Consumers got on the refinance bus last week, driving mortgage applications up for the second consecutive week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 14.
The Mortgage Bankers Association sent a letter this week to House leadership, urging support for legislation that would allow more appraisers practicing in the field today to become eligible to conduct real estate evaluations on properties subject to mortgages insured by the Federal Housing Administration.
Supply constraints continue to prevent a sizzling housing market from turning white-hot, with April housing starts falling by nearly 10 percent, HUD and the Census Bureau reported Tuesday.
Occupancy rates for single-family rental homes have reached a generational high, driving up SFR rent growth, two new reports said.
TransUnion, Chicago, said despite shockwaves felt from the COVID-19 pandemic, the consumer credit market is strongly positioned as many parts of the country prepare to enter new phases of re-opening this summer.