What Mortgage Professionals Are Reading - Week Ending Friday, July 3 2015 #trending

NationalMortgageProfessional.com

Jul 06, 2015

The top 5 most read articles from last week.

1. After SCOTUS Same-Sex Marriage Ruling, Will LGBT Housing Protections Follow?
2. Will This be the Summer of Supersonic Sales?
3. Robert Reich Blasts GSE Heads' Pay Hikes
4. Seven in California Indicted on Mortgage Fraud
5. Credit Reports and Credit Scores

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Jul 06, 2015

Analysis and Data

August New Home Purchase Mortgage Applications Fell 17% YOY

MBA says prospective buyers turning to new homes due to lack of inventory for existing homes

Mortgage applications for new home purchases in August decreased 17% from the same month last year, but increased by 9% from July, the Mortgage Bankers Association (MBA) reported today. The MBA said its Builder Application Survey (BAS) data for August 2021 does not include ...

Analysis and Data

Home-Flipping Rates Rose, Profits Dipped in 2Q

The highest raw profits on median-home flips, measured in cash, are concentrated in the West, Northeast, and South.

The 2021 U.S. Home Flipping Report by ATTOM shows that 4.9% of all home sales in the second quarter of 2021 were single-family homes and condominiums being flipped, representing the first increase in a year. The home flipping rate rose 3.5% from the first quarter to the se...