Home prices maintain upward trajectory Zillow notes that rents across the United States will continue to follow an upward trajectory as demand continues to rise. This would lead to a sellers’ market in which investors that had held on to their assets for quite some time will find it more practical to sell and reinvest elsewhere. Still, the rates will vary from one location to another.Home prices rise 0.3% in August, up 5.6% since January In October, the Teranet-National Bank National Composite House Price Index was up 0.3% from the previous month, slightly more than the average october rise of 0.2% since the Index series began in 1999. However, the advance was not very broad-based; prices rose in only six of the 11 metropolitan markets surveyed.
The number of Mortgage applications finally grew last week, thanks to a surge of refinancing applications that came about as interest rates headed south.. The Mortgage Bankers Association’s latest report showed that the total volume of mortgage applications rose by 3.3 percent from the week before. . However, volume remains 23 percent lower than where it was at this stage last year, when.
The Dow fell 1.2% for the week while the S&P 500 lost 1.3% and the Nasdaq fell 2.4%. For the second quarter, all three indexes recorded positive gains, with the Dow up 0.7%, the S&P up 2.9%, and the Nasdaq advancing 6.3%.. mortgage rates fall Again;. Mortgage Applications Decrease in.
Black Knight earnings move from loss to profit The company reported core operating earnings of 91 cents a share in the first quarter, 2 cents higher than last year.. Black Knight sees room for growth.. The real estate development company recorded an operating loss of $2.2 million but had a net profit for the quarter because of.
The pullback came off the back of a 3.5% fall. a decrease from 44.1% to 41.5% in the week prior. According to the MBA, mortgage rates are up by 10 basis points over the last few weeks to hit the.
Notes/Observations Some risk aversion sentiment in session as no visible progress on US-China high-level trade talks UK Jan retail sales beat expectations with upward back-month revisions China.
Mortgage Applications Fall Again MBA Weekly Survey MBA (8/20/2008 ) Kemp, Carolyn Mortgage application activity fell for the second consecutive week, despite falling interest rates, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 15.
Despite Falling Rates, U.S. Mortgage Applications Fall Again. More. A view of single family homes for sale in San Marcos, California October 25, 2013.. MBA’s seasonally adjusted index on.
Housing starts fall 5.8%, disappointing analyst estimates May’s Housing Starts Fall Short of Predictions but Hit 5-year high.. housing starts rose less than expected in May, Analysts estimate that for every single-family home built, at least three.Are more borrowers really taking out non-agency reverse mortgages? Originators weigh in JW Showcase JW Showcase for Web – JW platform developer guide – JW Showcase is a video gallery web app that leverages playlists from your JW Player dashboard to distribute your content on desktop and.Is the reverse mortgage industry seeing sizeable interest in its jumbo offerings? Are borrowers with greater property values actually interested in accessing their equity through a reverse mortgage? Is part of the HECM volume slump attributable to the fact that more originators are closing jumbos instead? No one knows for sure.
Detailed calendar of economic events that impact United States for April 7, 2014. Part of an extensive economic calendar database covering many world countries and currencies.
Freddie Mac: Mortgage rates fall to lowest level since mid-April – As such, Khater noted that existing-home sales have fallen annually for the fifth consecutive month, and this week’s purchase mortgage applications are barely. keeping mortgage rates relatively.
Bond Traders Are About to Grasp the Magnitude of the Treasuries Deluge – And that phenomenon will play out again this week when the U.S. issues a combined. wholesale trade sales and inventories April 11: MBA mortgage applications; consumer price indexes; real average.
The latest MBA report on mortgage applications noted a week-over-week decrease of 27.6% in the group’s seasonally adjusted composite index for the week ending October 9.
RealtyBizNews: Real Estate News.. Mortgage applications rise on low interest rates.. cnbc says that mortgage rates will likely fall again this week due to high global tensions over issues.