As the market continues to hit record marks nearly unabated over the last few months, the topic of bubbles is being brought up around watercoolers and coffee machines ...
Read More »Home and Rental Prices Climb in Vacation Hotspots
As remote work prompted many Americans to relocate during the pandemic, housing costs soared in second-home hotspots even more than the rest of the country, according to a ...
Read More »Mortgage Application Volume Falls to 22-Year Low
The MBA reports overall mortgage app volume slid 6.5% week-over-week, with buyers continuing to be shunned by a combo of high rates and prices, amid slowly rising inventory.
Read More »Open Banking Data Pushes Mortgage Underwriting Into Digital Age
Examining the evolution of mortgage underwriting and how Freddie Mac Loan Product Advisor acceptance of direct deposit data can enable digitization through open banking.
Read More »Guaranteed Rate Announces Fintech Tool Saved 17M Sheets of Paper
In 2019, Guaranteed Rate Companies launched FlashClose℠, a digital Fintech tool that enables homebuyers to sign documents and close on their loans remotely from anywhere. The technology became a true ...
Read More »New Home Purchase Apps Drop Nearly 11% in April
As builders continued to face rising costs, supply-chain issues, and extended completion times, the buying market has cooled amid high mortgage rates and lingering affordability concerns.
Read More »How Does a Home Sale Affect Your Local Economy?
The foundation of wealth-building throughout the country for the masses remains firmly entrenched in real estate. A first-class asset, real estate now represents 17% of the country’s GDP ...
Read More »Homebuyers Feeling Pressure of Higher Home Prices, Mortgage Rates
The Fannie Mae Home Purchase Sentiment Index (HPSI) remained comparatively flat in May —decreasing by only 0.3 points— but inching nearer its 10-year- and pandemic-low of 63.0 from ...
Read More »Industry Mourns the Death of Dr. Frank Nothaft
Longtime analyst and economist passes away suddenly, having dedicated 40-plus years to the industry.
Read More »Mortgage Holders Gain Record $1.2 Trillion in Tappable Equity
Rising home prices and unpredictable interest rates continue to complicate affordability pressures in the housing market. However, the same dynamics have also served to increase the housing wealth ...
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