Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool.
The MCAI fell by 3.5 percent to
New York Attorney General Letitia James and New York Superintendent of Financial Services Linda Lacewell today
The U.S. Department of Housing and Urban Development today launched the new Building HOME online training series for the HOME Investment Partnerships (HOME) Program.
Building HOME online training is an interactive, self-paced online training which guides grantees through 12 modules, providing
The numbers are in for 2019. We will start with jobs, as the December report was just released last week. The month’s numbers generally were slightly disappointing, which is good news for the economy and interest rates, as it is
MARKET COMMENT
Mortgage bond prices finished the week mixed with conventional prices near unchanged and government prices lower. There was volatility throughout the week, but the largest movements came near the end. Tensions between the U.S. and Iran dominated headlines early
Building on the most successful year in its 18-year history, the Stephen Siller Tunnel to Towers Foundation, announced today on
The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through November 2019.
In November, consumer credit increased at a seasonally adjusted annual rate of 3.6 percent from the previous month, with
Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.64 percent.
“Mortgage rates fell to the lowest level in
