News Flash

One million homes returned to positive equity positions over the first three quarters of 2016, according to new data released by Black Knight Financial Services (BKFS)
One million homes returned to positive equity positions over the first three quarters of 2016, according to new data released by Black Knight Financial Services (BKFS), which concluded that the national negative equity rate is now 4.4... Read more
In one of his final acts as the head of the Department of Housing and Urban Development (HUD), Secretary Julián Castro announced the Federal Housing Administration (FHA) will reduce the annual premiums by 25 basis points for most new... Read more
It may only be the sixth day of 2017, but Sen. Elizabeth Warren (D-MA) is already planning for Election Day 2018.   In an email to her supporters, the senator announced that she is running for re-election next year. And she began her... Read more
In advance of Thursday’s Senate confirmation hearing of Dr. Ben Carson to become the next Secretary of the U.S. Department of Housing & Urban Development (HUD)
The Senate Committee on Banking, Housing and Urban Affairs has announced that it will meet on January 12 for the confirmation hearing of Dr. Ben Carson’s nomination to be the next Secretary of Housing and Urban Development (HUD).   The... Read more
San Francisco
It may be a new year, but when it comes to the apartment rental market it seems that nothing much has changed.   According to new data from ABODO, San Francisco leads the nation with the highest rent: an average of $3,526 for a one-bedroom... Read more
For the first time since Election Day, fixed mortgage rates took a tumble. According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 4.20 percent for the week ending Jan. 5, down from... Read more
It might be the middle of winter, but Ten-X is heating things up with its new Top Single-Family Housing Markets Report for Winter
It might be the middle of winter, but Ten-X is heating things up with its new Top Single-Family Housing Markets Report for Winter. In an analysis of the nation's 50 largest housing markets, the top 10 consisted (in order) of four Florida... Read more
Buying a home is more cost-effective than renting in two-thirds of the nation’s housing market, according to the 2017 Rental Affordability Report issued by ATTOM Data Solutions. In a data study of 500 U.S. counties, the report concluded... Read more
The delinquency rate commercial real estate loans in commercial mortgage-backed securities (CMBS) reached the 5.23 percent level in December
The delinquency rate commercial real estate loans in commercial mortgage-backed securities (CMBS) reached the 5.23 percent level in December, an increase of 20 basis points from November and its highest level since October 2015, according... Read more
Sen. Mike Crapo (R-ID) has been named the new chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs Committee
Sen. Mike Crapo (R-ID) has been named the new chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs Committee. He replaces Sen. Richard Shelby (R-AL), who is required to step down from the chairmanship due to Senate... Read more

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