Industry News: National News

National Real Estate News


Low Mortgage Rates Continue to Boost Application Activity
December 27th, 2012 - Despite predictions of higher mortgage rates throughout the second half of the year, economic factors have helped keep rates low, providing buyers with high affordability and current homeowners with the opportunity to refinance their mortgage.

Homebuyers More Confident in Improving Housing Market Factors
December 27th, 2012 - Together, news of positive housing market factors including growing home prices and the overall economic recovery have likely made consumers more optimistic when it comes to making the investment.

Builder Confidence Up in December, Eighth Month of Index Improvements
December 27th, 2012 - With a lower inventory of delinquent and existing single-family homes for sale, many builders have reported seeing the best sales in over five years.

Mortgage Rates Stable Near Record-Low Levels, Home Sales Dormant
December 17th, 2012 - Despite dropping to new record lows for two weeks in a row, the latest Primary Mortgage Market Survey from Freddie Mac shows mortgage rates continue to linger near those reached the previous week.

Increased Consumer Confidence Helps Boost Mortgage Apps and Sales
December 17th 2012 - With the holiday season quickly approaching and positivity sprinkled into both economic and housing market reports, consumers have become more confident. Increased confidence regarding job opportunities and other economic factors revealed in a report from The Conference Board likely also contributed to more real estate activity from buyers.

Average FRM Rates Slip to New Record Lows, ARM Rates Don't Budge
December 17th, 2012 - To offset a historically less busy time for the real estate industry, mortgage rates are often lower throughout the fall and winter months, which helps promote activity.


Home Prices Up in Q3
December 13th, 2012 - While mortgage rates have remained near record lows, home prices have been on the rise throughout much of the year.

Mortgage Debt Falls to Lowest Level Since 2006, NY Fed Survey Says
December 11th, 2012 - With borrowers paying back their mortgages at a faster pace, mortgage debt hit a six-year low in the third quarter, according to the Federal Reserve Bank of New York.

FHFA: More than 700,000 Have Used HARP Through September
December 11th, 2012 - The Home Affordable Refinance Program was created to provide borrowers with an affordable option to refinance their mortgage.

National Housing Market Returning to Normal, Says Trulia
December 11th, 2012 - Though multiple housing and economic reports indicating rising home prices and increased consumer confidence, many economists say it will be awhile before both return to levels considered normal.

Home Prices Continue to Rise, Florida Posts Strong Annual Gain
December 6th, 2012 - Higher home prices are indicative of an improving national housing market, and some states are posting stronger numbers as their local economies are improving more quickly.

Pending Home Sales Hit Five Year High in October
December 6th, 2012 - The future of home sales could be bright, as pending home sales reached a five-year high in October, according to the National Association of Realtors.

Refinancing Remains Popular, Applications Slip Slightly
November 28th, 2012 - While mortgage rates continue to provide both current and potential homeowners with high affordability for the major investment, a new report shows application activity slipped for the week ending 4.2 percent.

Homes Sales Improve in South, Significant Increases in Miami
November 28th, 2012 - A recent report from the National Association of Realtors shows pending home sales increased just 0.3 percent on a national average, however, they grew significantly in South Florida.

Homes Sales Up in October, Prices Continue to Rise
November 26th, 2012 - Though some economists believed higher home prices would hinder home sales throughout the second half of the year, record low mortgage rates have likely prompted many prospective buyers to carry on with plans to make the investment.

Mortgage Rates Remain Near Historic Lows to Begin November
November 19th, 2012 - Many economists were surprised when the average rate for 30-year fixed-rate mortgages reached a new record low in October, but reports continue to note rates are lingering near these low levels despite predictions of higher rates before 2013.

Homeowners More Confident in Selling, Home Prices and Overall Market
November 19th, 2012 - Reports throughout much of 2012 have been emphasizing the high affordability of the market for those looking to purchase a property.

Mortgage Applications Jump, Recover from Declines After Storm Sandy
November 19th, 2012 - While some economists blame lower application activity throughout much of the year on rising home prices, mortgage rates have been near record lows, offering to offset higher prices.


Home Sales Improve Throughout Much of the Country in September
November 12th, 2012 - As mortgage rates continue to linger near record lows, becoming a homeowner remains significantly more affordable when compared to this time last year.

