Mortgage data Archive

For the FHA, Pricing Springs Eternal

Following several years of premium increases, the FHA implemented a 50 basis point reduction in its annual mortgage insurance fee in 2015.  The sharp reduction was expected to boost affordability for entry-level and disadvantaged home buyers and to stimulate...

Private Capital Returns as FHA Contracts

With the recent changes to the FHA’s pricing, it’s worth reviewing the FHA’s impact on the market. There are a number of ways to measure the FHA’s market share. No matter which method is chosen, the FHA’s market share...

Mortgage Purchase Applications

Seasonally adjusted applications to purchase homes surged 23.6% for the week ending January 9th relative to a week earlier, a significant increase following the prior week’s 4.5% improvement.  The purchase applications index is 1.6% higher than the same time...

Mortgage Performance of Veteran Loans

Mortgages backed by the Veterans Affairs have generally performed better than other mortgage products, even though VA loans require no down payment. In the most recent quarter, the percentage of mortgages going into foreclosure for VA loans was 0.3...

Latest Mortgage Applications Data

Seasonally adjusted applications to purchase homes fell 0.3% for the week ending September 19th, a sideways move from the prior week, but steady relative to a soft August. The purchase index is 15.6% lower than the same time period...