The gain in existing home sales in September reflects contracts signed earlier in the summer, mBA's purchase application data showed an 8 % gain in September, which is evidence of growing demand for buying a home and supports further sales increases in the months ahead.

Mike Fratantoni

Tidy up a bit to get it ready to list. ... We'll be back to a place where it matters if Mike Fratantoni home is in good shape.

Mike Fratantoni

Builders are delaying starting new construction because of the marked increase in costs for lumber and other inputs.

Mike Fratantoni

These supply chain constraints are holding back a housing market that should otherwise be picking up speed, given the strong demand for buying fueled by an improving job market and low mortgage rates.

Mike Fratantoni

It is not surprising to see the rate of forbearance exits slow.

Mike Fratantoni

Whether you pay it up front or over the life of a loan, you'll pay it, and it may make the difference of whether it is worth it to refinance or not for many people.

Mike Fratantoni

Our forecast is that mortgage rates will be trending higher in 2021, that was going to be happening anyway leading to lower refinance volumes next year. This fee will add to that.

Mike Fratantoni

Homeowners are contacting their mortgage servicers seeking relief, leading to a sharp increase in the share of loans in forbearance across all loan types.

Mike Fratantoni

The US economy and job market continued to show signs of strength, but weakness abroad and tumbling oil prices have led to further declines in longer-term interest rates.

Mike Fratantoni