Mortgage rates

Mortgage rates continued sliding this week as investors put money into safer assets like bonds, contributing to the 30-year fixed-rate mortgage dropping 9 basis points, according to Freddie Mac.

After being range-bound for several weeks, mortgage rates are fluctuating enough to spur significant changes in refi incentive, according to Black Knight.

Contract signings to purchase previously owned homes unexpectedly slumped in December, depressed by fewer listings of properties and representing a blemish after a recent spate of positive housing-market news.

Mortgage applications increased 7.2% from one week earlier as consumers reacted to falling interest rates related to news regarding the coronavirus, according to the Mortgage Bankers Association.

Home prices in 20 U.S. cities rose in November at the fastest pace in nine months against a backdrop of stronger demand and lean housing inventory.

Lower rates spurred a lot of unexpected mortgage business in 2019 but credit unions need to prepare themselves for what happens once the boom ends.

With housing prices continuing their years-long climb, home sellers cashed in on their highest returns since 2006, according to Attom Data Solutions.

Non-QM lending is expected to grow again in 2020, but it has some obstacles to navigate. Altisource CRO John Vella shares his insight into the sector and other hot topics.

December's potential for existing-home sales grew by 1.7% compared with November because of low mortgage rates, but in the future that factor could constrain the housing market, First American Financial said.

Mortgage rates fell to their lowest level in three months, possibly because investors became nervous following the spread of a coronavirus in China and elsewhere.

Sales of previously owned homes jumped in December to the best pace in nearly two years as historically low interest rates continued to lure buyers despite record-low inventory.

Mortgage application activity slowed down this past week from its fast start to 2020, with a decrease of 1.2% from one week earlier, according to the Mortgage Bankers Association.

With interest rates expected to stay low while wages and the overall economy grow in conjunction, Fannie Mae again boosted its single-family mortgage origination outlook for 2019, 2020 and 2021.

The inventory of homes for sale is at a seven-year low and that is likely to continue to shrink in the coming months, a Zillow report said.

Sales of single-family houses in the Greater Hartford area recorded a lackluster 2019, barely gaining any ground over the previous year.

Home sellers in Albuquerque experienced some fortune in 2019 with increased home prices and increased sales across multiple categories, according to the Greater Albuquerque Association of Realtors.

IBM called for rules aimed at eliminating bias in artificial intelligence to address concerns which range from identifying faces in security-camera footage to making determinations about mortgage rates.

The rate of home sales reached a 33-month peak in December, swinging the pendulum of supply and demand, and pushing value appreciation to a 19-month high, according to Redfin.

Mortgage loan officer compensation remained level year-over-year as an unexpected surge in originations surprised employers expecting it to be a down year, an LBA Ware report said.

Groundbreakings on new homes surged in December to a 13-year high, giving the housing market momentum heading into the new year amid low mortgage rates, solid job growth and optimistic buyers and builders.