Trends

Average mortgage rates were on the rise after several weeks in decline, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending April 26
Average mortgage rates were on the rise after several weeks in decline, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending April 26.   The 30-year fixed-rate mortgage (FRM) averaged 4.03 percent, up from last week when it averaged 3.97 percent. The 15-year FRM this... Keep Reading....
Real house prices increased in February by 0.7 percent from January and by 11 percent year-over-year
Real house prices increased in February by 0.7 percent from January and by 11 percent year-over-year, according to the latest house price index report from First American Financial Corp.   During February, home prices were 32.8 percent below their housing-boom peak in July 2006 and 9.7 percent... more
Today’s housing data news is not particularly new—home prices are up again
Today’s housing data news is not particularly new—home prices are up again.   According to new data from Black Knight Financial Services (BKFS), home prices hit another peak in February. Black Knight’s Home Price Index reached $268,000 during the month, a 0.8 percent increase from January and a 5.7... more
April was a sluggish month for the apartment rental business, according to the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions
April was a sluggish month for the apartment rental business, according to the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions.   All four NMHC indexes used to measure the market saw increases in April, but were below the breakeven level of 50: market... more
The mortgage delinquency rate in March fell 14 percent on a month-over-month measurement
The mortgage delinquency rate in March fell 14 percent on a month-over-month measurement, reaching its lowest level since March 2006, according to new data from Black Knight Financial Services (BKFS). The March mortgage delinquency rate is also the fourth lowest recorded during the 21st Century.  ... more