Hybrid work-from-home models and consumer demand for slick apps and digital self-service have turned the way the industry does business upside down. MReport assembled a panel of experts to discuss how the mortgage sector is working to keep up with both homebuyer and internal team demands in the second part of this two-part series.
Read More »Changes to Commission Structure Threatens Minorities’ Access to Housing
Changes in how the commissions of real estate agents are paid could affect the most at-risk buyers first, according to a new report.
Read More »Rent Growth Eases in June
Asking rents may have risen 14% YoY in June, but Redfin reports a slowdown in rent growth as landlords respond to a tightening in tenant budgets spurred by inflationary concerns.
Read More »Despite Continued Demand, Lack of Home Supply Hampering Sales
A new NAR survey found that 57% of agents reported a lack of inventory as a critical factor in their potential clients from making a purchase.
Read More »Higher Rates Impacting the Overall Mortgage Credit Landscape
Mortgage credit availability fell slightly in June, according to the MBA, as mortgage rates reacted to the Fed’s actions in raising the nominal interest rate to curb inflation.
Read More »Mortgage Tech Update: Part I
Hybrid work-from-home models and consumer demand for slick apps and digital self-service have turned the way the industry does business upside down. MReport assembled a panel of experts to discuss how the mortgage sector is working to keep up with both homebuyer and internal team demands in this two-part series.
Read More »Report: Majority of Markets Experiencing Monthly Price Deceleration
Data showed that price growth had slowed in 97 of the top-performing 100 markets amid an environment of rising rates, and reflected the largest month-to-month price growth deceleration since 2006.
Read More »For Home Sales, It’s Deal or No Deal at All
A new analysis by Redfin found that home sales are being canceled at the highest rate recorded since the onset of the pandemic.
Read More »Single-Digit Home Price Growth Expected YoY
Releasing the second-quarter results of its VeroFORECAST, Veros Real Estate Solutions, an enterprise risk management and collateral valuation service company, predicts that home prices will appreciate on average 4.5% ...
Read More »Homebuyers Find Relief in Slowing Market
According to Redfin Chief Economist Daryl Fairweather, “Conditions for homebuyers are improving. Housing remains expensive, but mortgage rates just posted their biggest weekly drop since 2008, which makes buying a home a bit more affordable."
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