Increase in Past-Due Loans in February

Past-Due Loans Post 1st Increase in 9 Months In February

nationalmortgageprofessional nationalmortgageprof... | 2 years ago

Black Knight's First Look shows foreclosure starts fell 24% in February following January increase.

Pending home sales post surprise increase in May, likely due to brief pullback in mortgage rates

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

Pending home sales, a measure of signed contracts on existing homes, rose slightly in May, up 0.7% compared with April, according to the National Association of Realtors. That broke a six-month streak of declining demand. Sales were still 13.6% lower than in May 2021. Buyers have been contending with rising mortgage rates since the start of this year, but rates actually pulled back slightly in May, and that may account for the sales gain. More supply also came on the market, and total active inv...

nationalmortgageprofessional nationalmortgageprof... | 1 year ago

Analysis and Data Construction Spending Dips 0.1% In May, 1st Decline In 8 Months David Krechevsky Jul 01, 2022 Overall residential construction, however, ticked up 0.2% in May from April, and was 18.7% above the estimate for May 2021. Construction spending in May slipped 0.1% from a month earlier, the fir...

Twin Cities homebuilding hits lowest point in past 12 months

bizjournals bizjournals | 1 year ago

Homebuilding in the Twin Cities has dropped to its lowest point in the past 12 months, according to data on permits pulled last month. While permits for multifamily construction, for units like apartments and townhomes, saw a modest increase, those for single-family homes saw a 28% decline last month compared to August of last year, according to data compiled by Keystone Report on behalf of Housing First Minnesota, the state’s homebuilders trade group. Across all types of building permits,...

Why Home Loans Today Aren’t What They Were in the Past

keepingcurrentmatters keepingcurrentmatter... | 1 year ago

In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage Bankers Association (MBA) releases an index titled the Mortgage Credit Availability Index (MCAI). According to their website: “The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary me...

Real Estate Tech Awards – Applications Due August 1st

geekestateblog geekestateblog | 1 year ago

Calling all startups and scale-ups reimagining the built world: Colliers is partnering with CREtech to host this year’s Real Estate Tech Awards, an opportunity for innovative companies that are advancing technology across the CRE industry to be recognized. Get your applications in now and meet us on the global innovation stage October 12 – 13 at CRETech in NYC. I look forward to reviewing all the submissions with industry leaders from Boston Properties, Jamestown, Hudson Yar...

Housing Starts Drop to Lowest in 9 Months - Real Estate Investing Today

realestateinvestingtoday realestateinvestingt... | 1 year ago

The U.S. government is reporting that privately‐owned housing starts in June were at a seasonally adjusted annual rate of 1,559,000, which is 2% lower than May’s revised number and 6.3% lower than one year ago. June’s rate for units in buildings with five units or more was 568k. Privately‐owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,685,000, which is 0.6% lower than May’s revised number. Authorizations of units in build...

UK house prices increase 10.9% from February 2021

The voice of the UK mortgage i... The voice of the UK ... | 2 years ago

House prices in the UK have increased 10.9% on an annual basis, with the average property in the UK being valued at £276,755, according to the latest data from the government’s house price index. The data found that house prices in the UK have risen by 0.5% since January this year. The UK Property Transactions ... This story continues at UK house prices increase 10.9% from February 2021 Or just read more coverage at Mortgage Finance Gazette