Current Market Data
Is it still tough to get a mortgage? New numbers from the Federal Reserve offer an enlightening perspective on the issue. It’s the question on everyone’s mind, now that the housing market is on a slow, sustainable path to
Inflation, housing demand and the Syrian opposition all have one thing in common; can you guess what it is? Mortgage rates for 15- and 30-year mortgage in the first week of May, according to the latest Primary Mortgage Market
For the second straight year, both the income and business activity for Realtors increased in 2012, with incomes jumping by 25 percent. 2012 was a good year for Realtors, with both business activity and income up for the second
The news was relatively good for Illinois’ foreclosure markets in April, with foreclosure activity down by double-digit amounts. RealtyTrac’s U.S. Foreclosure Market Report for April was relatively kind to Illinois, showing the state’s foreclosure markets to be improving. Overall foreclosure
Qualified mortgage standards are back in the news, with the FHFA announcing that it is on track to adopt the standards’ “ability to repay” provisions. The Federal Housing Finance Agency’s (FHFA) has announced that beginning Jan. 10, 2014, Fannie
We often hear about how beneficial home sales are for the greater economy, but NAR has finally done the research and slapped a value on the whole process. Housing, the narrative goes, is among the most versatile and dextrous
American consumers are growing more and more confident with the housing recovery, according to Fannie Mae’s latest National Housing Survey. More than half of American consumers expect home prices to rise within the next year, according to the latest
Freddie Mac and Fannie Mae, those long beleaguered GSEs, put up some of the strongest incomes in their history in 2013’s first quarter. After putting up their most impressive numbers in years in the final months of 2012, both
First-time homebuyers represent a hugely important swath of the homebuying public, and a new study has pinpointed some of their key characteristics. First-time homebuyers serve an integral role in the U.S. housing market. Along with comprising between 30 and
First-time homebuyers represent a hugely important swath of the homebuying public, and a new study has pinpointed some of their key characteristics. First-time homebuyers serve an integral role in the U.S. housing market. Along with comprising between 30 and
CoreLogic’s Home Price Index has been on a tear the last year, and its findings for March 2013 were its strongest findings yet. The March CoreLogic Home Price Index put up its best numbers yet in the housing recovery,
The FHFA has been resisting calls for a principal reduction program, but a new study by the CBO has lent considerable heft to the policy’s corner. It’s been an ongoing saga, one of Shakespearean proportions: will the FHFA ever
The government’s Home Affordable Modification Program, or HAMP, received a stinging report from the inspector general of TARP that questioned its merits. The government’s Home Affordable Modification Program, or HAMP, was among its major responses to the housing downturn,
Fannie Mae is releasing a loan-level credit performance data on 18 million mortgages, which will help develop potential risk sharing transactions. Fannie Mae announced that it is making loan-level credit performance data available on over 18 million single-family mortgages
Mel Watt, the Democratic representative from North Carolina, is President Obama’s pick to head the FHFA, a role that would give him enormous sway over housing. News broke yesterday that Mel Watt, a long-time Democratic representative from the state
Home remodeling projects have a certain romanticism to them, and though some are worth the time and effort, others do not recoup their expenses. Who doesn’t love home remodeling? After all, remodeling is one of the defining reasons for