Aaron King, Executive Chairman of Snapdocs, discusses how the mortgage industry can accelerate the transition to all-digital closings.
Read More »Recognizing the Industry’s Leaders in Corporate Social Responsibility
At the upcoming Five Star Conference & Expo, the work of some remarkable businesswomen will be recognized as the Five Star Institute will name the winner of the 2023 Corporate Social Responsibility Award for philanthropic efforts in the mortgage space.
Read More »Affordability Challenges Hindering Prospective Homebuyers
Two new studies from the National Association of Realtors show that elevated home prices and limited housing supply are continuous homebuying barriers cited across different races and ethnicities, hampering home sales and affecting prospective buyers nationwide.
Read More »Economic Strength Keeping Mortgage Rates Above 7% Mark
As challenges persist for first-time homebuyers, mortgage rates trended upward yet again, rising six basis points week-over-week and remaining above the 7% mark for the fifth straight week.
Read More »Home Improvement Projects Gain in Popularity
As mortgage rates remain historically high and the nation’s housing supply low, LendingTree has found that many homeowners are opting to tackle home improvement tasks, with nearly 70% having started or completed various projects over the past year.
Read More »Spotlighting Women Executives Promoting Equitable and Sustainable Homeownership Nationwide
Five finalists have been named for the Five Star Institute Keys in Hand Award, shining the light on women in the industry who have spearheaded efforts to increase homeownership opportunities for all.
Read More »Top American Suburbs for First-Time Homebuyers
Take a closer look at data-supported rankings of the best starter-home locations in the U.S. just outside city centers in a new report from Today’s Homeowner.
Read More »Market Approaching Historical ‘Best Time to Buy’
Although mortgage rates remain above 7%, the first week of October has historically been the best time to buy a home due to a drop in demand and reduced home prices.
Read More »Mortgage Applications Reach Lowest Level in Nearly Three Decades
“Mortgage applications decreased for the seventh time in eight weeks, reaching the lowest level since 1996,” said Joel Kan, MBA’s VP and Deputy Chief Economist. “Last week’s decline was driven by a 5% drop in refinance applications, to the weakest reading since January 2023.”
Read More »1 in 3 Sellers Are Relocating for More Spacious Homes
According to a new Redfin survey, the most common reason home sellers are relocating is the desire for more space, followed by proximity to family and a lower cost of living. Click here to see why sellers are choosing to move despite record-high mortgage rates and an increasing lack of inventory.
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