Fannie Mae forecasts an end-of-year surge to drive home sales upward, followed by supply challenges to begin the New Year.
Read More »U.S. Home Prices Inch Closer to Record Highs
The nation’s housing inventory dropped for the 39th consecutive week, driving prices further skyward as demand continues to outpace the nation’s supply.
Read More »Housing Starts Up in November
New construction activity rolled onward in November, as a rise in homebuilder sentiment looks to even the supply to demand imbalance in 2022.
Read More »Freddie Mac Survey: Ripples From the Fed Announcement
Federal Reserve Board Chair Jerome Powell has reinforced the Fed’s intent to accelerate its tapering actions, resulting in an upward climb in mortgage rates. Here’s what else Freddie Mac’s latest Mortgage Market Survey reveals.
Read More »Mortgage Applications Decline Week-Over-Week
After showing signs of gains, mortgage application volume fell this week, led by a slight drop-off in refi volume.
Read More »Home Price Appreciation as a ‘Double-Edged Sword’
debt-to-income ratios, Foreclosure, home price appreciation, income inequality, Knock, property tax assessments, Property Taxes, real estate-owned (REO)
Read More »CFPB Highlights CARES Act and ECOA Violations
Bureau examiners uncover violations in areas including mortgage servicing and a variety of lending discrimination practices in new report.
Read More »The Week Ahead: How Will the Housing Market Exit 2021?
HUD and the Census Bureau are set to release their new residential construction data, a gauge of how the market will close out Q4 as the supply/demand struggle continues.
Read More »Jenny Rhodes Tapped to Lead HR for PennyMac
Financial services vet joins PennyMac to lead the company’s recruiting and human resources efforts.
Read More »Mortgage Rates Remain Low and Stable
With rates dropping slightly to 3.10%, a strengthening economy and improvements in employment numbers are two factors that will drive a strong housing market into 2022.
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