Tag Archives: mortgage

Home prices have hit record highs once again, according to a national price index released today. And with high demand and tight inventory, they’re likely to keep rising for the foreseeable future. So, how long do we have until the bubble bursts? Today’s index has some answers.

According to a new survey from Fannie Mae, lenders have loosened their credit standards once again, marking the third straight quarter standards have eased up. Does this make a trend, though? And what’s inspiring lenders to expand the credit box? The survey has some interesting insights.

Freddie Mac’s belt is getting a little bit tighter as its portfolio increases yet again. But while it certainly rose over last month, the portfolio’s growth is nothing compared to a few months prior. So what does that mean for the long-term health of the GSE?

If a recent analysis is accurate, seller’s days may be numbered. Markets in once-hot major cities have all showed signs of slowing down in recent months, but does it spell a nationwide trend?

The overall rate of default in the U.S. has hit its lowest point in five months, but not every product is seeing a drop. Which ones are experiencing steep declines and which are on the rise? Read on to find out.

A major company in the mortgage industry shed hundreds of nonperforming loans recently. Read on to find out which company, and how much their haul was for.

It seems renters may finally be setting their sights on homeownership, if a new analysis released on Thursday rings true. In the first quarter of this year, the share of home shoppers who were either non-homeowners or renters rose noticeably over recent years. But what could it mean for investors and lenders? And will the uptick continue?

Overall default risk is up, according to an index released on Tuesday. Up 25 points over fall 2016’s numbers, risk of default is rising that’s to higher mortgage rates and tightening monetary conditions. The risk will likely continue its upward climb too, especially if the Federal Reserve raises rates again—as expected—later on in the year. According to the report, investors and lenders can expect today’s loans to hold a 6 percent higher risk of default than loans of the 1990s.

According to a new report, mortgage lenders are taking increased credit risks similar to those of the early 2000s, Released on Tuesday, the report shows that tThe level of credit risk taken by lenders in Q1 of 2017 was about the same as the average risk taken between 2001 and 2003. The shift is likely a result of declining refinances, rising mortgage rates, and an increased share of investor, condo, and co-op purchases.

According to a new report issued on Friday, home price appreciation rates are disparate between the nation’s most and least expensive cities—and that gap is only widening. While 16 percent of U.S. markets have seen housing prices jump 40 percent since the year 2000, another 30 percent of cities actually saw prices decline over the same period. Despite the discrepancy, nominal prices rose in 97 out of the nation’s 100 biggest metro areas last year due to high demand and tightening supply. As a result, affordability is on the downslope across the nation; an estimated 19 million households spent more than half of their income on housing.