Five Minute Maturity – 08/02/2021

Good morning and happy Monday! There is very little this week in scheduled housing news. We do, however, have one key story to cover. The big one, 1st page above the fold, is what didn’t happen. On Friday, the House of Representatives failed to garner enough votes to...

Five Minute Maturity – 07/30/2021

Good morning and welcome to the weekend again! We don’t have any scheduled housing news today. As always, however, there are some select stories to cover. First up today, regulation is coming to the non-bank originators. Over the past decade their share of mortgage...

Five Minute Maturity – 07/28/2021

Good morning and happy hump day! We had more housing news today in the form of Mortgage Applications, which was released at 6:00 a.m. central time. This was for the most recent week ending July 23rd. The prior week we saw a -4.0% decline. Today was another flip-flop,...

Five Minute Maturity – 07/26/2021

Good morning and happy Monday! Today was a scheduled housing news day, with New Home Sales for June at 9:00 a.m. central time. The street was looking for a +4.0% number after a -5.9% stinker in May. Instead, the ghost of housing headwinds struck again with a -6.6%...

Five Minute Maturity – 07/23/2021

Good morning! Yesterday the The National Multifamily Housing Council (NMHC) released their July report, and like the housing market, the rental market has become increasingly tight. The NMHC’s Market Tightness Index hit a record-breaking high of 96, up from 81 last...