Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 6.2 percent in April, declining from 8.0 percent the previous month. The portfolio balance at the end of the period was $2.216 trillion com
May 28, 2019 |
TRADE WAR WORRIES WIN OUT... For five days, uncertainty over the trade battle with China riled Wall Street, and even some excellent economic data couldn't prevent the stock market from ending down for the week. The Leading Economic In
May 20, 2019 |
SACRAMENTO — California's first program to incentivize affordable housing developments for Californians with moderate income levels, as well as low-income Californians, has been approved by the California Housing Finance Agency (CalHFA) Boa
May 15, 2019 |
Mortgage Rates moved moderately lower to start the new week as trade tensions remained in focus. In general, the worse the US/China trade relationship is looking at any given moment, the better it has been for the bond market (and the wors
May 13, 2019 |
After several weeks of declining applications, homebuyers bounced back into the market. Mortgage applications increased 2.7% compared with the previous week, according to the Mortgage Bankers Association (MBA). Purchase applications drove the gains. App
May 08, 2019 |
KEY POINTS House shoppers signed 3.8% more contracts to buy existing homes in March compared with February, according to the National Association of Realtors’ pending home sales index. Sales were 1.2% lower compared with March 2018, the 15th str
May 01, 2019 |