According to the National Association of Home Builders/Wells Fargo Housing Market Index, builder sentiment in the market for newly built, single-family homes in August rose one point to a level of 61, the highest reading since November 2005.
Read More »Ocwen Shown Favorable Week With Wells Fargo & Monitor Outcomes
Ocwen Financial has enjoyed a couple of favorable outcomes in the last week after a tumultuous 2014 and first half of 2015, with positive reports from Wells Fargo certificate holders and an independent monitor.
Read More »HUD Releases New Housing Resource Technology
HUD recently launched their HUD Resource Locator, a mobile app and website to further expand and enhance traditional HUD customer service among consumers.
Read More »U.S. Economic Growth Expected to Ease as Unemployment Remains Stagnant
Forecasters expect U.S. economic growth to slow down slightly over the next four years as unemployment remains steady.
Read More »Mortgage Applications for New Home Purchases Lower in July
Applications for new home purchases dropped 4 percent in July compared to the prior month, according to the Mortgage Bankers Association Builder Application Survey data for July 2015.
Read More »Denver Tops List of Up-and-Coming Housing Markets
GOBankingRates listed the top 11 up-and-coming housing markets for U.S. homebuyers, finding that the Denver, Colorado is a rapidly growing housing market.
Read More »Mortgage Rates Head Back Up After Four Weeks of Lows
Fixed mortgage rates stopped their downward fall and headed back up for the first time in four weeks, according to Freddie Mac's Primary Mortgage Market Survey.
Read More »Ginnie Mae’s Monthly MBS Issuance Reaches New Highs in July
Ginnie Mae set a new monthly issuance record in July by guaranteeing $47.06 billion in mortgage-backed securities during the month, according to an announcement from the corporation on Thursday.
Read More »Mortgage Debt Lowers to $8.12 Trillion in Q2
The Federal Reserve Bank of New York reported Thursday in their Household Debt and Credit Report that mortgage debt lowered slightly in the second quarter of 2015.
Read More »Housing Markets Heat Up as Greater Affordability Fuels Demand
A new report from Realtor.com released Thursday found that strong housing supply-and-demand dynamics driven by affordability, are expanding local economies. In addition, lifestyle benefits are spotlighting markets and attracting new buyers.
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