Bruce Barnes and Jim Cory are added to Cherry Creek’s team, expanding and bolstering the company’s footprint in the reverse mortgage space.
Read More »Fannie and Freddie Issue Third-Quarter Earnings
With both reporting solid gains, the GSEs continued their mission of providing liquidity, stability, and affordability to the housing market in Q3.
Read More »The Week Ahead: Answering the Call for Affordability
In the pursuit of equitable housing for all, an upcoming webinar will address the challenges faced by more and more to find a home to purchase or rent within their means.
Read More »Increase in Consumer Optimism Drives Rise in Mortgage Rates
Mortgage rates have risen to 3.14%, up five basis points, with refi activity dipping for the fifth straight week.
Read More »Pending Home Sales Fall in September
NAR reports that in all regions, contract signings decreased from the prior month, and from one year ago, as some potential buyers momentarily pause their home search heading into Q4.
Read More »Refi Activity Hits 20-Month Low
With rates on the rise, a slight uptick in purchase apps compensated for a slide in refinance apps, which hit lows last seen in January 2020.
Read More »House Price Appreciation Sets Record for Third Consecutive Month
U.S. home price appreciation reached 20.7% in August 2021, marking the third straight month it has reached a new record mark, according to the latest findings by First American.
Read More »Rich Harkwell Joins Waterstone Mortgage as Chief Sales Officer
Focusing on long-term sales goals, 30-year industry vet joins Waterstone to work alongside sales and senior leadership teams to oversee the strategic sales growth of the company.
Read More »Annual Home Price Gains Remained High in August
Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns.
Read More »Bidding Wars Dropped to 2021 Low in September
A new study found that 59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates.
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