A flurry of economic reports shows U.S. home price appreciation, triggered by low housing inventories, keep pushing toward—and beyond—double-digit percentage annual growth.
Tag: First American Financial Corp.
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Housing Market Roundup
Here’s a quick-hit summary of several housing and housing finance reports released over the past several days:
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Despite January Pullback, Housing Starts Remain Strong
After a terrific December, January housing starts, as expected, fell back a bit but maintained a strong pace, HUD and the Census Bureau reported yesterday.
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January Employment Picture Brightens a Little
Employers added 49,000 jobs in January, the Bureau of Labor Statistics reported Friday. And while the unemployment rate fell from 6.7% to 6.3%, Americans are still dealing with nearly 10 million jobs fewer than a year ago as a result of the coronavirus pandemic.
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Industry Briefs Feb. 3, 2021
Rocket Mortgage, Detroit, launched a national mortgage broker directory, which is prominently displayed on its website.
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Home Prices Jump on Robust Demand; Housing Gains at 15-Year High
Home prices are rising at rates not seen in years, with four reports—from Standard & Poor’s, Zillow, the Federal Housing Finance Agency and First American Financial Corp.—confirming no apparent letup.
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Job Losses Mark December Employment Report
The U.S. economy shed 140,000 jobs in December, the Bureau of Labor Statistics reported Friday, although the unemployment rate held steady at 6.7 percent.
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Housing Market Roundup, Jan. 4, 2021
We hope you had an enjoyable holiday break. Here is a summary of some reports that came out over the holidays:
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Housing Market Roundup, Dec. 24, 2020
It’s almost the end of a year many of us would like to forget—unless, of course, we’re a mortgage banker. Here’s a summary of a plethora of reports that crossed the MBA NewsLink desk in the past few days:
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Industry Briefs Dec. 21, 2020
New American Funding, Tustin, Calif., launched a mentorship program to help team members develop professionally. New American Funding’s “360 Mentorship Program” matches an internal leader with another employee who is pursuing career advancement.