Continued housing demand and a lack of existing inventory are just two of the forces that make construction-to-permanent loans an ideal opportunity to make up for lost volume in today’s marketplace.
Read More »Preserving Home Values Nationwide
An upcoming webinar presented by the Five Star Institute and Brookstone Management will examine the responsibilities of home preservation experts in combating blight, returning foreclosed properties to the market, and protecting property values.
Read More »Mortgage Rates Continue to Climb, Edge Closer to 7% Mark
Freddie Mac Chief Economist Sam Khater points out that "upward pressure on rates is the product of a resilient economy with low unemployment and strong wage growth, which historically has kept purchase demand solid.”
Read More »Mortgage App Volume Falls for Third Consecutive Week
With mortgage rates surpassing the 7% mark, the MBA reports yet another dip in weekly purchase and refi apps as homebuyers struggle in the face of a depleted housing supply and elevated mortgage rates.
Read More »Arrive Home Promotes Matt Pettit and Tai Christensen
National affordable housing program announces executive leadership changes, as Matt Pettit is promoted to CEO and American Mortgage Diversity Council Chair Tai Christensen is promoted to President of the company.
Read More »Women in Housing Take Center Stage at Five Star Conference
The 25 finalists for the 2023 Women in Housing Leadership Awards, to be presented during the 20th Annual Five Star Conference and Expo in Dallas this September, have been named.
Read More »‘Bad Time to Buy’: Fannie Mae Reports on Home Purchase Sentiment
For a litany of reasons—including rising prices and inflation—most consumers surveyed believe that now is not a good time to purchase a home.
Read More »AFR Announces Sale to Proprietary Capital
Full-service mortgage banker announces agreement to sell 100% of the company to institutional platform for investors to gain exposure to the U.S. residential-mortgage market.
Read More »Harvard Perspectives: Addressing 2023 Housing Challenges, Disparities
Researchers from Harvard University's Joint Center for Housing Studies point out that lawmakers and regulators proved during the pandemic that policy-based housing solutions are possible in a time of crisis.
Read More »Government Credit Rating Downgrade Forces Uptick in Mortgage Rates
On the heels of Fitch Ratings downgrading the GSEs’ senior unsecured debt ratings to 'AA+' from 'AAA,’ Freddie Mac reports the fixed-rate mortgage climbed nine basis points week-over-week, inching closer to the 7%-mark.
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