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Mortgage rates drop to lowest level of 2017
Mortgage rates hit their lowest mark of the year, as they were affected by the stock market sell-off on May 17, according......

Northwest Indiana sales down in April but still up for the year
A drop in home sales in Porter County in April led to a year-over-year decline in Northwest Indiana, with total existing home sales of 898 in the seven-county area. That's down 1.9......

Home sales down in Chicago as limited choices discourage buying
of Illinois, said that employment growth is typically a key driver of home sales as people arrive in an area to take jobs. But new companies are reluctant to come into the state or add jobs......

Veteran and active-military homebuyers
homebuyers to achieve their dreams of owning their own home. According to NAR’s 2016 Profile of Home Buyers and Sellers , 18 percent of recent home buyers identified themselves as veterans and......

National mortgage rates for May 24, 2017
About our Mortgage Rate Tables: The above mortgage loan information is provided to, or obtained by, Bankrate. Some lenders provide their mortgage loan terms to Bankrate for advertising purposes and......

Mortgage rates stay low, but affordable homes are scarce
Bloomberg/ It's a tough time to be a homebuyer, even though mortgage rates are low and going lower. There just aren't enough homes for sale. What can you do to compete with other buyers?......

CE: Supreme Court Fair Lending Ruling Involving Big Banks
permit cities to sue banks for damages for undertaking large numbers of foreclosures within their boundaries. The Court reached its conclusions analyzing: Whether cities are within Fair......

CD rates for May 24, 2017
below are insured by the FDIC at banks or the NCUA at credit unions. Find the best CD......

Midday report: Existing home sales retreat
Stocks crept higher ahead the afternoon release of Federal Reserve minutes, an insight......

Existing-Home Sales Cooled in April
Home sales in April (-2.3 percent) could not keep up with the notable upswing seen in March (4.2 percent). It seems that we keep singing the same old tune......

Drop in April home resales shows persistent inventory woes
Steady job growth and brighter wage prospects are cushioning household budgets, and mortgage rates remain historically low, having eased from a post-election surge. In fact, properties in......

Time on Market Hits New Low in April
National Association of REALTORS® reported Wednesday. That is the shortest timeframe since NAR began tracking such data in May 2011. The previous record was 32 days, which was reached last May......

Lower Rates Buoy Refis, Not New Mortgages
Lower mortgage rates are prompting homeowners to refinance, but applications for home purchases aren't rising. The Mortgage Bankers Association reported......

NAR's Trademark Advocates Score Global Win
NAR General Counsel Katherine Johnson, left, and Associate Counsel Chloe Hecht The World Trademark Review, an international source of news for trademark professionals, has named the National......

Existing-Home Sales Slip 2.3 Percent in April; Days on Market Falls to Under a Month
and at the fourth highest pace over the past year. Lawrence Yun, NAR chief economist, says every major region except for the Midwest saw a retreat in existing sales in April. "Last month's......

San Diego home price hits all-time high of $525K
the bubble." Toscano said low interest rates are keeping the monthly mortgage rates somewhat affordable and home valuations high. "In theory, for as long as low rates persist, they could......

Refinance applications rise as rates fall to a seven-month low
Mortgage Bankers Association. The MBA's Weekly Mortgage Applications Survey for the week ending May 19......

Home prices rose 6% in first quarter as supply tightened
6% from a year earlier, according to the National Association of Realtors. "Mortgage rates during the quarter remained slightly elevated relative to most of last year, but demand for homes......

HEAR US ROAR!
By NAR 2017 First Vice President John Smaby Last week, nearly 9600 Realtors ® came to Washington to make our voices heard on protecting homeownership.  If you haven’t had the chance......

Refi Apps Up, Purchase Apps Slightly Down in Latest MBA Weekly Survey
aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (May 24, 2017) - Mortgage applications increased 4.4 percent from one week earlier , according to data from the Mortgage Bankers Association......

Morgan StanleyVoice: Millennials, Tight Supply Of Homes Expected To Boost U.S. Housing Market
...

Survey: Rising Rates Won't Stop Young Buyers
they are experiencing a sense of urgency to buy a home before mortgage rates rise, and one in five say they have a desire to buy now. However, 55 percent of this group also reported "feeling......

New-home sales fall more than forecast from decade high
midst of the busy spring selling season, government data showed Tuesday. Single-family home sales decreased 11.4% to a 569,000 annualized pace (the median forecast called for a 610,000 rate......

Maine's mortgage lending industry in midst of big changes
efforts to "build a digital gateway" to banking services. In the past, mortgage applications always have been paper-intensive, he said, but now banks can access all of the verification data......

April Wisconsin home sales drop 11% amid short supply
statement Monday. The Realtors organization's data shows 6,608 closings on home sales in April in Wisconsin, compared with 7,403 in April 2016. With the year-over-year April slide in home......