Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 17, 2019. The Market Composite Index, a measure
Housing Market Swings into High Gear
The real estate market in Western Pa. is on the upswing with all key indicators on the rise compared to last year at this time, according to West Penn Multi-List, Inc. and its monthly
HUD Approves Settlement Between Puerto Rico Public Housing Authority and Residents Who Alleged Disability Discrimination
PRPHA will pay almost $885,000 to replace existing elevators The U.S. Department of Housing and Urban Development (HUD) announced today that it has negotiated an agreement between the Puerto Rico Public Housing Authority (PRPHA)
Top of Mind Networks Announces New Cleveland Office
Top of Mind Networks, a leader in customer relationship management and market automation software for the mortgage lender and real estate industries, is pleased to announce the opening of its new office in Cleveland,
Existing-Home Sales Inch Back 0.4% in April
Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors®. Two of the four major U.S. regions saw a slight dip in sales, while
$10 Million Fannie Mae Innovation Challenge Selects Five Proposals to Address Affordable Housing and Health
Innovative Ideas Offer Solutions that Tackle the Role of Housing in Health Outcomes Fannie Mae (FNMA/OTCQB) today announced the selection of five innovative ideas to receive contract awards under the Sustainable Communities Innovation Challenge:
Hud Awards Additional $1.9 Million to Promote Employment and Self-Sufficiency for Public Housing Residents
The U.S. Department of Housing and Urban Development (HUD) today awarded an additional $1.9 million to six public housing authorities and non-profit organizations across the nation to hire or retain service coordinators to help
Housing Market Potential Narrows Performance Gap in April, According to First American Home Sales Model
The keys to closing the performance gap lie in where mortgage rates go from here and how existing homeowners resolve the dilemma to sell or not to sell, says Chief Economist Mark Fleming First American
Fannie Mae and Freddie Mac Total Refinance Volume Increases In March as Interest Rates Fall
The Federal Housing Finance Agency (FHFA) today reported that Fannie Mae and Freddie Mac (the Enterprises) completed 234,716 refinances in the first quarter of 2019. FHFA's first quarter 2019 Refinance Report also shows that 901 loans
MIG Market Watch, May 20th, 2019
MARKET COMMENT Mortgage bond prices finished the week slightly higher which helped rates improve. Weak stocks the beginning of the week helped start the rate improvements. Financial markets focused on US and Chinese trade