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Lackluster Purchase Activity Boosts Refi Share
What little life there was in mortgage volume last week came from refinancing. That wasn't saying much. The Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of application volume, increased 3.6 percent on a seasonally adjusted
Cash Sales Continue Year-over-Year Retreat
The level of cash sales remains high in several states, mostly those also still experiencing a high level of foreclosures . CoreLogic said on Tuesday however that on a national basis the level of those sales has now fallen to the lowest percentage since
Housing Starts near 8 Year High While Multi-Fam Skews Permits
Permits for residential construction fell sharply in July, down 16.3 percent from June while remaining 7.5 percent above the level of one year earlier. The U.S. Census Bureau and Department of Housing and Urban Development's joint release said permits
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...