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Single Women Outpace Single Men as Homeowners
Single women own 22 percent of U.S. homes, compared to the 13 percent share owned by single men, according to new data from LendingTree
Single women own 22 percent of U.S. homes, compared to the 13 percent share owned by single men, according to new data from LendingTree.   Among the nation’s major cities, New Orleans has the highest ratio of single women homeowners compared to their male counterparts, with a 27 percent to 15... Keep Reading....
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The outlook for profit among lenders during the fourth quarter reached an all-time survey low across all loan types in Fannie Mae’s latest Mortgage Lender Sentiment Survey
 The outlook for profit among lenders during the fourth quarter reached an all-time survey low across all loan types in Fannie Mae’s latest Mortgage Lender Sentiment Survey.   The Survey reported lenders’ net profit margin outlook was negative for the ninth consecutive quarter, reaching the lowest... more
For most homebuyers, purchasing a property no longer involves diving into a bidding war
 For most homebuyers, purchasing a property no longer involves diving into a bidding war.   According to new data from Redfin, 32 percent of offers written by the brokerage’s agents on behalf of their home-buying customers faced one or more competing bids in November, down from 45 percent one year... more
Mortgage applications were up for the third consecutive week, according to Mortgage Bankers Association (MBA) data tracking activity for the week ending Dec. 7
 Mortgage applications were up for the third consecutive week, according to Mortgage Bankers Association (MBA) data tracking activity for the week ending Dec. 7.   The Market Composite Index increased by 1.6 percent on a seasonally adjusted basis from one week earlier, although the unadjusted index... more
The Federal Home Loan Bank of San Francisco (FHLB San Francisco) stated it would cease publication of three cost of funds indices early in 2020 due to the reduced number financial institutions reporting the data used to calculate the indices
 The Federal Home Loan Bank of San Francisco (FHLB San Francisco) stated it would cease publication of three cost of funds indices early in 2020 due to the reduced number financial institutions reporting the data used to calculate the indices.   The 11th District Monthly Weighted Average Cost of... more

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