Posts Tagged ‘NAHB’

Zillow Reports Slowest Increase in Rents Since November 2012

April 20th, 2017

Today’s News Synopsis: Mortgage rates decreased again to below 4% with 30-year rates now at 3.97% and 15-year rates at 3.23%.  Confidence in the housing market is higher as shown by the increase in home remodeling.  Zillow reported the slowest increase in rents since November 2012 in their latest Real

Read More »

Fannie Mae Economic Outlook Does Not Expect Much Change This Year

April 17th, 2017

Today’s News Synopsis: The NAHB reported builder confidence remained relatively stable this month, having only decreased 3 points to 68.  Fannie Mae released their Economic and Housing Outlook for April, showing it remaining at 2% and not likely to change much this year.  Blueprint Robotics in Baltimore builds houses on

Read More »

Over 5% of Homeowners Late on Paying Mortgages Last January

April 11th, 2017

Today’s News Synopsis: Over 5% of homeowners were late paying their mortgages last January according to the latest analysis from CoreLogic.  The sales of vacation homes decreased 22% last year according to the National Association of Realtors.  The NAHB reported a slight increase in construction jobs in February, putting them

Read More »

Southern States Are Where the Best Housing Market Appreciation is Found

February 23rd, 2017

Today’s News Synopsis: According to the latest report from Zillow, the Southern States are the places to go to find housing markets with the best appreciation.  The FHFA released their latest report showing a 1.5% increase in home prices in the fourth quarter.  Mortgage rates continue to remain steady due

Read More »

Housing Affordability at Lowest in 8 Years, Yet Still Remains Positive

February 16th, 2017

Today’s News Synopsis: The latest study from ATTOM Data Solutions showed that of the homes valued at a total of $4.9 trillion, 17.3 million of them are in zip codes where environmental hazards are a high risk.  The latest HUD and Census Bureau reports showed housing starts decreased 2.6% to

Read More »

MBA Reported Increase in Delinquencies on Mortgages in Fourth Quarter

February 15th, 2017

Today’s News Synopsis: The Mortgage Bankers Association reported a 3.7% decrease in mortgage applications from last week.  They also reported an increase in delinquencies in the fourth quarter, putting them now at 4.8%.  NAHB reported builder confidence decreased slightly to 65 but continues to remain stable. In The News: Mortgage Bankers Association –

Read More »

Sales of Distressed Properties in the U.S. at Lowest in 9 Years

February 2nd, 2017

Today’s News Synopsis: Freddie Mac reported mortgage rates continue to remain stable after increasing last week; 30-year rates now at 4.19% and 15-year rates at 3.41%.  Sales of distressed properties in the U.S. are at their lowest in nine years, making up 16.2% of single-family and condo sales.  The housing

Read More »

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

Read More »

Foreclosure Filings Decreased to their Lowest in 10 Years Last Year

January 12th, 2017

Today’s News Synopsis: Foreclosure filings decreased to their lowest in 10 years last year according to the latest ATTOM Data Solutions report.  Mortgage rates decreased again for the second week in a row with 30-year rates at 4.12% and 15-year rates at 3.37%.  Dr. Ben Carson told the Senate Banking

Read More »

NAHB Stated Multifamily Market Continues To Remain Strong Despite Slight Slowdown

January 11th, 2017

Today’s News Synopsis: The NAHB gave an update on the multifamily housing market at their latest International Builders’ Show, saying it has slowed down a little but continues to remain strong.  On the same note, Freddie Mac was named the top lender for multifamily loans for the second consecutive year.

Read More »