According to First American Chief Economist Mark Fleming, rising rates may cool house price appreciation, and bring a new norm to the market.
Read More »Expert Insights: Modernizing the Appraisal Process
Phil King of ServiceLink explains how the pandemic accelerated tech advancements in the appraisal space, as today’s appraiser joins the AI and machine learning revolution.
Read More »Housing Starts Decline Slightly in April
The rise in mortgage rates and inflationary concerns are impacting new residential construction, as borrower costs continue to force many prospective buyers to the sidelines.
Read More »California Renters Have Least Personal Space
The high cost of living in California combined with over-populated cities and a lack of available apartments, is pushing more people to live under the same roof in order to afford monthly rental and mortgage payments.
Read More »Fannie Mae Issues $5 Million to Help Advance Racial Equity in Housing
The latest issuance of the 2022 Sustainable Communities Innovation Challenge in efforts to further advance racial equity in housing, will implement and remove barriers currently preventing many households from purchasing or renting a home.
Read More »Expert Insights: D&I Recruitment and Retention
Diverse workplaces have been proven to be happier and more productive environments, but Victoria Garcia DeLuca of Guild Mortgage explains how building a diverse workplace doesn’t end at the hiring process.
Read More »Homes Selling for Nearly 60% Above List Price Nationwide
According to a new report from Redfin, the typical home for sale found a buyer in just 15 days —the fastest pace on record— during the four-week period ...
Read More »Who Needs Non-QM Loans?
Greg Austin of Carrington Mortgage Services discusses the flexibility found in non-QM loans for the self-employed, investors, and more.
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.
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