Data

Pent-up demand and low mortgage rates are causing homes to sell fastest in Vallejo, California and in nine other markets in the U.S., according to new data from Realtor.com.

Construction spending bounced back in March after experiencing the largest decline in three months and raising unexpected concerns among market watchers in the industry. Now, the industry is awaiting the new spending numbers to see if those previous gains spilled into April.

Although interest rates have been at historical lows, they have been highly responsive to the general level of interest rates, causing originators' profits to suffer.

The Bureau of Economic Analysis reported an upward revision to the first quarter gross domestic product, which some industry experts believe will not only signal better growth in the second quarter, but also motivate the Fed to raise rates.

U.S. home prices are high and are still rising, but the price picture looks a bit different when consumer buying power is brought into the equation. First American Financial Corporation's inaugural Real House Price Index, provides a new take on the way the industry view home prices.

Credit availability in the mortgage industry increased slightly in the fourth quarter, reversing a long-time downward trend over the last four quarters. However, credit access is not the same across the board.

Mortgage loan defects, which includes fraudulence and misrepresentation in loan applications, are highest in North Dakota. See what other states are troubled with rising loan defects.

Two mortgage interest rate indicators released today showed that rates moved upward for the month and over the last week, keeping alive the possibility that the Fed may finally make its move this summer.

For the third consecutive month in April, pending home sales rose to reach their highest level since February 2006, showing strong promise of more buyers entering the market.

Home prices have been on an upward path for the last few years, but 12 states broke the trend and experienced home price depreciation in the first quarter.