A report from Business Insider. "Overall mortgage delinquencies rose a seasonally adjusted 8.22% in the second quarter, according to the MBA. That marked a nine-year high, and a nearly 4% increase from the previous quarter, the largest quarterly jump in…
A report from Reuters. "U.S. home builder confidence rose for a third straight month in August to match its highest level ever as record-low interest rates spur buyer traffic, data showed. But even as home builder confidence surges, more homeowners…
A report from the Pioneer Press in Minnesota. "Taylor Swartwood bought a small apartment building off Rice Street a few years ago for $157,000. He’ll pay $4,500 in total property taxes (city, county, school district and special taxing districts) and…
A weekend topic starting with Housing Wire. "This week, FHFA Director Mark Calabria and the GSEs have rolled out an across-the-board 50 bp delivery fee on all refinances. Since the onset of COVID-19, and despite heroic efforts by the Fed…
A report from Zillow. "Metro-level discrepancies exist as well, especially in San Francisco and New York, showing that not all urban cores are keeping pace with hot suburban markets. In Manhattan, home values have dropped 4.2% since last year and…
A report from the Denverite in Colorado. "The median rent for an apartment dropped 1.4 percent to $1,454 between the first quarter of this year and the second, according to the University of Denver’s Daniels College of Business. The decrease…
It's Friday desk clearing time for this blogger. "When Carolyn Guss and her husband listed their California home, which sold for under asking, their real-estate agent said people were eager to buy homes with yards outside of San Francisco proper.…
A report from Realtor.com. "It seems like it was only yesterday when America's downtown business districts thrummed with life. Since onset of the coronavirus pandemic, though, the pulse of those once-thriving districts has subsided to a faint quiver. That doesn't…
A report from the Wall Street Journal. "Fannie Mae and Freddie Mac said they would impose a new fee to insulate themselves from losses on refinanced mortgages they guarantee, a sign of potential turbulence in the housing market. 'For the…
A report from Mortgage News Daily. "CoreLogic said the number of loans in each stage of delinquency, with the exception of those in foreclosure, grew in May, the second straight month that early-stage (loans 30 to 59 days past due)…