With the rising cost of supplies already troubling homebuilders, a lack of skilled workers is now contributing to a lack of housing inventory nationwide.
Read More »Mortgage Apps Rise Amid Refi Boost
Mortgage applications rose for the first time in seven weeks as rates trended downward and potential refi candidates jumped in and took advantage of record-low rates.
Read More »Guaranteed Rate Expands D&I Initiatives With Two New Additions
Mortgage lender expands its Diversity, Equity, and Inclusion efforts with two new hires to broaden the company’s reach.
Read More »Vylla Title Names Tom Huddleston EVP
Vylla Title, a member of the Carrington family of companies, has tapped Tom Huddleston for the role of executive vice president.
Read More »The Week Ahead: Charting the Market’s Course for 2021
High prices and a new rise in inventory combined with low rates will all play into March’s existing home sales numbers as Q1 closes and the direction of the market takes shape.
Read More »Housing Supply Gets March Jump Start
Despite the rising cost of building materials and poor February weather, housing starts took off in March reaching new 15-year highs.
Read More »Bill Proposed to Accelerate Affordable Housing Development
Bipartisan legislation geared toward raising the housing credit, the Affordable Housing Credit Improvement Act (AHCIA) of 2021, has been introduced with co-sponsors in both chambers of Congress. The ...
Read More »Home Sale Prices Jump to New Highs
Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high ...
Read More »Telework Fuels the Need for Increased Housing Inventory
A steady rise in the economy will bring more buyers to the market, as sellers are cashing in on buyers seeking larger spaces to accommodate their work from home situations in the new norm.
Read More »Sprout Mortgage Taps Santos as New EVP/CIO
Henry Santos brings a strong background in the enterprise technology ecosystem to his new role with the non-QM lender.
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