The WPJ

Houston

Single Family Starts in U.S. Uptick in May

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts increased 3.6 percent in May 2021 to a seasonally adjusted annual rate of 1.57 million units off of a downwardly revised April reading.

2.1 Million U.S. Homeowners Still in Mortgage Forbearance Plans in May

According to the Mortgage Bankers Association's latest Forbearance and Call Volume Survey, the total number of U.S. loans now in forbearance decreased by 1 basis point from 4.19% of servicers' portfolio volume in the prior week to 4.18% as of May 23, 2021.

Pending Home Sales Dip 4.4 Percent in April

According to the National Association of Realtors, U.S. pending home sales took a step backward in April 2021. All four U.S. regions recorded year-over-year increases, but only the Midwest witnessed month-over-month gains in terms of pending home sales contract transactions.

Mortgage Applications in U.S. Dip in Late May

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 21, 2021,mortgage applications decreased 4.2 percent from one week earlier.

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