Posts Tagged ‘Weekly Mortgage Applications Survey’

Bloomberg Releases List of Cities With Highest Household Incomes

March 22nd, 2017

Today’s News Synopsis: Realtor.com released their list of the top places where millennials prefer to purchase real estate.  The latest Bloomberg analysis also showed which cities’ homes had the highest household incomes.  Sales of existing homes were lower last month at 5.48 million after having seen an increase the previous

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Fannie Mae’s Forecast Does Not Expect Much Economic Change

March 15th, 2017

Today’s News Synopsis: The Mortgage Bankers Association reported a 3.1% increase in mortgage applications from last week.  In their latest Housing Market Index, the NAHB reported builder confidence is at its highest in 12 years at 71.  Fannie Mae released their latest economic forecast, showing they do not expect much

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Generation Seeing More Returning to Home Buying is Generation X

March 8th, 2017

Today’s News Synopsis: The Mortgage Bankers Association reported a 3.3% increase in mortgage applications from last week as a result of more borrowers frantically trying to get in before rates get higher.  The generation that is seeing more and more people returning to buying homes is Generation X.  Fewer homes

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New Jersey, Illinois, and New Hampshire Among States With Most Property Taxes

March 1st, 2017

Today’s News Synopsis: WalletHub’s latest report showed the most property taxes are located in states such as New Jersey, Illinois, New Hampshire, and other Democratic states.  The Wealth Report also released their latest data showing the the luxury markets with the most real estate price increases were all in China.

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Existing-Home Sales Increase to Highest in 10 Years

February 22nd, 2017

Today’s News Synopsis: Existing-home sales increased 3.3% to 5.69 million last month, their highest in ten years.  The Mortgage Bankers Association reported a 2% decrease in mortgage applications from last week.  In the midst of a slow recovery from the recession, Toll Brothers reported positive earnings. In The News: Mortgage Bankers Association –

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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 –

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Fannie Mae Plans to Release Financial Results For 2016 and Fourth Quarter on Friday

February 8th, 2017

Today’s News Synopsis: The Mortgage Bankers Association reported a 2.3% increase in mortgage applications from last week.  HomeUnion released a list of the top cities where landlords could expect to see the best returns on rentals.  Fannie Mae plans to release the financial results for 2016 and for the fourth

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AppFolio Releases AppFolio Releases List of Markets Where Renting is the Most and Least Affordable

February 1st, 2017

Today’s News Synopsis: Homeownership and vacancy rates across the nation totaled 1.8% and 6.9% in the fourth quarter according to the latest Census Bureau report.  AppFolio just released their list of markets where renting is the most and least affordable.  Redfin and Sun Number also released their list of top

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House Flipping Increasing Across the United States

January 25th, 2017

Today’s News Synopsis: House flipping is showing signs of increase in the United States, specifically in areas like Las Vegas, Detroit, and Chicago.  CoreLogic’s latest report showed distressed sales are at levels seen back in 2007, standing at 7.7%, while cash sales stand at 31.8% in October.  Redfin reported a

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Ruling Made By Ninth Circuit Court in Favor of Fannie Mae has been Overruled

January 18th, 2017

Today’s News Synopsis: The NAHB reported builder confidence continues to hold steady, having only decreased 2 points to 67.  The Mortgage Bankers Association reported a 0.8% increase in mortgage applications from last week.  A ruling made by the Ninth Circuit Court allowing Fannie Mae to bring state lawsuits directly to

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