The Mortgage Bankers Association reported October mortgage applications for new home purchases increased by 5 percent from September and by nearly 33 percent from a year ago.
The Federal Housing Finance Agency yesterday released a final rule that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac.
The October housing starts report from HUD and the Census Bureau shows home builders continue to respond to consumers’ seemingly insatiable demand for new housing.
RE/MAX, Denver, said for the first time since 2009, homes sold faster in October than the preceding summer peak season.
The most volatile and unpredictable economy in a decade has produced the strongest housing market in more than a decade—and, according to the Mortgage Bankers Association, it could get even stronger.