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Mortgage Applications Continue Losing Streak
Mortgage application volume continued a downward spiral during the week ended May 15. The Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of application volume, was down 1.5 percent on a seasonally adjusted basis compared to the
Can the Housing Recovery Handle Higher Rates?
That headline question is the focus of the May Economic and Housing Outlook produced by Freddie mac's Office of the Chief Economist. The economic team, headed by Leonard Kiefer, Deputy Chief Economist, notes that housing stumbled in 2013 when rates rose
Construction Numbers Highest Since 2007, Crushing Expectations
Residential construction numbers soared in April after a dismal March and both the number of residential permits issued and housing starts easily outpaced the expectations of analysts surveyed earlier by Reuters. The numbers were especially strong in
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...