Michael Oursler, Chief Credit Officer for NewDay USA, hosted a webinar and discussed the benefits and complexities of utilizing VA loans. NewDay USA specializes in loan origination for ...
Read More »CEO of Common Securitization Solutions Stepping Down
Fannie Mae and Freddie Mac announced Thursday that David Applegate will step down as CEO of Common Securitization Solutions, LLC (CSS). A search for his replacement has ...
Read More »Homebuyers Spending Big Money in the Big Cities
Average prices for single-family homes in metros increased annually in 91% of markets in Q2 2019, according to the National Association of Realtors (NAR). The latest figures represents ...
Read More »GSE Tracking Consumer Confidence
Five of the six components that make up Fannie Mae’s Home Purchase Sentiment Index (HPSI) saw monthly increases in July, and the overall HPSI increased to a survey ...
Read More »Mortgage, Refinance Activity Sees a Spike
The Mortgage Bankers Association (MBA) reports that the volume of mortgage applications for the week ending August 2 increased 5.3%. Also seeing a spike was refinance activity, which ...
Read More »Report: Competition Rate Lowest Since 2011
Competition among homebuyers has reached the lowest levels since 2011, as Redfin reports just 11.2% of offers faced a bidding war in July—a 45% year-over-year decline. Redfin states ...
Read More »Surprising Markets Named Hottest in the Nation
Homebuyers are moving away from the expensive and big cities, and the smaller, less expensive markets are flourishing. According to a report by CNBC, which uses data from ...
Read More »Analyzing the Housing Market Amid Trade, Economic Turmoil
Monday was not a good day on Wall Street. Following comments by President Donald Trump, who added logs to an already growing fire that is a trade war ...
Read More »What Effect Does a Recession Have on Home Values?
New analysis from Zillow shows that other than the housing-led Great Recession a decade ago, home values have continued to grow despite national and statewide recessions over the ...
Read More »Luxury Home Sales Rebound in Q2
Average sales prices for luxury homes increased 1% year-over-year to $1.64 million in Q2 2019, rebounding from a 1.7% drop in Q1 2019, according to new data from ...
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