report, Freddie Mac economists ...
Read More »The Week Ahead: Pending Home Sales Forecast Future Trends
The National Association of Realtors will release its Pending Home Sales Index at 10 a.m. on Wednesday, February 28. The Pending Home Sales Index tracks sales of existing homes in which a contract has been signed, but the deal is ...
Read More »Report Questions Effectiveness of Fed’s Crisis-Era Purchases
A report presented Friday by economists at the U.S. Monetary Policy Forum questioned the effectiveness of the Federal Reserve’s asset purchases during the 2008 financial crisis. The conference is held annually at the University of Chicago Booth School of Business, ...
Read More »Single-Family Rents Up Year-Over-Year
CoreLogic has released its latest Single-Family Rent Index (SFRI), with insights into the month of November 2017. As CoreLogic reports, national single-family rent prices were steadily on the upswing between 2010 and 2017, but with year-over-year rent price growth rate ...
Read More »Home Prices Decelerating in Luxury Markets
Since the 2008 financial crisis, predicting where the housing market is headed next has become a game with very high stakes indeed. Tracking the interactions between home prices, affordability, the impact of regulation (or deregulation), and a thousand other factors ...
Read More »Can Online Lending Decrease Risk?
Technological innovation is changing the way the mortgage industry works, and the model followed by lenders who have embraced technology such as end-to-end online mortgage application and approval processes have made lending a less risky prospect, according to a report ...
Read More »Mortgage Delinquencies Dip, Foreclosure Starts Spike
Mortgage delinquencies dropped 8.6 percent between December and January, but remained up year-over-year, according to the latest First Look at January mortgage performance data from Black Knight, Inc. Black Knight cites calendar-related effects and a continued decrease in hurricane-related delinquencies ...
Read More »The Industry Pulse: Updates on Morningstar, CoreLogic, and More …
Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Chicago-headquartered Morningstar Credit Ratings has announced the appointment of Brian Grow as President of the company. In his new ...
Read More »FHA Announces Expanded Mortgage Relief for Disaster Victims
The Federal Housing Administration (FHA) has provided additional relief to victims of the natural disasters that hit the nation in 2017. On Thursday, FHA announced expanded mortgage relief to FHA-insured homeowners who live or work in areas impacted by the ...
Read More »Wallison: Treasury Department Wrong on Regulation Approach
Former White House Counsel and Senior Fellow in Financial Policy Studies at the American Enterprise Institute Peter J. Wallison put in an appearance Thursday on CNBC’s The Santelli Exchange, where he criticized the U.S. Treasury Department’s recent approach to regulation ...
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