Rising Rates Knock Mortgage Activity To Lowest Since 2014
Wed, 17 Oct 2018 12:10:28 GMT
Mortgage applications decreased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending October 12, 2018.
BofA Expects 50% of Applications To Be Digital by 2019
Wed, 17 Oct 2018 12:09:55 GMT
John Schleck, senior vice President of Bank of America reported that the digital mortgage application has been very well received by its customers, some of whom are more able/willing to complete the entire thing online themselves.
Single-Family Starts Flat in September
Wed, 17 Oct 2018 12:09:22 GMT
Total housing starts posted a decline in September due to flat conditions for single-family construction and a pullback for apartment development.
'Green' Homes Sell for More, Depending on the Agent
Wed, 17 Oct 2018 12:08:44 GMT
Recent studies suggest that green improvements may help net a slightly higher price, but the premium will greatly depend on several factors, particularly how well versed the real estate selling agent is at selling green home features.
Job Openings Reach New High
Tue, 16 Oct 2018 12:33:19 GMT
The number of job openings reached a series high of 7.1 million on the last business day of August, the U.S. Bureau of Labor Statistics reported today.
Builder Confidence Rises One Point in October
Tue, 16 Oct 2018 12:32:48 GMT
Builder confidence in the market for newly-built single-family homes rose one point to 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index.