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....
October home sales were up by 2.5 percent on a year-over-year basis but were down 3.4 percent from September
October home sales were up by 2.5 percent on a year-over-year basis but were down 3.4 percent from September, according to the latest RE/MAX National Housing Report. Thirty-seven of the 53 metro areas tracked by RE/MAX saw year-over-year home sale increases, most notably Albuquerque, N.M., with a... more
Home prices were up 7.6 percent on a year-over-year basis in October, according to new data from Redfin
Home prices were up 7.6 percent on a year-over-year basis in October, according to new data from Redfin, which the median sales price at $288,000. However, sales were down by 0.1 percent from last year, marking the fourth consecutive month of year-over-year sales declines.   Redfin reported the... more
Single-family housing starts in October were at a rate of 877,000, up by 5.3 percent from the revised September figure of 833,000
Single-family housing starts in October were at a rate of 877,000, up by 5.3 percent from the revised September figure of 833,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Privately-owned housing starts in October were at a seasonally... more
Genworth Mortgage Insurance has released the results of its survey of 200 mortgage industry professionals conducted at this year’s Mortgage Bankers Association Annual Convention & Expo in Denver
Genworth Mortgage Insurance has released the results of its survey of 200 mortgage industry professionals conducted at this year’s Mortgage Bankers Association Annual Convention & Expo in Denver. The survey addressed several topics, including a focus on impediments to achieving homeownership... more