Trends

This year’s housing market is starting off on a strong lead, according to new data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD)
This year’s housing market is starting off on a strong lead, according to new data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD).   There were 555,000 new single-family houses sold in January, which is 3.7 percent above the revised December rate of 535... Keep Reading....
Today’s housing data news could be seen as the industry’s Valentine’s Day gift to the economy.   Mortgage applications for new home purchases in January increased by 22 percent from December and by 9.2 percent from a year ago, according to the latest Builder Application Survey released by the... more
Average mortgage rates took a slight dip in the latest Freddie Mac Primary Mortgage Market Survey (PMMS).   The 30-year fixed-rate mortgage (FRM) averaged 4.17 percent for the week ending Feb. 9, down from last week when it averaged 4.19 percent. The 15-year FRM this week averaged 3.39 percent,... more
The intersection of marriage and homeownership is growing wider
The intersection of marriage and homeownership is growing wider, as a new data study from Zillow has found almost 15 percent of all homebuyers between the ages of 24 and 35 during 2015 were unmarried couples, up from 11 percent in 2005.   In some markets, there is a greater prominence of unmarried... more
This year got off to a good start in terms of mortgage credit availability
This year got off to a good start in terms of mortgage credit availability, according to new data from the Mortgage Bankers Association (MBA).   During January, the MBA’s Mortgage Credit Availability Index (MCAI) increased 1.1 percent to 177.1 in January. Three of the four component indices saw... more