Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications decreased drastically by 7.4% with the increase in interest rates. JPMorgan Chase just had over 1 million home equity and private banking loans converted by Black Knight Financial into their LoanSphere system. More startup companies are hoping to help apartment landlords by converting empty apartment […]
Today’s News Synopsis: Mortgage performances are improving with only 4.8% being delinquent in April according to the latest Loan Performance Insights Report. Janet Yellen is heading up to testify before Congress, all in the midst of a market with increased job growth and not-increasing wages. Consumers can now have easier access to CoreLogic data through
Mortgage Performance Continues to Improve According to CoreLogic Read More »
Today’s News Synopsis: Could we be seeing an increase in commercial real estate on wheels with the increase in mobile retail stores? Black Knight Financial Service’s latest data showed a 16% decrease in the number of underwater borrowers. Realtor.com’s latest list showed the best places to live if you want to live by a lake. In
Could We Begin To See An Increase in Commercial Real Estate on Wheels? Read More »
Sources: CoreLogic US Home Price Report Shows Prices Up 6.6 Percent in May 2017 Mortgage Rates Jump Mortgage Applications Increase in Latest MBA Weekly Survey Home-Price Growth Sizzles in May, Driving a Wedge in the Market These U.S. States Still Haven’t Fully Recovered From Recession The Siege on Communities: NMSA Calls for Actions Two major
Job Market Bouncing Back with 222,000 New Jobs Added Read More »
Today’s News Synopsis: Real estate prices in Manhattan, especially apartments that sold for $2.19 million on average, were at their highest on record in the second quarter. Mortgage rates increased again according to Freddie Mac with 30-year rates now at 3.96% and 15-year rates at 3.22%. Despite the country making progress after the recession, several
Despite Overall Progress, Some States Still Have Not Made Comeback After Recession Read More »
Today’s News Synopsis: Home prices increased 6.6% in May according to the latest home price report from CoreLogic. This has resulted in good news for owners who saw growth in their equity but bad news for those having a harder time affording a home. The top markets for summer vacation homes was just released by
Top Markets for Summer Vacation Homes Released by ATTOM Data Solutions Read More »
Sources: The S&P CoreLogic Case-Shiller National Home Price NSA Index Sets Record For Five Consecutive Months Pending home sales tumble as supply crisis worsens 30-Year Fixed Mortgage Rate Hits New Low Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008 These Are the U.S. Cities Where It Costs Too Much to
Are More People Wanting to Own than Rent? Only Time Will Tell Read More »
Today’s News Synopsis: In an interesting news story, the most common names of homeowners with the most valuable homes is Stuart and Alison. Freddie Mac reported mortgage rates decreased to a new low with 30-year rates at 3.88% and 15-year rates at 3.17%. Median home prices in the U.S. came in at $253,000 in the
Median Home Prices The Least Affordable in Nine Years According to ATTOM Data Solutions Read More »
Today’s News Synopsis: The National Association of Realtors reported an o.8% decrease in pending home sales month-over-month and 1.7% drop year-over-year. The Federal Reserve just released their latest Comprehensive Capital Analysis and Review, which analyzes how the nation’s biggest banks handle their capital planning practices. In a follow-up to yesterday’s story about the New York
Pending Home Sales Drop This Month By 0.8% MoM and 1.7% YoY Read More »
Today’s News Synopsis: Republican Bob Corker and Democrat Mark Warner are coming together with the same idea to split up both of the GSEs. Aaron Norris of the Norris Group was featured in an article explaining the best strategy for real estate investors to generate leads. The latest S&P CoreLogic Case-Shiller Indeces showed home prices
R. Bob Corker and D. Mark Warner Coming Together With Same Idea to Dissolve GSEs Read More »