Mortgage Application Activity Slips, Hurricane Sandy Partially Responsible
November 8th, 2012 - While current homeowners continue to take advantage of affordability offered by record low mortgage rates throughout much of the year, applications have been down in recent weeks as the slower sales season begins.

Rising Rents May Promote Homeownership, Buying Still Affordable
November 8th, 2012 - Higher home prices may have some prospective buyers hesitant to begin their property search, but as rents continue to rise, homeownership remains more affordable in many parts of the country.

Government-Sponsored Programs May Act as Catalyst to Housing Market Recovery
Novemeber 5th., 2012 - While recent reports show housing market factors are growing, industry experts say more progress can still be made. Increased home sales have helped to eliminate the inventory of foreclosures and short sales on the market, which has in turn allowed home prices to increase.

Home Prices Continue to Rise in Second Quarter, Buying Still Affordable
October 25th, 2012 - Data reveals that home prices were up in the second quarter of the year, with increasing rates seen nationwide for the first time since the summer of 2010.

Purchase Applications Increase As Market Remains Affordable
October 24th, 2012 - As home prices continue to improve along with mortgage rates, there has been less mortgage application activity in recent weeks.

Home Values Continue to Improve, Inventories Shrinking
August 31st, 2012 - While a smaller inventory of homes listed for sale may sound like potential buyers have less to choose from, a lower number of delinquent properties continues to allow home values to increase.

Mortgage Rates Inch Up Again, Still Lower Than a Year Ago
August 24th, 2012 - After hitting new record lows for weeks in a row, fixed mortgage rates have been moving up, indicating an improving housing market.

New Economic Outlook Reveals Good News For Housing Market
August 23rd, 2012 - According to Freddie Mac's July Economic Outlook, high affordability provided by low mortgage rates has increased the demand for housing and helped boost sales and home prices in many markets nationwide.

Homes Prices in Miami Continue to Rise in Second Quarter, Local Market Improving
August 23rd, 2012 - While national reports show home prices and mortgage rates continue to grow, a new report from the Miami Association of Realtors shows the strong demand for becoming a homeowner in Miami-Dade County has also helped boost local sales and home prices.

Sales of New Homes Increase in June
August 23rd, 2012 - While some recent homebuyers have been purchasing foreclosures for their deeply discounted prices, a new report shows many prospective buyers opt for new properties that don't need any repairs or renovations before being move-in ready.

Home Prices and Sales Continue to Improve in June
August 22nd, 2012 - A new report reveals that home prices have improved on both a monthly and annual basis in June, while sales were also up.

Fixed-Rate Mortgage Averages Continue to Break Previous Records Lows
August 22nd, 2012 - Despite predictions for increased mortgage rates by 2013, fixed mortgage rates have reached a new record low for the 14th time in the last 16 weeks.

Home Prices Continue to Improve in 2012
August 22nd, 2012 - As many prospective buyers may be waiting for home prices to drop to begin their home search, increasing numbers suggest there have been improvements on the housing market front.

Mortgage Rates Remain Near Record Lows, Affordability Still High
August 17th, 2012 - As housing market reports continue to report industry factors are improving, many prospective buyers are urged to buy while affordability is still high.

Mortgage Rates Remain Near Record Lows
August 17th, 2012 - While slightly higher mortgage rates may not seem appealing to prospective buyers, they do indicate an improving housing industry while still offering high affordability when compared to a year ago.

Refinancing Remains in High Demand with Rates Staying Low
August 16th, 2012 - Higher home prices in housing markets across the country may be affecting mortgage application activity, but becoming a homeowner is still significantly more affordable when considering mortgage rates from last year.

Housing Markets in South Florida Added to List of Improving Areas
August 16th, 2012 - As housing market factors, including home prices and mortgage rates, continue to improve while still being affordable, a new list of improving housing markets nationwide includes a number of Florida metropolitan areas.

National Home Prices Up in June as Annual Gains Continue
August 15th, 2012 - While increasing home prices may seem negative to potential buyers, monthly gains indicate the market is recovering despite a drop in sales.

Record Low Mortgage Rates Likely Prompting More Mortgage Application Activity
August 14th, 2012 - Prospective homebuyers continue to benefit for record-low mortgage rates, as reported by Freddie Mac, while those who already own a home are also refinancing.

Prepping Your Home To Get It Market-Ready
July 27th, 2012 - There are a number of things you can do to get your home ready when adding it to the list of homes for sale to stand out from the competition.

