As the fixed-rate mortgage slips another week, the MBA reports that mortgage apps have risen week-over-week amid news of the Fed’s latest action to correct the nation’s inflationary concerns.
Read More »FOMC Hikes Rates for Seventh Time in 2022
This latest action by the Federal Reserve to raise rates is intended to remove money from the economy, reduce demand, and drive prices lower as inflation nears a 40-year high.
Read More »HUD Celebrates House America Program Success in Seattle
The Department recognizes federal, city, and county partners in the House America addressing homelessness and the affordable housing in the Emerald City.
Read More »Survey: More Considering Tapping Into Home Equity in 2023
Year-over-year, a new poll has found that more U.S. homeowners are likely to take out a HELOC in the next 12 months.
Read More »The Cost of Prepping a Home for Sale
A new report identifies the most common home improvements being made during the winter in advance of the spring homebuying season.
Read More »Home Prices Rapidly Cooling in Former Booming Markets
Redfin has found that U.S. regions where home prices spiked due to influx from out-of-town migration are now seeing prices rapidly sliding.
Read More »Mortgage Rates Continue Largest Decline Since 2008
Mortgage rates fell for the fourth consecutive week, and with lingering concerns over less-than-stellar economic growth, overall homebuyer sentiment continues to lag.
Read More »Mortgage Credit Availability on the Rise in November
For the first time in nine months, the MBA reports that mortgage credit availability increased in November, driven by a spike in the interest of ARM loans amid a declining rate environment.
Read More »Finance of America to Acquire AAG
Acquisition of nationwide reverse lender by Finance of America marks the company’s expansion into the direct-to-consumer retail channel.
Read More »Wells Fargo Partners With National Urban League on Appraiser Diversification Initiative
A new $5 million grant will help certify up to 260 diverse appraisers in the Atlanta, Charlotte, and Houston regions.
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