Trends

Potential homeowners were paying more attention to the Thanksgiving holiday than to home loans, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Nov. 24
Mortgage applications for new home purchases were up by 12.2 percent year-over-year in November, but were down by six percent from October, according to the latest Builder Applications Survey released by the Mortgage Bankers Association (MBA).   The MBA estimated new single-family home sales were... Keep Reading....
Led by a solid increase in single-family starts, nationwide housing production rose 0.9 percent to a seasonally adjusted annual rate of 891,000 units in August, according to figures released by the U.S. Department of Housing & Urban Development (HUD) and the U.S. Census Bureau. Meanwhile,... more
Mortgage applications increased 11.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Sept. 13, 2013. The previous week’s results included an adjustment for the Labor Day holiday. The Market... more
Rates on the most popular types of mortgages eased slightly according to HSH.com's Weekly Mortgage Rates Radar. The average rate for conforming 30-year fixed-rate mortgages fell by three basis points (0.03 percent) to 4.65 percent. Conforming 5/1 Hybrid ARM rates decreased by six basis points,... more
Data through August 2013, released by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed decrease in national default rates during the month. The national composite was 1.34 percent... more