Congratulations Paul & Michelle

Julie C. Nichols Mortgage

Congratulations Paul and Michelle on your new beautiful #BloomfieldHome and thank you for allowing Highlands Residential Mortgage to assist you with your mortgage.      

CoreLogic Loan Performance

Julie C. Nichols Mortgage

Reblogged from MBS Highway: https://www.mbshighway.com/gallery/CoreLogic-Loan-Performance-10-8-2019-png   CoreLogic released their Loan Performance report for the month of July, showing that loans 30-days or more past due decreased from 4.0% to 3.8%, while seriously delinquent loans, which is defined as 90-days or more, remained unchanged at 1.3%.  Seriously delinquent homes in foreclosure were unchanged at 0.4%.     The views expressed are …

FHFA House Price Index

Julie C. Nichols Mortgage

Reblogged from MBS Highway: https://www.mbshighway.com/gallery/FHFA-9-24-2019-png   The FHFA (Federal Housing Finance Agency) House Price Index, which measures home price appreciation on single-family homes with conforming loan amounts rose 0.2% in June and 5% year over year.  This was an acceleration from the previous report, which was reported at 4.8%.  Homes near the median home price are on fire, while the …

Existing Home Sales

Julie C. Nichols Mortgage

Reblogged from MBS Highway:  https://www.mbshighway.com/gallery/Existing-Home-Sales-9-19-2019-png   Existing Home Sales increased 1.3% in August to the highest level in 17 months.  The Median Home Price was reported at $278,200, up 4.7% year over year.  Total inventory at the end of August was down 2.6% year over year.  At the current pace of sales, there is a 4.1-month supply, down from 4.2. …

Existing Home Sales

Julie C. Nichols Mortgage

Reblogged from MBS Highway https://www.mbshighway.com/gallery/Existing-Home-Sales-9-19-2019-png   Existing Home Sales increased 1.3% in August to the highest level in 17 months.  The Median Home Price was reported at $278,200, up 4.7% year over year.  Total inventory at the end of August was down 2.6% year over year.  At the current pace of sales, there is a 4.1-month supply, down from 4.2. …

Housing Starts

Julie C. Nichols Mortgage

Reblogged from MBS Highway https://www.mbshighway.com/gallery/Housing-Starts-9-18-2019-png   Following the best builder confidence reading of the year yesterday, Housing Starts were reported up 12.3% in August…And July was revised higher.  Single-family starts were up 4.4% to the best level since January. Permits, which are a good forward-looking indicator, also showed strength, jumping 7.7% in August.  Single-family permits were up 4.5%, which is …

FHFA House Price Index

Julie C. Nichols Mortgage

Reblogged from MBS Highway: https://www.mbshighway.com/gallery/FHFA-8-27-2019-png   The FHFA (Federal Housing Finance Agency) released their House Price Index, which measures home price appreciation on single-family homes with conforming loan amounts.  Today’s report showed that home prices rose 0.2% in June and 4.8% year over year.  This was a slight decline from the previous report, which was reported at 5.2%.  Remember that …

New Home Sales

Julie C. Nichols Mortgage

Reblogged from: https://www.mbshighway.com/gallery/New-Home-Sales-July-8-23-2019-png   New Home Sales, which measures signed contracts on new homes, were down 12.8% in July, which was much less than the unchanged reading expected.  But that does not tell the whole story.  The June report, which was already up 7%, was revised significantly higher by 82,000 sales to a 12-year high.  When taking the revision into …

Housing Starts

Julie C. Nichols Mortgage

Reblogged from: https://www.mbshighway.com/gallery/Housing-Starts-8-16-2019-png     Housing Starts were down 4% in the month of July, which was worse than expectations.  But the decline was all in multi-family starts.  Single-family starts were actually up 1.3% and are up 2% year over year, which is really what’s most important for the housing market.Permits, which are a good forward looking indicator, showed some …

CoreLogic Loan Performance

Julie C. Nichols Mortgage

Reblogged from MBS Highway: https://www.mbshighway.com/gallery/CoreLogic-Loan-Performance-8-13-2019-png     CoreLogic released their Loan Performance report for the month of April.  Loans 30-days or more past due remained stable at 3.6%, while seriously delinquent loans, which is defined as 90-days or more, also remained unchanged at 1.3%.  Seriously delinquent homes in foreclosure were unchanged at 0.4%.  Incomes and home price growth continue to …