Posts Tagged ‘Census Bureau’

Mortgage Rates Drop Again For Third Week in a Row

January 19th, 2017

Today’s News Synopsis: Production on multifamily houses across the nation increased 11.3% in December to 1.23 million.  Optimism for home remodeling continued to remain strong in the fourth quarter, coming in at 53.  Freddie Mac reported mortgage rates dropped again for the third week in a row with 30-year rates

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HUD and the U.S. Census Bureau Report 5.2% Increase in New Home Sales

December 23rd, 2016

Sources: Home Values Rise at Fastest Pace Since 2006 U.S. Home Affordability Drops to 8-Year Low in Q4 2016 Existing-Home Sales Forge Ahead in November Cash and Distressed Sales Update: September 2016 Mortgage Rates At Two-Year High 9 Real Estate Trends to Expect in 2017 Confidence Improves at the Prospect of Pro-Growth Policies Today’s News Synopsis: Aaron Norris of

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New Home Sales Decrease But Still Remain Strong

September 26th, 2016

Today’s News Synopsis: HUD and the Census Bureau reported new home sales decreased 7.6% in August but continue to remain strong at 609,000.  Delinquencies also declined 9 basis points, but as well they are still high compared to the early part of the millennium.  In a surprising story, property that

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GSEs Release Newly Revised Uniform Residential Loan Application

August 23rd, 2016

Today’s News Synopsis: HUD and the Census Bureau reported a 12.4% increase in new home sales, putting the at their highest in 9 years.  A new bill called the Homeowner Survivor Bill of Rights was just approved by the California Assembly that would protect widows and widowers from being foreclosed

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Bankrate Survey Shows Real Estate is Most Popular Place to Invest

July 25th, 2016

Today’s News Synopsis: Home remodeling projects are expected to reach $321 billion by next year, putting its growth at 8% and numbers not seen since before the crash.  A new report was released by the government recently that outlined what the Treasury, HUD, and FHFA have achieved as well as

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Building Lots for Single-Family Homes at Lowest on Record

July 12th, 2016

Today’s News Synopsis: Building lots for single-family homes were shown to be at their lowest on record at 8,600 square feet.  Corelogic reported foreclosures and serious delinquencies are at their lowest since 2007 with foreclosures around 390,000.  More and more people are moving out of negative equity as prices continue

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Ocwen Financial Required to Pay $30 Million in Fraud Lawsuit

June 23rd, 2016

Today’s News Synopsis: The National Association of Realtors reported existing home sales increased 1.8% last month to their highest since 2007.  Meanwhile, sales of new homes decreased 6% last month to 551,000.  Ocwen Financial has been required to pay $30 million in a settlement regarding fraud. In The News: Mortgage Professional America –

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New Data By Black Knight Shows Ten States With Greatest Home Price Increases

April 25th, 2016

Today’s News Synopsis: New data from HUD and the Census Bureau shows new home sales for single-family homes decreased by 1.5%.  Black Knight Financial reported mortgage delinquency rates are at their lowest in 16 years at 1.95%.  Black Knight also released their list of the top ten states showing the

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Census Bureau Releases Latest Results of Cities That Grew the Most in 2015

March 24th, 2016

Sources: New scam robbing home buyers of closing funds Fannie Mae and Freddie Mac: If You Can’t Kill Them, Merge Them? A More Promising Road to GSE Reform Actor Jeremy Renner’s Secret Passion: House Flipping Today’s News Synopsis:   Aaron Norris gives the news of the week in the world of real estate in this week’s

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Mortgage Delinquencies Make Comeback According to Black Knight Financial

March 23rd, 2016

Today’s News Synopsis:   The sale of new homes increased by 2% last month according to HUD and the U.S. Census Bureau.  The Mortgage Bankers Association reported a 3.3% decrease in mortgage applications from last week.  Black Knight’s “First Look” mortgage data report showed delinquencies made a comeback last month.   In The

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