Daily Dose

Sen. Kevin Cramer and Mark Warner have reintroduced a bipartisan bill to authorize remote online notarizations nationwide, allowing notaries and signers to complete the process from different physical locations.

A new report from Redfin also reveals that Gen Z took advantage of ultra-low pandemic-era interest rates to make their homeownership dreams come true.

According to Fannie Mae's Economic and Strategic Research Group expectations for Q1, the increase in the sales pace from the end of 2022 to the beginning of 2023 revealed that homebuying demand remains buoyant and was unexpectedly responsive to small declines in mortgage rates.

The MBA has filed an amicus brief arguing against lenders being held liable for the actions of independent appraisers in instances where bias is concerned.

Harvard's Joint Center for Housing Studies released its Leading Indicator of Remodeling Activity report, which projects that year-over-year expenditures for homeowner improvements and repairs will experience a near 3% decline through Q1 2024.

According to RentCafe’s Rental Activity Report, in April, apartment hunters in Atlanta added twice as many listings to their favorites lists compared to this time last year, as many renters remain deterred from homebuying due to elevated interest rates and economic inflation.

According to the RE/MAX National Housing Report for March 2023, the expected spring surge has arrived, as an influx of homebuyers entering the market in February spurred a 37.7% rise in home sales.

Entry-level home shoppers are most likely to face bidding wars this spring, as prices rose by 8% annually for the least expensive one-third of houses, while more expensive homes lost value for the first time in more than a decade.

Founder of Compliability Solutions LLC will oversee the Editorial Advisory Board for MortgagePoint magazine in new role, drawing upon his expertise in the regulatory compliance field.

Freddie Mac reports the 30-year fixed-rate mortgage took a turn upward this week, rising 12-basis points week-over-week as investors responded to more healthy economic indicators and an uptick in bond yields.