Marketing & Statistics
RealEstateRama Marketing & Statistics
Applications for New Home Purchases Decrease in May
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2016 shows mortgage applications for new home purchases decreased by 6 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.
71 Percent Believe Student Debt Delays Homeownership
Seventy-one percent of non-homeowners repaying their student loans on time believe their debt is stymieing their ability to purchase a home, and slightly over half of all borrowers say they expect to be delayed from buying by more than five years
HUD AWARDS $46.5 MILLION TO MAKE THOUSANDS OF HOMES SAFE FROM LEAD AND OTHER...
To protect children and families from the hazards of lead-based paint and other home health and safety hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded $46.5 million in grants to 15 local and state governments (see chart below).
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 9.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 3, 2016. This week's results include an adjustment to account for the Memorial Day holiday.
Commercial/Multifamily Mortgage Delinquency Rates Low, Record Decline for CMBS Loans
Delinquency rates for commercial and multifamily mortgage loans remained low in the first quarter of 2016, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report.
HUD Proposes Broadband Infrastructure Requirement for Multifamily Housing
HUD published a proposed rule on May 18, Narrowing the Digital Divide Through Installation of Broadband Infrastructure in HUD-Funded New Construction and Substantial Rehabilitation of Multifamily Rental Housingthat would require owners and developers of HUD-funded multifamily housing to install broadband infrastructure at the time of construction or if the property undergoes substantial rehabilitation.
Mortgage Credit Availability Decreases in May
Mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 27, 2016.
Purchase Applications Increase and Refis Hold Steady in Latest MBA Weekly Survey
Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 20, 2016.
New Home Sales Reach Post-Recession High
Sales of newly built, single-family homes rose 16.6 percent in April from an upwardly revised March reading to a seasonally adjusted annual rate of 619,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since January 2008.
Housing Starts Up 6.6 Percent in April
Nationwide housing starts rose 6.6 percent to a seasonally adjusted annual rate of 1.17 million in April, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance was also up 3.6 percent to a seasonally adjusted annual rate of 1.12 million
HUD PROPOSES RULE REQUIRING INSTALLATION OF BROADBAND TECHNOLOGY DURING CONSTRUCTION OF MOST HUD-FINANCED MULTIFAMILY...
In an effort to extend affordable internet access to children and families living in federally assisted housing, U.S. Housing and Urban Development (HUD) Secretary Julián Castro today proposed a rule to require the installation of broadband infrastructure into most HUD-financed multifamily housing developments during their construction or substantial rehabilitation. Read HUD’s proposed rule, “Narrowing the Digital Divide Through Installation of Broadband Infrastructure in HUD-Funded New Construction and Substantial Rehabilitation of Multifamily Rental Housing.”
Applications for New Home Purchases Decreased in April
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2016 shows mortgage applications for new home purchases decreased by 11 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns
Foreclosures Continue to Decrease, Delinquencies Flat
The delinquency rate for mortgage loans on one-to-four-unit residential properties remained unchanged from the previous quarter at a seasonally adjusted rate of 4.77 percent of all loans outstanding at the end of the first quarter of 2016. This was the lowest level since the third quarter of 2006. The delinquency rate was 77 basis points lower than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
Existing-Home Sales on Course for Best Year since 2006, Student Loan Debt Slowing Prospective...
Relentless supply constraints and home price growth outpacing wages are testing the patience of homebuyers this year, but existing-home sales are still on track to come in at their highest pace since 2006, according to an economic forecast forum here at the 2016 REALTORS® Legislative Meetings & Trade Expo.
Mortgage Applications Slightly Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 6, 2016.
Real Estate Agents, Appraisers Voice Concerns over FHA Appraisal Policies
While the Federal Housing Administration’s overhaul of its Single-Family Housing Policy Handbook last year offered loan originators more clarity on lending policies and loan underwriting standards, some changes made to the property valuation policies are causing confusion and delays, according to speakers at a real property valuation forum yesterday at the 2016 REALTORS® Legislative Meetings & Trade Expo.
NCOA and GreenPath Provide Personalized Help to Older Adults Who Are Struggling Financially
With more than 61 percent of households headed by an adult aged 60+ carrying some form of debt, economic security is a real and pressing issue for millions of older Americans, even those with retirement savings.
Relationship Between Educational Attainment and Homeownership Becoming More Important, According to First American Homeownership...
First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the second annual First American Homeownership Progress Index, which measures the level of homeownership and the underlying demographic and economic factors that influence the probability of homeownership over time and geography based on IPUMS Census Data. It’s available as an interactive tool that can be tailored to showcase how trends in employment, education, income, marital status, minority status, children per household and poverty impact homeownership rates over time across the United States at national, state and metropolitan area levels.
Refis Down, Purchases Flat in Latest MBA Weekly Survey
Mortgage applications decreased 3.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 29, 2016


