Slowing New Home Sales Led by Northeast
With the Northeast leading the way, sales of new houses turned lower last month. The new home inventory is at the highest level in nearly seven years.
Existing Home Sales, Prices Rise
The annual rate of home sales improved last month, with the biggest gain being made in the West. Average U.S. home prices were also higher.
Best Housing Markets
Although a vast majority of local housing markets are in good shape, areas that rely on energy -- especially Texas -- could see conditions deteriorate.
Mortgage Bankers Lift Refinance Outlook Again
For six consecutive months now, mortgage bankers have boosted their estimates of mortgage refinance volume for this year.
New Home Activity Strengthens
A month-over-month gain was reported for building permits and completed construction, though activity has diminished compared to a year ago.
Despite Recovery, Las Vegas Well Below Bubble Peak
One of the most devastated housing markets during the real estate crash was Las Vegas', and the area is still far from returning to its crisis-era high.
Millennials, Minorities Most Likely to Buy Home
For loan originators looking to target the most ripe prospects for home buying, a new survey points to millennials and minorities.
Only 4 Metros Rebound Since Real Estate Crash
According to at least one home price index out there, only four major areas have seen home prices return to pre-crisis levels.
Mortgage Investor Equity Positions Improve
During the first quarter, the collective ratio of loan balances to property values improved -- giving mortgage investors a safer position based on homeowner equity.
Mobile Mortgage Lending Insights
Several recent reports provide insight into how consumers are using their phones for financial services. Meanwhile, mobile applications are being designed for mortgages.