Homeowners are feeling the pinch as searches for Home Equity Line of Credit (HELOC) hit their highest point in U.S. internet history
Read More »Starter Homes Smaller, Yet Pricier Compared to 11 Years Ago
In fact, according to a LendingTree analysis of U.S. Census Bureau Characteristics of new housing data, homes have shrunk slightly since 2012, but the average price per square foot has nearly doubled.
Read More »Varun Krishna Joins Rocket Companies as CEO
Former EVP and General Manager of Intuit will succeed Bill Emerson as the company's CEO, bringing more than 20 years of experience building consumer platform strategies to his new role.
Read More »Survey Reveals Buyers’ Lack of Basic Homeownership Concepts
Despite the widespread aspiration for homeownership, many Americans lack the necessary knowledge of basic concepts integral to this dream.
Read More »Average Purchase Loan Size Hits Highest Level Since May
The MBA reports that week-over-week, mortgage application volume fell 1.8%, partly driven by a 10% decrease in FHA applications as the overall average purchase loan size hit $432,700,
Read More »Fed Resumes Rate Increases with a 25 BPS Hike
At the conclusion of Fed’s two-day July meeting, the Federal Open Market Committee moved to raise the base interest rate by 25 basis points, with all members voting in favor of the action.
Read More »Melanie Graper Joins loanDepot as Chief Human Resources Officer
Former CoreLogic Chief Human Resources Officer joins loanDepot to manage all aspects of the company’s human capital function.
Read More »Timothy Saunders Named Angel Oak’s General Counsel
Former Goldman Sachs executive to be responsible for managing all of Angel Oak’s legal affairs and regulatory compliance measures.
Read More »First American Adds Jody Mulkey as Chief Technology Officer
In his new role overseeing First American’s corporate product development team, accomplished tech leader will lead enterprise product development, enhancing products serving customers across multiple divisions.
Read More »Mortgage Rates Shift Direction, Trend Upward
After a three-week slide, Freddie Mac reports the fixed-rate mortgage rose four basis points week-over-week, and despite affordability headwinds, buyers have driven new home sales to levels seen in more than 12 months.
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