Loans in forbearance fell again in January to pre-pandemic lows, the Mortgage Bankers Association reported on Monday.
Mortgage applications fell to their lowest level since December 2019 as mortgage interest rates stayed above 4 percent, the Mortgage Bankers Association reported Wednesday in its Weekly Applications Survey for the week ending Feb. 18.
The S&P CoreLogic Case-Shiller Home Price Indexes finished 2021 with the single-highest rate of increase in 34 years of data-keeping. In a separate report, the Federal Housing Finance Agency said 2021 home prices rose by 17.5 percent.
CBRE, Dallas, said the flex-office sector has grown more sophisticated during the pandemic and is helping employers accommodate changing office-use patterns.
The Conference Board, New York, said its Consumer Confidence Index fell for the second straight month in February to its lowest level since October, as expectations continued to weaken.