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.
Housing Market Roundup
Here’s a quick-hit summary of several housing and housing finance reports released over the past several days:
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.
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.
Industry Briefs Feb. 3, 2021
Rocket Mortgage, Detroit, launched a national mortgage broker directory, which is prominently displayed on its website.
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.
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.
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:
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:
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.