A week after bottoming out to a four-month-low, mortgage rates jumped back upward this week, climbing to 5.22% despite continued correction in the housing space.
Read More »Share of Homes Listed More Than 30 Days Increases
The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year earlier, according to a ...
Read More »Fixer-Uppers Offer Path to Homeownership
Buying a fixer-upper remains a viable option for many buyers trying to stretch their dollar in the current environment of still-rising home prices, bidding wars, low inventory and ...
Read More »Drop in Rates Brings Slight Rise in App Volume
Despite a four-month low reported in mortgage rates, overall application volume rose just 0.2% week-over-week, with a decline in purchase activity offset by an increase in refis.
Read More »The New Hiring Landscape
Dave Robertson of Guild Mortgage discusses hiring, retention, and how mortgage companies must work to set themselves apart in order to attract the talent they need.
Read More »Credit Availability at Lowest Level Since 2013
“Credit availability fell last month to the lowest level since May 2013, as lenders streamlined their loan offerings in this declining volume environment,” said Joel Kan, MBA’s Associate VP of Economic and Industry Forecasting.
Read More »Housing Inventory Climbs for Third Consecutive Month
Realtor.com reports that the inventory of for-sale homes increased across the 50 largest metros by 41% in July.
Read More »Authentic Alignment
Paul Gigliotti of Pinnacle Home Loans and Axis Lending Academy tells MReport how millennials are transforming the workforce and why modern candidates are seeking more intangible qualities than a paycheck and benefits package.
Read More »Summer 2022 Examined: Top 20 Emerging Housing Markets
With inflation at a 41-year high, mortgage rates at levels not seen in over a decade, and both home prices and rents at record highs, many Americans are feeling rising financial strains this summer, which continue to ripple throughout the housing market.
Read More »GSE Survey: Homebuyer Confidence Continues to Wane
A new survey from Fannie Mae finds that homebuying confidence has fallen for the majority of the year.
Read More »