Home builders gave the mildest thumbs up to their industry this month. Builder confidence in the market for newly built single-family homes inched up by a single point this month in the latest Housing Market Index (HMI) report from the National Association of Home...
Mortgage application activity was on the rise last week, according to new data from the Mortgage Bankers Association (MBA). The MBA’s Market Composite Index, a measure of mortgage loan application volume, was up 5.3% on a seasonally adjusted basis from one week...
Bismarck, North Dakota-based BNCCORP Inc. (OTCQX: BNCC) announced it is exiting the residential mortgage origination space and selling the mortgage division of its wholly owned subsidiary, BNC National Bank, to First Federal Bank of Lake City, Florida. BNC’s...
Mortgage credit availability inched up last month, according to the latest Mortgage Credit Availability Index (MCAI) report published by the Mortgage Bankers Association (MBA), although the level of available is still close to a 10-year low. The MCAI was up by 0.4% to...
Demand for vacation homes plummeted by 52% from pre-pandemic levels in March, according to new data from Redfin (NASDAQ:RDFN). In comparison, the demand for primary homes were down by only 13%. Redfin noted that second-home rate locks were at their lowest level since...
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) recorded a 3.3-point uptick from February to March to 61.3, but still remained only slightly above its all-time low set from late last year. Year-over-year, the full index is down by 11.9 points. Fannie...
Hudson Pacific Pushes a $1.1 Billion Hollywood Loan Maturity Into 2027 — Wi…
