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FHFA, CFPB Showcase National Survey of Mortgage Originations Data

The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) today published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO)…. Read more »

Mortgage Monitor: Prices Offset by Stagnant Levels of Inventory

The latest Mortgage Monitor Report published by Black Knight’s Data and Analytics division revealed that despite home price correction occurring in many markets nationwide, the pace of declines has slowed… Read more »

Rising Rates Leave Fewer Affordable Home Options

New research conducted by First American has found that as mortgage rates have steadily risen (and look to continue this trend based on commentary from the Federal Reserve’s Open Market… Read more »

August Inventory Holds Steady; Market Remains 600,000 Units Short

After posting gains this summer, for-sale inventory levels stalled in August growing at a fraction of the rate seen in recent months as sellers are more frequently choosing to remain… Read more »

New Home Purchase Apps Rebound in August

In August 2022, the Mortgage Bankers Association (MBA) reported that mortgage applications for new home purchases decreased 10.1% compared to August 2021. Data recorded in the MBA’s Builder Application Survey… Read more »

Fed Raises Interest Rates by 75 Points

For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their scheduled two-day… Read more »