Interest rates continued their slow decline last week while application volume is inching up almost as slowly. The Mortgage Bankers Association (MBA) reports a

    Home sale numbers continue to retreat and in July the National Association of Realtors’® (NAR) Pending Home Sales Index (PHSI) fell to its lowest

    The mortgage market seemed to be in a wait-and-see mode last week as the Federal Reserve signaled a might, maybe, we are thinking about

    Two major home price indices show home price appreciation is still running well above historical norms. However, increases in the S&P CoreLogic Case-Shiller indices

    Existing Homes (the jargon word for a home that has already been owned and occupied) represent a much larger piece of the home sales

    Two weeks ago, we saw a sudden surge in refinancing activity. The Mortgage Bankers Association (MBA) reported that, during the week ended August 9,

    Residential construction slowed in July. Both the rate of permitting and of housing starts were down from the prior month and starts were the

    The record will show that today’s Housing Market Index (aka “builder confidence”) from the National Association of Homebuilders (NAHB)/Wells Fargo fell to 39 from

    A second week of lower interest rates appeared to send homeowners scrambling to refinance their higher-rate mortgages assumed over the last few years. The