U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017.
Mortgage applications for new home purchases in the U.S. decreased 2.6 percent compared to March 2017. Compared to February 2018, applications increased by 14 percent.
Over 64 million Americans live in multigenerational households, which is based on a report by the Pew Research Center, Washington, D.C.
According to Zillow, U.S. home values have been appreciating more per working hour than local minimum wage pays in about half of the nation's 50 largest cities.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending March 30, 2018, U.S. mortgage applications decreased 3.3 percent from one week earlier.
The National Multifamily Housing Council and National Apartment Association issued the following statement on passage of the Omnibus Spending Bill this past week.
According to Freddie Mac's latest Primary Mortgage Market Survey, there was little change to U.S. mortgage rates after falling for the first time in 2018 last week.
With the passage of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act this week, David H. Stevens, CMB.
According to the Mortgage Bankers Association's latest Mortgage Credit Availability Index, U.S. mortgage credit availability decreased in February 2018. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.
Proposed reforms to the government-sponsored enterprises (GSEs) that guarantee the majority of U.S. home loans could drive up monthly housing costs.
Mortgage applications increased 0.3 percent from one week earlier. The previous week's results included an adjustment for the Washington's Birthday (Presidents' Day) holiday.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed mortgage rate in the U.S. increasing for the ninth consecutive week.
Median home prices in U.S. zip codes in the highest 20 percent for environmental hazard risk appreciated at a faster pace than the overall U.S housing market over the past year.
According to Freddie Mac's latest Primary Mortgage Market Survey, optimistic testimony on Capitol Hill from Federal Reserve Chairman Jerome Powell sent Treasury yields higher.
The National Association of Home Builders chairman Randy Noel issued a statement this week regarding President Trump's announcement to impose tariffs on steel and aluminum imports.
According to the American Institute of Architects, 2018 started on a strong note for architecture firms, as the Architecture Billings Index (ABI) saw its highest January score since 2007.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending February 16, 2018, mortgage applications in the U.S. decreased 6.6 percent from one week earlier.
According to Freddie Mac's most recent Primary Mortgage Market Survey, the 30-year fixed mortgage rate in the U.S. increased for the seventh-consecutive week in 2018.