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The Week Ahead: 4 in a Row for Existing-Home Sales?
Sun, 22 Jan 2017 17:00:24 +0000

Existing-home sales just completed an "outstanding" three-month run, according to National Association of Realtors Chief Economist Lawrence Yun. Can they add a fourth month to that streak? The industry will find out this week when NAR publishes the latest data.

The post The Week Ahead: 4 in a Row for Existing-Home Sales? appeared first on DSNews.



Is the CFPB Director’s Future at Risk?
Fri, 20 Jan 2017 23:27:20 +0000

House Republicans claim the CFPB violated federal law, which may put Director Richard Cordray’s job in jeopardy.

The post Is the CFPB Director’s Future at Risk? appeared first on DSNews.



Rate Cut Canned on Trump’s Day One
Fri, 20 Jan 2017 22:26:27 +0000

The same day a new administration moved into the White House, a planned cut to mortgage insurance rates was indefinitely shelved.

The post Rate Cut Canned on Trump’s Day One appeared first on DSNews.



The New Administration and the Future of Housing
Fri, 20 Jan 2017 17:46:32 +0000

Donald J. Trump was sworn in as the 45th President of the United States on Friday, while the nation—and the industry—listened in closely as he promised to rebuild the economy by putting American people first.

The post The New Administration and the Future of Housing appeared first on DSNews.



GSEs Hit Loan Modification Milestone
Thu, 19 Jan 2017 23:54:14 +0000

Both Fannie Mae and Freddie Mac say they have made foreclosure prevention, specifically keeping families in their homes, a priority since the foreclosure crisis peaked six to seven years ago.

The post GSEs Hit Loan Modification Milestone appeared first on DSNews.



Lure of Homeownership Overshadows Rental Options
Thu, 19 Jan 2017 23:43:42 +0000

Higher home prices mark a continual trend in the market as supply struggles to meet demand. The decision of whether to rent or to buy depends on several constantly changing factors.

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Down, Down, Down for Mortgage Rates
Thu, 19 Jan 2017 23:25:37 +0000

Many analysts were predicting that mortgage interest rates would rise up into the 4.5 percent to 5 percent range by the end of 2017. But since the start of the year, they are headed in the other direction.

The post Down, Down, Down for Mortgage Rates appeared first on DSNews.



Prices Rise, Inventory Falls
Thu, 19 Jan 2017 20:35:14 +0000

New data shows a considerable drop in the number of homes available for purchase, as well as a significant year-over-year increase in home prices.

The post Prices Rise, Inventory Falls appeared first on DSNews.



CalyxSoftware Hires New Director of Marketing
Thu, 19 Jan 2017 20:02:20 +0000

The industry veteran will be brought in to oversee the development and running of the company's marketing strategy.

The post CalyxSoftware Hires New Director of Marketing appeared first on DSNews.



Mnuchin Finds Allies, Faces Fire in Senate Hearing
Thu, 19 Jan 2017 16:13:47 +0000

Former IndyMac and OneWest executive Steve Mnuchin appeared before the U.S. Senate on Thursday during a tense, testy hearing.

The post Mnuchin Finds Allies, Faces Fire in Senate Hearing appeared first on DSNews.