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June 2017 Housing Affordability Index
Thursday, August 17, 2017

...affordability is down from last month and down from a year ago. Mortgage rates increased to 4.14 percent this June, up compared to 3.84 percent a year ago. Housing affordability declined from...
New Home Inventory at 20-Year Low
Thursday, August 17, 2017

...line with our forecast for a slow and steady recovery of the housing market,” says Robert Dietz, NAHB’s chief economist. “We saw multifamily production peak in 2015, and this sector should continue...
Lower Rates Not Swaying Borrowers
Thursday, August 17, 2017

...Mortgage rates dropped to the lowest averages since November, but that did little to entice home buyers and refinancers last week. The Mortgage Bankers Association reports that total mortgage...
Staging: More Money, Fewer Days on Market, Report Shows
Thursday, August 17, 2017

...found that staging can help buyers envision themselves living in that home. NAR’s Home Staging Report found that another 77 percent say that staging makes it easier for the buyers to visualize...
Economic uncertainty pushes mortgage rates lower
Thursday, August 17, 2017

...Mortgage rates continued to move lower as a result of economic uncertainty, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 3.89% for the week ending Aug. 17, down from...
Mortgage rates remain a bargain, but borrowers may need more coaxing
Thursday, August 17, 2017

...mortgage Bloomberg/ Mortgage rates are little changed this week. And while persistently low rates mean buyers can score a great mortgage deal , inventory shortages are showing no signs...
National mortgage rates for Aug. 16, 2017
Thursday, August 17, 2017

...About our Mortgage Rate Tables: The above mortgage loan information is provided to, or obtained by, Bankrate. Some lenders provide their mortgage loan terms to Bankrate for advertising purposes and...
Millennials looking for homes are worried about affordability
Wednesday, August 16, 2017

...also described a number of reasons they are hesitant to enter the housing market. About 63% were concerned about not being able to afford a down payment, 48% were unsure of where to start (with...
5 Lessons From a Major Flooding Disaster
Wednesday, August 16, 2017

...He highlighted five takeaways from Baton Rouge’s flood disaster. Read more: NAR Backs New Items in Flood Insurance Bill Everyone is at risk for flooding. “The vast majority of those affected...
Price Hikes in 87% of Markets; New Record Set
Wednesday, August 16, 2017

...600, up from $240,700—the previous high—in the second quarter of 2016, NAR reported Wednesday. Prices for single-family homes rose in 87 percent of U.S. housing markets; 23 metros saw double-digit...
Mortgage Applications Slightly Increase in Latest MBA Weekly Survey
Wednesday, August 16, 2017

...) - Mortgage applications increased 0.1 percent from one week earlier , according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending...
Refinances reclaim some of the ground lost to purchases
Wednesday, August 16, 2017

...CEO of Ellie Mae, in a press release. On average in July mortgage rates were at their lowest level since January, Ellie Mae noted. Rates rose significantly late last year after the U.S. election...
July Sees Slump in Multifamily Starts
Wednesday, August 16, 2017

...construction and land development loans on multifamily properties, as reported in the FDIC’s Senior Loan Officer Survey for July. “While the Census Bureau suggests it takes six months to determine...
Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High
Wednesday, August 16, 2017

...13 percent) recorded lower median prices from a year earlier. Lawrence Yun , NAR chief economist, says home prices in most metro areas continued their fast ascent in the second quarter because...
Homebuilder sentiment reaches 3-month high in August
Wednesday, August 16, 2017

...data Tuesday from the National Association of Home Builders/Wells Fargo. The Builders' Housing Market Index increased to 68 (the estimate was 64) from 64 in July. The measure of the six-month...
Very slight increase in mortgage application volume this week
Wednesday, August 16, 2017

...week earlier, according to the Mortgage Bankers Association. The MBA's Weekly Mortgage Applications Survey for the week ending Aug. 11 increased 0.1% from the previous week , led by a 2% increase...
Maui median price up 17% from July 2016
Wednesday, August 16, 2017

...Maui's housing market in July had fewer sales but at higher prices, according to data released by the Realtors Association of Maui. The median price for previously owned and new homes on...
Instant Reaction: July Housing Starts
Wednesday, August 16, 2017

...Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s  U.S. Commerce report on July housing starts : “The housing...
Mortgage rates drop to lowest since election, but borrowers barely budge
Wednesday, August 16, 2017

...including the origination fee, for 80 percent loan-to-value ratio loans. "Last week, mortgage rates dropped to their lowest level since the week of the November 2016 election as investors sought...
Is the Apartment Bubble Real?
Wednesday, August 16, 2017

...of 1,400—not an easy feat considering the state of the multifamily housing market after the Great Recession. The growth is reflected in the National Multifamily Housing Council ’s 2017 rankings...