Trends

Home sales declined in September, marking the fifth month this year when sales fell year-over-year, according to new data from RE/MAX
Home sales declined in September, marking the fifth month this year when sales fell year-over-year, according to new data from RE/MAX. However, sale prices were up in September, which marked the 71st consecutive month of year-over-year price increases.   Last month saw a 4.2 percent year-over-year... Keep Reading....
Home prices in August increased by 6.9 percent year-over-year and were up 0.9 percent from the previous month, according to new data from CoreLogic
Home prices in August increased by 6.9 percent year-over-year and were up 0.9 percent from the previous month, according to new data from CoreLogic.   Among the states, Washington and Utah had the greatest year-over-year gains in August, up 13 percent and 11.2 percent, respectively. West Virginia... more
The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications remained at the same from July into August
The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications remained at the same from July into August, according to First American Financial Corp.’s latest Loan Application Defect Index report. On a year-over-year measurement, last month’s... more
Black and Hispanic borrowers continued to more difficulty accessing home loans in 2016 than their white counterparts, according an analysis of Home Mortgage Disclosure Act (HMDA) data by the Center for Responsible Lending (CRL)
Black and Hispanic borrowers continued to more difficulty accessing home loans in 2016 than their white counterparts, according an analysis of Home Mortgage Disclosure Act (HMDA) data by the Center for Responsible Lending (CRL).   Using newly released 2016 HMDA data by the Federal Reserve, CRL... more
When asked to voice his opinion on President Trump’s proposed tax overhaul, Quicken Loans founder and Chairman Dan Gilbert preferred generous tax cuts
When asked to voice his opinion on President Trump’s proposed tax overhaul, Quicken Loans founder and Chairman Dan Gilbert preferred generous tax cuts to maintaining the status quo surrounding the mortgage interest deduction.   In an interview this morning on CNBC's "Squawk Box," Gilbert admitted... more