Finance and Economics

Cash Sales in 2016 Were the Lowest Since 2007
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Cash Sales in 2016 Were the Lowest Since 2007

Distressed sales also at their lowest since 2007. More

Credit Index Shows Decline in Risk for Q4 2016
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Credit Index Shows Decline in Risk for Q4 2016

The primary cause of the Housing Credit Index decline over the last five years is... More

Fed's Rosengren Says Hot U.S. Real Estate Could Be a Red Flag
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Fed's Rosengren Says Hot U.S. Real Estate Could Be a Red Flag

The run-up in U.S. real estate prices could potentially amplify any future... More

Rising Interest Rates Both a Blessing and Curse for Mortgage-Bank Profits
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Rising Interest Rates Both a Blessing and Curse for Mortgage-Bank Profits

While production profits are falling, net servicing financial income is on the rise. More

New York Fed Survey: 33% of Americans Unlikely to Come Up With $2,000 in an Emergency
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New York Fed Survey: 33% of Americans Unlikely to Come Up With $2,000 in an Emergency

Respondents too discouraged to apply to credit rose to 7.1% in Feb 2017 from 5.7%... More

MBA: Mortgage Apps Drop 2.7%
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MBA: Mortgage Apps Drop 2.7%

Government Refinance Index falls 12%, down to its lowest level since December 2014. More

Private-Label Mortgage Bonds Are Making a Comeback
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Private-Label Mortgage Bonds Are Making a Comeback

Remember the sliced and diced mortgage-backed bonds that brought down the U.S.... More

Doctors Can Get Their Own Kind of Home Loan
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Doctors Can Get Their Own Kind of Home Loan

One lesser-known benefit of becoming a physician is that there is a special... More

Spring Housing Market is 'Hottest it's Been in a Decade'
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Spring Housing Market is 'Hottest it's Been in a Decade'

Consumer sentiment is rising but will there be homes for these consumers to purchase? More

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