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Ebbing Refinance Demand Weighs on Mortgage Applications

by devteam May 27th, 2015

Mortgage applications declined overall for the fifth straight week even though there was a slight uptick in applications for purchase mortgages. The Mortgage Bankers Association (MBA) said that its Market Composite Index, a measure of mortgage application

FHFA Notes Less Aggressive Home Price Gains

by devteam May 26th, 2015

The numbers on home price trends for March from the Federal Housing Finance Agency (FHFA) were somewhat less aggressive that those also released on Tuesday from S&P Dow-Jones Case-Shiller indices. While it is like comparing apples to eggplants it

New Homes Sales Recover Some of March Losses

by devteam May 26th, 2015

New home sales beat most analyst expectations in April, rising 6.8 percent to a seasonally adjusted annual rate of 517,000 units and posting a 26.1 percent gain over the annual pace of 410,000 units in March 2014. Despite the increase, April sales did

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