Existing home sales bounced back in December after a slight drop in November as housing inventories fell to record lows, the National Association of Realtors said yesterday.
Tag: Mike Fratantoni
Housing Starts Finish Year on Strong Note
HUD and the Census Bureau gave the housing and real estate finance industry something to cheer about Friday, reporting the strongest jump in housing starts in 13 years.
MBA Weekly Applications: A Tale of Two Surveys
Mortgage applications yo-yoed over the past two weeks, falling by 13 percent over the holiday break before regaining most ground the first week of January, the Mortgage Bankers Association reported in its Weekly Applications Survey for the weeks ending Dec. 27, 2019 and Jan. 3.
Mortgage Applications Down Over Break in MBA Weekly Survey
Mortgage applications fell for the week ending Dec. 20 from one week earlier as key interest rates edged up, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
November Existing Home Sales Drop 1.7%
Existing home sales fell in November, the National Association of Realtors reported yesterday, putting a damper on what had otherwise been a strong month for housing market performance.
Strong Housing Starts Report Caps Off Big Week for Housing
We could get used to the kind of momentum the housing market has right now.
Employers Add 128,000 Jobs in October
Total nonfarm payroll employment rose by 128,000 in October, while the unemployment rate rose slightly to 3.6 percent, the Bureau of Labor Statistics reported Friday.
Fed Drops Funds Rate for 3rd Time This Year
The Federal Open Market Committee, as expected, cut the federal funds rate by 25 basis points following conclusion of yesterday’s policy meeting.
MBA 2020 Forecast: Purchase Originations to Increase 1.6 Percent to $1.29 Trillion; Refinance Activity Expected to Slow after Strong 2019
AUSTIN, TEXAS–The Mortgage Bankers Association expects purchase originations to increase by 1.6 percent to $1.29 trillion in 2020.
Mortgage Applications Decrease in MBA Weekly Survey
Mortgage applications fell for the first time in a month as key interest rates increased last week, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending October 18.