All three measures of residential construction activity performed poorly in June , and the two most closely watched numbers, construction permits and housing...
Read MoreAs analysts had expected, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) remained at 68 this month. The reading...
Read MoreMortgage rates fell to their lowest levels since late May as of last Friday. Today, then, would be the 2nd best day since...
Read MoreMortgage rates fell by an observable amount today-- one of the few times they've done so in recent weeks. Technically, today's average lender...
Read MoreWhile the Labor Department's Employment Situation Report for June showed wages plodding along at a 2.7 percent annual increase, unchanged from May, it...
Read MoreThis month's Mortgage Monitor Report from Black Knight, Inc. is again about equity, but this time with a twist regarding the way homeowners...
Read MoreThe Mortgage Bankers Association attributed an increase in its Mortgage Credit Availability Index (MCAI) last month to increased competition among lenders for the...
Read MoreFannie Mae recently made some fairly big changes to the condo underwriting process. While it may not affect everyone in the market for...
Read MoreMortgage rates finally fell today--something that's proven elusive since roughly June 15th. Incidentally, that's when financial markets began bracing for the impact of...
Read MoreFannie Mae's Lender Sentiment Survey has foreshadowed the growing attention to automating the loan approval process. That survey underlined the extent to which...
Read More