Despite job growth, mortgage activity declines

Mortgage application activity decreased during the week ending March 2, even as a number of reports indicated that employment conditions improved across the country.
Mortgage application activity decreased during the week ending March 2, even as a number of reports indicated that employment conditions improved across the country. [More]


CMBS delinquencies edge lower in February

Analysts at Trepp say the delinquency rate among commercial mortgage-backed securities declined in February, HousingWire reports.
Analysts at Trepp say the delinquency rate among commercial mortgage-backed securities declined in February, HousingWire reports. [More]


Five percent of underwater homeowners eligible for write-downs

As lawmakers and industry experts continue to weigh the pros and cons of implementing write-downs for mortgage borrowers
As lawmakers and industry experts continue to weigh the pros and cons of implementing write-downs for mortgage borrowers [More]


Home sales in Miami-area drop below year-ago levels

On an annual and monthly basis, home sales in metro Miami slipped, according to DataQuick - one reason likely being an increase in the median sales price from the year before, which was the first such rise in more than four years.
On an annual and monthly basis, home sales in metro Miami slipped, according to DataQuick - one reason likely being an increase in the median sales price from the year before, which was the first such rise in more than four years. [More]


Residential construction increases after private sector surge

A recent report from the Department of Commerce indicates that residential construction increased at the beginning of 2012 on both a monthly and annual basis.
A recent report from the Department of Commerce indicates that residential construction increased at the beginning of 2012 on both a monthly and annual basis. [More]


Employment conditions continue to improve

There were fewer initial jobless claims during the week ending February 25, according to a recent report from the Labor Department.
There were fewer initial jobless claims during the week ending February 25, according to a recent report from the Labor Department. [More]


Mortgage rates fall last week of February

According to Freddie Mac's latest mortgage report, the average rates for 15- and 30-year fixed-rate home loans declined from the week before.
According to Freddie Mac's latest mortgage report, the average rates for 15- and 30-year fixed-rate home loans declined from the week before. [More]


Less mortgage activity, as fewer borrowers opt to refinance

The most recent Weekly Application Survey from the Mortgage Bankers Association showed that mortgage activity declined during the week ending February 24.
The most recent Weekly Application Survey from the Mortgage Bankers Association showed that mortgage activity declined during the week ending February 24. [More]


Higher mortgage fees could compensate low rates

Although mortgage rates are forecast to hover near all-time lows until at least 2014, a growing number of lenders are starting to increase the fees associated with servicing the home loan, MarketWatch reports.
Although mortgage rates are forecast to hover near all-time lows until at least 2014, a growing number of lenders are starting to increase the fees associated with servicing the home loan, MarketWatch reports. [More]


Fewer mortgage applications after spike in January home sales

There was a significant drop in mortgage application activity during the week ending February 17, according to the Mortgage Bankers Association.
There was a significant drop in mortgage application activity during the week ending February 17, according to the Mortgage Bankers Association. [More]