Trends

Racism Questioned in Mortgage Denial Rates and New Facebook Probe
The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination
The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination in Facebook’s advertising platform.   An... Keep Reading....
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Freddie Mac loans that went into the Home Affordable Refinance Program (HARP) following the 2008-2009 financial crisis will continue to outperform loans that did not, according to a new analysis from Moody’s Investor Service
 Freddie Mac loans that went into the Home Affordable Refinance Program (HARP) following the 2008-2009 financial crisis will continue to outperform loans that did not, according to a new analysis from Moody’s Investor Service. However, Moody’s added that HARP loans will continue to underperform... more
The coming of spring seems to have warmed up the homebuying process, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 23
 The coming of spring seems to have warmed up the homebuying process, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 23.   The Market Composite Index rose by 4.8 percent on a seasonally adjusted basis from one week earlier... more
More people were taking out home loans last week, according to new data from the Mortgage Bankers Association (MBA)
 Pending home sales were on the rise last month despite inadequate inventory and evaporating affordability, according to the National Association of Realtors (NAR).   The trade group’s Pending Home Sales Index (PHSI) rose by 3.1 percent to 107.5 in February from a downwardly revised 104.3 in January... more
Home prices are still going up, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index
 Home prices are still going up, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which reported a 6.2 percent annual gain in January, down slightly from 6.3 percent in the previous month. The 10-City Composite annual increase came in at six percent, the... more

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