Following three quarters of decline, ATTOM reports that home investment returns rose in Q2, led by a springtime surge in buyer demand, pushing seller profits back up to nearly their highest level recorded in the past decade.
Read More »More Prospective Buyers Turn to Newly Built Homes in June
The MBA reports that new home purchase mortgage applications in June rose 26.1% year-over-year, despite mortgage rates nearing the 7% mark.
Read More »Cooling Inflation Boosts Rise in Mortgage Apps
As markets responded positively to data showing that U.S. inflation continues to cool, the MBA reports that mortgage application volume rose week-over-week, with refi apps increasing more than 7%.
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 »Grappling With the Nation’s Housing Cost Burdens
The Harvard Joint Center for Housing Studies has issued its State of the Nation's Housing report, underscoring how the U.S. is dealing with sustainability issues faced in today’s marketplace.
Read More »California Housing Remains an Expensive Proposition
Occupying nine of the top 10 spots of the nation’s most expensive housing markets, the Golden State led the way in a CoreLogic study, driven by tech hubs, outdoor amenities, weather, and a strong economy.
Read More »Keeping Afloat
MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.
Read More »Mortgage Rates Close in on the 7% Mark
Nearing levels last recorded in November 2022, Freddie Mac reports the fixed-rate mortgage rose 15 basis points week-over-week and edged closer to the 7%-mark.
Read More »FHA and VA Purchase Apps on the Rise
Despite mortgage rates reaching their highest levels since November 2022, overall app volume rose week-over-week, led by an increase in both FHA and VA purchase applications.
Read More »HUD Begins Public Housing Inspections Under NSPIRE
The Department has initiated public housing inspections under the National Standards for the Physical Inspection of Real Estate rule to address substandard rental properties and promote compliance with health and safety standards.
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