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 of mortgage loan application volume, increased 2.4
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 residential real estate report.
“The residential real
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) and residents of the housing authority that
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 the West saw growth and the
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 residents find jobs and educational opportunities.
First American Financial Corporation (NYSE: FAF), a leading
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 were
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 negotiations and tariffs. Weak retail sales figures
In honor of Military Appreciation Month, the Homes for Heroes Foundation is gifting a total of $50,000 to five non-profit organizations around the country that support homeless veterans
