Consumers’ Economic and Financial Concerns Keep Housing Confidence in Check
Measure of Housing Sentiment Retreats Slightly from Prior Month's Survey High The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) decreased 2.3 points in September to 91.5, retreating from a survey high in August. Three of the
Dave Hershman: The Jobs Picture is Painted
With so many headlines using the terms impeachment and trade wars, we can often overlook the mundane release of economic data indicating to us how consumers seem to be weathering these political and international skirmishes. Thus far
MIG Market Watch, October 7th, 2019
MARKET COMMENT Mortgage bond prices were higher this week which put downward pressure on rates. Disappointing data and uncertainty about the future of the economy resulted in stronger demand for US debt instruments. Rates
Hud Awards Nearly $43 Million in Housing Counseling Grants
Funding intended to help families find and keep their homes WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today awarded $42.8 million in housing counseling grants to help approximately one million
Millennials Are Moving More Frequently Than Previous Generations
More young people today have recently moved into their current home than those in previous decades - The share of 25- to 34-year-olds who have lived in their current home for less than two
Mortgage Rates Hold Steady
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.65 percent, a slight increase from last week. “While mortgage rates generally held steady
Home Improvement Projects Are Worth Cost and Time, Says Realtor® Survey
Homeowners who decide to undergo a home improvement project, whether it be interior or exterior modifications, often find that the task was worth the investment and time, according to a new report from the
Law Firm Investigates Claims On Behalf of Investors of First American Financial Corporation
Pomerantz LLP is investigating claims on behalf of investors of First American Financial Corporation (“First American” or the “Company”) (NYSE: FAF). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The
CoreLogic Reports August Home Prices Increased by 3.6% Year Over Year
The CoreLogic HPI Forecast indicates annual price growth will increase 5.8% by August 2020 About three-fourths of millennial renters indicate they are likely to purchase a home in the future Connecticut was the only
Millennial Home Refinances Continue to Rise as Purchase Percentage Dips, According to Latest Ellie Mae Millennial Tracker
According to the latest Ellie Mae Millennial Tracker, the average interest rates on all 30-year notes dipped to 4.059% in August, the lowest since December 2016, spurring a surge in refinances for Millennial homebuyers. Refinances