Posts Tagged ‘real estate investing’

Ratio for Mortgage Debt-to-GDP May Start Rising Again

July 22nd, 2016

Sources: Builder Confidence Holds Firm in July Foreclosure filings down 20% in first half of 2016 Housing Starts Rise 4.8 Percent in June Despite Rise in Default Rates, Credit Outlook Still Positive Remodeling Market Index Holds Steady in Second Quarter Castro Investigated for Hatch Act Violation Survey: Voters Want More, Not Less, Financial Regulation Fannie Mae: Brexit casts

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CFPB Celebrates Five Years Today

July 21st, 2016

Today’s News Synopsis: The NAHB reported their Remodeling Market Index continues to remain stable, standing at 53 after having slipped only one point.  RealtyTrac just released a list of the 35 best places to buy a home that were bad areas but now showing improvement.  CFPB celebrated five years today,

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Fannie Mae Says Interest Rate Hike Won’t Be Until June 2017

July 20th, 2016

Today’s News Synopsis: Fannie Mae said it will likely not be until June of next year when we see an increase in interest rates.  The Mortgage Bankers Association reported a 1.3% decrease in mortgage applications from last week.  Freddie Mac reported those 55 and older, which make up 1/4 of

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Consumers Remain Optimistic About Credit Despite Increase in Default Rates

July 19th, 2016

Today’s News Synopsis: HUD and the Commerce Departments reported a 4.8% increase in housing starts for June.  The latest data showed an increase in default rates for consumer credit and mortgages, yet despite this consumers still remain optimistic about credit.  Fannie Mae reported they are unsure about the market in

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NAHB Says Builder Confidence Holds Firm This Month

July 18th, 2016

Today’s News Synopsis: Julian Castro is under scrutiny by the U.S. Office of Special Counsel for his violation of the Hatch Act.  The NAHB reported builder confidence continues to hold firm this month , having only decreased by one point to 59.  A recent survey by the Center for Responsible

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Numbers Looking Good for Mortgage Activity with the Big Banks

July 15th, 2016

Sources: Foreclosures, serious delinquencies nearing decade low Mortgage Credit Availability Decreases in June NAHB: Single-family building lot sizes shrink to record low June construction starts up 4% – but seasonal decline is on the horizon Millennials with student debt not interested in buying homes Rising prices move hundreds of thousands into positive equity The American South: A

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CoreLogic Releases List of Top States for Foreclosure Filings

July 14th, 2016

Today’s News Synopsis: The latest Builder Applications Survey from the Mortgage Bankers Association reported a 0.2% decrease in new home purchase applications in June.  CoreLogic just released a list of the top states with the most foreclosures filed, New Jersey being#1 on the list.  Construction starts on nonresidential properties increased

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Communities Centered on the Farm Becoming More Popular for Homebuyers

July 13th, 2016

Today’s News Synopsis: The Mortgage Bankers Association reported a 7.2% increase in mortgage applications.  The main group right now not interested in purchasing a home is millennials still paying their student debt.  Interestingly, a popular site now for a lot of home-buyers are those centered on the farm. In The News: Mortgage

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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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Little to No Activity For Construction Jobs Was Reported in June

July 11th, 2016

Today’s News Synopsis: There was little to no activity for construction jobs in June with the unemployment rate decreasing to its lowest in 16 years.  Clear Capital believes the South will see the biggest growth for the housing market.  Despite mortgage rates being at their lowest on record, several people

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