S&P CoreLogic Case-Shiller reported a deceleration in home prices nationwide, with markets in the western portion of the country reporting the most notable waning of home price growth.
Read More »More Affluent Buyers Turning to ARMs
An erratic mortgage rate market has not necessarily been a “farewell to ARMs,” as Zillow reports the share of ARM apps hit a 15-year high point, comprised primarily of those making nearly $75,000 more than the average borrower.
Read More »Homebuyers Compromise Priorities, Persevere Through Challenging Market
American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to ...
Read More »New Listings Experience Biggest Annual Decline Since Pandemic Onset
Would-be sellers are becoming more reluctant to list their homes as surging prices begin to come down. With fewer new listings, buyers’ bargaining power is reaching its limit ...
Read More »Buyers Endure Significant Stress While Acquiring a Home
The newest national survey of new homeowners commissioned by U.S News & World 360 Report Reviews found that a majority of new homeowners who purchased a home since the ...
Read More »DocMagic Earns Back-to-Back Spot on Inc. 5000 List
DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that it has again made Inc. 5000’s list of fastest-growing private ...
Read More »Overcoming Housing Affordability Hurdles
Cake Mortgage CEO David Abelyan shares his perspective on what needs to be done in the market to help alleviate the affordability issue, and what products are ideal to assist first-time buyers.
Read More »Homebuyer Affordability Improves for Black, Hispanic Households
Affordability improved for the second straight month in July as the typical homebuyer’s mortgage payment fell slightly, while moderating home-price growth could motivate buyers who've halted their home search to return in coming months. Click here to see more details of MBA's latest Purchase Applications Payment Index.
Read More »Erratic Mortgage Rates Jump Back Upward
After falling back toward the 5%-mark, Freddie Mac reports that mortgage rates rose more than 40-basis points this week, as continued slowdown in economic growth weighs on the housing market.
Read More »Refinance Activity Sinks Amid Rising Rates
Refinance lending sunk 36% in the second quarter, mainly caused by rising rates. Click through to see the latest numbers and get insights from ATTOM’s Rick Sharga on the news.
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