Rise in sales found in the luxury market, with first-time buyers still struggling to find affordable starter homes as options.
Read More »Refis Propelled 2020 Surge in Originations
An analysis of HMDA data by the CFPB has found that closed-end originations increased in 2020 by 65.2%, with much of that spike due attributed to the refinance boom.
Read More »The Week Ahead: Relief in Store for Housing Supply?
An examination of existing-home sales by NAR will gauge the nation’s housing inventory, as high prices are forcing more to re-consider their purchase decisions.
Read More »Mortgage Rates Remain Relatively Flat
After a slight rise last week, mortgage rates have plateaued as a shift in inventory and pricing is offering more choices for buyers, along with more approachable prices.
Read More »Carrington Charitable Foundation Raises $200K+
Monthly contributions from Carrington borrowers results in more than $200,000 for programs dedicated to the nation’s veterans.
Read More »New Legislation Takes Aim at Housing Affordability
The introduction of the DASH Act seeks to level the housing playing field for all through a series of initiatives including the issuance of housing vouchers and tax credits.
Read More »Builder Confidence Sinks to 13-Month Low
Increased costs and a bottlenecked supply chain have resulted in a dip in home building, even putting a hold on some new home sales.
Read More »Purchase and Refi App Volume Slips
After a slight uptick last week, mortgage application volume fell this week, as rates began to rise and fear over rising COIVD cases overshadowed strong jobs reports.
Read More »New GSE Initiative Aims to Close the Housing Gap
Proposed rules set forth by the FHFA target housing obstacles faced by low-income and rural areas, minority communities, and other underserved populations.
Read More »Chris Lewis Promoted to Director of Enterprise Solutions for DocMagic
Twenty-five-year veteran of the industry tapped to lead mortgage tech provider in fostering strategic partnerships and to promote e-mortgage offerings.
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