Category: Mortgage Rates

Economist: TRID is Not Affecting Housing Market Potential

Economist: TRID is Not Affecting Housing Market Potential DSNews   by:  Brian Honea   January 19, 2016 While November’s substantial decline in existing-home sales was largely attributed to the impact of the TRID, or “Know Before You Owe” mortgage rule, which went into effect on October 3, one economist said the CFPB’s controversial rule is […]

Majority of Americans Unconcerned Over Fed’s Rate Increase

Majority of Americans Unconcerned Over Fed’s Rate Increase DSNews   by Scott Morgan   January 20, 2016 In a recent survey which asked consumers how they felt about the effect of the Federal Reserve’s recent rate hike on the economy, more than half of respondents (56 percent) were not concerned—Any worries expressed over the Federal Reserve’s recent […]

Delinquency Rate Tumbles in December, Reversing November’s Large Increase

DSNews:  Author: Brian Honea January 23, 2015 Just one month after experiencing the largest monthly increase in six years, the nation’s mortgage delinquency rate took a big tumble in December, according to Black Knight Financial Services’December 2014 “First Look” at Mortgage Data released Friday. The mortgage delinquency rate, or the number of mortgage loans that are 30 […]

First Quarter Housing Affordability Edges Higher

DSNews    BY:  Colin Robins   May 13, 2013 A decrease in median home prices coupled with steady mortgage rates helped contribute to higher housing affordability in the first quarter of 2014, according to the National Association of Home Builders (NAHB). NAHB, coupled with Wells Fargo, recently published their Housing Opportunity Index (HOI), which found 65.5 percent of new and […]

Florida’s Housing Market Is On the Rise

DSNews   BY:  Paul Salfen   April 23, 2014 More good news has surfaced in the housing market, this time in Florida. According to Florida Realtors, the housing market reported higher median prices, more new listings, and a stable level of inventory in March. Closed sales of single-family homes statewide totaled 20,081 last month, up 2.8 […]