Record high home prices pushed up by record low levels has been a persistent problem over the past year or so and relief seems farfetched in the short ...
Read More »Stalled Construction Projects Up Nearly 50%
New Census data has found that a spike in the cost of raw materials and continued supply chain issues has driven up the number of home construction projects that were authorized but not started.
Read More »One-Quarter of Lenders Familiar With Blockchain Technology
In a new blog post, Ryan Jackson of Fannie Mae discusses how the mortgage industry is embracing blockchain technology and what the future holds.
Read More »Gen Z’s Homebuying Impact Across Largest U.S. Metros
Representing the 18-24 age demographic, Gen Z’ers are purchasing a small sliver in the current market, but LendingTree expects a “growing splash” of buyers from this generation in the near future.
Read More »Report: Appraisal Modernization Equals Profits
Time and time again, proverbs across time and cultures tell a tale of a protagonist who refused to get with the times by refusing to accept modern ways of doing ...
Read More »Homeownership Rate Among Millennials Picking Up
The Great Recession, now 15 years behind us, and its impacts on homeownership and insurance markets are still being felt today. This is according to a new report ...
Read More »Rising Rates Adding up to Mountains of Extra Interest
Mortgage rates have surpassed 5% lately, due in large part to increases to the federal interest rate by the Federal Reserve who in addition to raising the rate twice ...
Read More »Refi Closing Costs Exceed $2,300 in 2021
ClosingCorp, a provider of mortgage and closing cost data and subsidiary of CoreLogic, released its most recent Refinance Closing Cost Report for 2021 finding that the average closing ...
Read More »Home Purchase Sentiment Falls to Lowest Level Since 2020
The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for April decreased by 4.7 points to 68.5, its lowest level since May 2020, as rising mortgage rates and ...
Read More »Deephaven Mortgage Names New Chief Sales Officer
Tom Davis, a veteran mortgage industry executive, has joined Non-QM/Non-Agency lender Deephaven Mortgage as Chief Sales Officer, charged with expanding Deephaven’s footprint and market share across the U.S. ...
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