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Mortgage and Lending - Bridgeview Bank
Latest information about the mortgage and real estate industry. New article posted daily.
The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury’s monthly Housing Scorecard collects key market data and tracks the administration’s recovery efforts. The April report cites progress made in home sales and mortgage delinquencies but says there is conti...
Gallup’s Job Creation Index rose another two points in April, increasing to 20 from 18 in March. The index, which began tracking job growth in January 2008, is at its highest level since July of that year and is approaching the highest score ever recorded by the index. Regionally, the Midwest and...
The March Mortgage Monitor report from Lender Processing Services shows foreclosure starts down more than 31 percent from last year, despite a month-over-month increase. But even with the increase from February, the total number of foreclosure starts in March was much lower than the monthly total...
According to the Mortgage Bankers Association’s Weekly Applications Survey, the Market Composite Index, which measures total mortgage loan application volume, was relatively flat last week, rising just 0.1 percent from the previous week. The slight increase was due to a 2.9 percent increase in th...
Freddie Mac’s most recent U.S. Economic and Housing Market Outlook says the labor market is on track for an increase in job growth this year and the economy and housing market continue to make progress. According to Freddie Mac’s outlook, unemployment should fall to 8.0 percent by the fourth quar...
The National Association of Realtor’s Home Price Monitor is a monthly review of several respected measurements of house values. The monitor tracks trends and fluctuations in prices and provides an analysis of the current environment, as well as a forecast for future price performance. April’s rep...
According to the National Association of Realtors, pending home sales rose 4.1 percent in March and are 12.8 percent above year-before levels. Pending sales, which reflect contract signings but not closings, are now at their highest level since April 2010. Lawrence Yun, NAR’s chief economist, sai...
CoreLogic’s MarketPulse report comes out monthly and provides analysis of the current and future economic climate and, in particular, the housing and mortgage markets. In their April report, CoreLogic’s chief economist Market Fleming and senior economist Sam Khater say now is a good time to buy a...
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for loans to purchase homes increased 2.7 percent from the previous week. But despite the gains, total mortgage loan application volume fell 3.8 percent due to a drop in refinance activity, which slowed after surgi...
The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Sales Report for March 2012 shows that sales of new single-family homes are up 7.5 percent over the previous year’s pace. According to the report, new home sales came in at a seasonally adjusted annual ra...

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Latest information about the mortgage and real estate industry. New article posted daily.