Google+
  • Ocwen5.29+0.09 +1.73%
  • Zillow33.54+0.60 +1.82%
  • Trulia47+0 +0%
  • NationStar16.04+0.11 +0.69%
  • CoreLogic40.22+0.14 +0.35%
  • RE/MAX57.70-0.20 -0.35%
  • Fannie Mae2.65+0.01 +0.38%
  • Freddie Mac2.54+0.02 +0.79%
  • Wells Fargo55.67-0.29 -0.52%
  • CitiMortgage59.39-0.03 -0.05%
  • Bank of America23.35-0.13 -0.55%
  • Fidelity National Financial39.07+0.16 +0.41%
  • First American38.87-0.18 -0.46%
  • Black Knight Financial Services38.65+0.45 +1.18%
  • AUDUSD=X0.7668-0.0001 -0.0170%
  • USDJPY=X111.0500+0.0350 +0.0315%
Home | News | Market Studies

Freddie Mac Predicts Drop in Sales Over 2016

According to a recent outlook report from Freddie Mac, total U.S. home sales will come in slightly under 2016’s numbers. This is due to a drop in refinancing activity, rising interest rates, and declining affordability. The outlook predicts originations will drop more than 25 percent in 2017.

Read More »

OCC Rates Wells Fargo, While the Bank Settles Suit

Wells Fargo announced an agreement in principal to settle a class action lawsuit, regarding claims that Wells Fargo opened accounts without the consent of its customers. This comes on the heels of the announcement of the bank's Community Reinvestment Act Rating (CRA), in which it received high scores, despite an overall score of "needs improvement."

Read More »

Home Price Index Hits 31-Month High

According to the latest S&P CoreLogic Case-Shiller Home Price NSA Index released Tuesday, home prices hit a 31-month high in January. The Index was up 5.9 percent for the year and 5.7 percent for the month. Seattle, Portland, and Denver saw the biggest price increases.

Read More »

Affordability Dips Year-Over-Year

Real house prices have jumped significantly over the past year, rising more than 8 percent since January 2016. According to First American, these pricing jumps coupled with low inventory spell a seller’s market for spring. “Despite the monthly increase in affordability and continued strong wage growth, homes are less affordable across the country compared to a year ago,” said First American Chief Economist Mark Fleming.

Read More »

Bankruptcy Filings on the Rise

bankruptcy-trouble

The number of bankruptcy filings nationally rose in February, according to the February 2017 Bankruptcy Trends report by Epiq Systems. Overall, Epiq reported 58,336 national filings last month. That’s up from 54.574 filings in January.

Read More »

Consumer Confidence Doesn’t Reflect Facts

More consumers believe they would get rejected for a mortgage, but recent data shows different. While 41.4 percent of consumers felt like they would be rejected if they were to apply for a mortgage, February data shows that only 13.3 percent of mortgage applications get rejected.

Read More »

The Week Ahead: Home Prices May Still Move Upward

The January 2017 S&P Corelogic Case-Shiller Home Price Index (HPI), which tracks monthly changes in the value of homes in 20 U.S. metropolitan regions, will be released on Tuesday. Previous data from CoreLogic has already shown upward-moving home prices across the nation, with home prices even outpacing inflation.

Read More »

Worthy of its Name

It seems entirely possible that before joining Alacrity Services, one might be asked to define “alacrity.” While actively expanding its property restoration services to insurance, REO, and consumer customers nationwide, the company is determined to continue embodying the true meaning of its moniker: moving nimbly and with good spirit.

Read More »

Fraud in Loan Apps Up in February

More lenders in February saw defects in mortgage applications compared to January, according to a new report by First American Financial Corp. The firm’s chief economist cited rising interest rates as the likely culprit. As rates rise, more borrowers are seeking ARMs, which are inherently riskier and, thus, ripe for more misrepresentation.

Read More »
Scroll To Top