Google prepares to launch mortgage comparison tool

Google prepares to launch mortgage comparison tool

“Compare” service for mortgages already in use in the U.K.

Definitely the best Beige Book coverage on housing and mortgage finance

Thank you, Vince Vaughn

Goldman Sachs just nailed millennial homebuying

Publishes animated graph day before housing conference
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Items Tagged with 'housing recovery'

ARTICLES

Case-Shiller: “The housing recovery is faltering”

Home prices edge up slightly but trouble in the fundamentals
Trey Garrison
Home prices did increase slightly in much of the country, but Case-Shiller warns that the housing recovery, such as it is, is floundering. This kind of "recovery" is usually called a recession. Here's why.
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Bad news continues to dog housing sector

"Feel good" programs are not a solution
Lynn Effinger
We should applaud efforts made to make mortgages available to more segments of our society, but, unless stringent guidelines remain in place we will find ourselves fueling another housing and economic meltdown before we have truly escaped from the last one.
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Beige Book: Economy picked up in late 2014 but not housing

Construction, sales relatively flat at year’s end; oil drop raises alarms
Trey Garrison
The Beige Book looks at all the Federal Reserve districts in excruciating detail. We wade through it all and break out the mortgage finance and housing activity. Here’s what happened.
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Realtor.com chief economist answers 5 burning questions about housing’s future

Home prices, sales, credit boxes, and credit access – this has it all
Trey Garrison
Realtor.com Chief Economist Jonathan Smoke talks home prices, home sales, credit boxes and more in this exclusive HousingWire interview that hints at what his 2015 forecasts may hold.
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Homebuilders: Just one in six housing markets back to normal

NAHB says recovery happening but very slowly
Trey Garrison
Markets in 59 of the roughly 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index.
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KBW upgrades Nationstar on second look at MSRs

Sterne Agee lowers FY2014 EPS estimate
Trey Garrison
Nationstar Mortgage Holdings is getting a little more love after its rough time last week following its announcement of declining revenue for the third quarter.
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October job creation misses expectations with just 214K added

Unemployment edges down to 5.8%, wages flat
Trey Garrison
Total nonfarm payroll employment rose by 214,000 in October, below analyst expectations of 235,000, and the unemployment rate edged down to 5.8%, according to the Bureau of Labor Statistics. Wages remained flat.
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Analysts: New home sales stall-out is a disappointment

Expect some rebound but demand remains restrained
Trey Garrison
New home sales stalled in September to just 0.2% growth, following the previous month’s downwardly revised jump of 10%. Analysts think this is more an outlier than a trend, but any optimism is heavily qualified.
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This is why Fannie and Freddie mortgage initiatives won't work

MBA declarations are feel-good, but temporary
Lynn Effinger
Several newsworthy events have occurred over the past several days that would seem to indicate that the housing “recovery” is picking up steam. While that would be welcome news for our country in general and our industry in particular, these reports are tempered by the potential unintended consequences of certain actions either taken or not taken.
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Freddie Mac: The 4 ingredients for housing recovery

Recovery still has a ways to go
Brena Swanson
"Combined, these forces, once firing on all cylinders, can provide the lift off needed for economic growth to be stronger in 2015,"said Frank Nothaft, Freddie Mac vice president and chief economist.
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