Home Values See Annual Increase, Other Factor Continue Improving
July 27th, 2012 - A new housing market report reveals home values in the second quarter posted their first annual increase in almost five years, as activity continues to boost industry activity.

Average Rates for Mortgage Loans Reach New Record Low
July 26th, 2012 - As improving economic factors continue to support the strengthening of the nation's housing market, a new report revals mortgage rates continue to reach new record lows, prompting consumer activity.

Report Shows improving Housing Industry Factors in July
July 26th, 2012 - A new report shows that housing markets across the country are recovering from a slump as home prices increase and home inventory shrinks.

Economists Seeing Signs of Sustained Housing Market Gains
July 26th, 2012 - In a sign that the housing market may be seeing a sustained recovery from the recession, most economists now seem to agree that the market has moved past the point where conditions will slip again.

Mortgage Rates Continues Downward Trend, Reaching New Record Lows
July 25th, 2012 - Despite predictions of higher mortgage rates, a new report shows rates for fixed-rate mortgages have reached record-breaking lows.

Report Reveals Mortgage Delinquencies Fall to New Three-Year Low
July 13th, 2012 - As home prices and sales have increased in recent months, data from a new report shows mortgage delinquencies fell to a new record low throughout the first quarter of the year.

Sales Of Existing Homes Fall In May, Low Inventory Good For Housing Market
July 13th, 2012 - A new report shows existing-home sales were down in May but remain significantly higher than this time last year while home prices are also recovering.

New Report Reveals South Florida Growing As Economy Recovers
July 13th, 2012 - As economies nationwide are improving, many metro areas continue to grow larger, and a new report from the U.S. Census Bureau reveals cities in some Southern states, including Florida, have seen a jump in population.

New Report Reveals Multiple Housing Market Factors Improving
July 13th, 2012 - As low home prices and record-low mortgage rates continue to provide potential buyers with high affordability, a new report reveals residential sales were up in May.

FHFA Index Shows Improving Home Prices As Market Continues to Stabilize
July 12th, 2012 - As a number of housing market reports continue to say the market is recovering, the Federal Housing Finance Agency's House Price Index for the month of April agrees, as prices were up on both a monthly and annual basis.

White House Releases Housing Scorecard for May
July 12th, 2012 - The White House's May Housing Scorecard reveals improving market factors which indicate the industry is stabilizing and becoming a homeowner remains part of the American Dream.

Mortgage Rates Up For The First Time in Six Weeks, Still Near All-Time Lows
July 11th, 2012 - After six straight weeks of record-setting lows, data for the week ending June 14 shows mortgage rates have increased but still offer high affordability for the potential buyers of Florida Homes.

Housing Index Shows Improving Markets Throughout Florida
July 11th, 2012 - As numerous industry reports show the housing market is stabilizing, a new index shows 80 metropolitan areas across the country showed measurable improvement in June, including many in Florida.

Home Prices Gain, But Rents Rise More in Most Locations
July 10th, 2012 - Recent real estate news has focused on home prices showing improvements in many parts of the country. However, in many of those locations, rents have increased even faster, making it more affordable to buy than lease for some consumers.

Consumers Show Growing Positive Feelings Toward Homeownership
July 10th, 2012 - While sustained growth has still failed to create a strong hold across the country, a recent survey finds that many people feel more positive about buying a home than they have been during the past two years.

Mortgage Rates Linger Near All-Time Record Lows, Affordability Remains High
July 3rd, 2012 - While home prices have been steadily increasing in some areas, mortgage rates have been at or near record-lows throughout this year.

Housing Market Reports May Confuse Prospective Buyers About Home Prices
June 28th, 2012 - For homebuyers, keeping up with current housing market information can be helpful when applying for a mortgage and purchasing a home that will remain valuable.

After a Weekly Increase, Mortgage Rates Fall to New Record Low
June 26th, 2012 - Potential buyers who have been hesitant to purchase one of the many Florida homes for sale as the housing market recovers may be prompted by new record-low mortgage rates.

Home Prices Up In April, Indicating Recovering Housing Market and Stability
June 13th, 2012 - While higher home prices may seem like a negative factor for potential buyers, it does indicate that the housing market is improving and becoming more stable.


Record Low Mortgage Rates Provide Record High Affordability
June 13th, 2012 - Following a report from the National Association of Realtors that revealed housing affordability reached a record high in the first quarter, mortgage rates continue to plummet to their lowest levels in industry history.