Both S&P Case-Shiller and the FHFA released national home price indices this morning. In both cases, November’s prices were slightly higher than expected. For the
The Mortgage Bankers Association’s (MBA) weekly mortgage application survey showed a modest decrease in refinance applications and an even more modest increase in purchase applications.
It’s no mystery that 2024 hasn’t been a stellar year for home sales and many other housing metrics. Today’s release of December’s Existing Home Sales
The US Census Bureau released its New Residential Construction report for December today. The report measures building permits, the start of the construction process (housing
While it would be technically accurate to point out a slight increase in January’s homebuilder confidence (officially the National Association of Homebuilders Housing Market Index
There hasn’t been meaningful change in economic data that measures activity in the housing and mortgage markets. In a nutshell, activity has been drifting along
2024 has been one of those “it is what it is” sort of years for activity in the mortgage market. There were signs of hope
The Mortgage Bankers Association (MBA) didn’t publish updated weekly application numbers last week, which meant that this week’s data had to play catch up with
Blessings, curses, enigmas, paradoxes, etc… The state of home price appreciation in the U.S. is all of the above. The positive case for home prices