Overall mortgage application volume dipped yet again this week, falling 1.2% week-over-week according to the MBA, with rates edging near the 6%-mark and forcing more homebuyers to the sidelines.
Read More »Report: Market Downturn Won’t Yield 2008 Market Crash Results
Brace has observed in its latest Mortgage Servicing Pulse that changes in Servicing regulations following the Great Recession, coupled with accelerated digital adoption during the Covid pandemic, have ...
Read More »Mortgage Credit Availability Falls in August
As investors continue to reduce their offerings of ARM and non-QM loan programs and with overall origination volume forecast to constrict, the MBA found mortgage credit availability on the decline once again in August.
Read More »Lock Volume Plummets Nationwide on Rising Rates
Black Knight, Inc. has announced the release of its latest Originations Market Monitor report, looking at mortgage origination data through August month-end. Leveraging daily rate lock data from the Black Knight Optimal ...
Read More »Recession Perception Increasingly Affecting Homebuyers
In order to better understand the sentiment and experiences of buyers, sellers, and renters currently on the market for homes, the Realtor.com Economics team has conducted a randomized ...
Read More »Market Trends: Where’s the Best State to Retire?
Retirement often brings a slower pace of life, and choosing where to settle down can be a great decision. For this study, Bankrate considered some of soon-to-be retirees ...
Read More »Mortgage Rates Jump to 14-Year High
Mortgage rates jumped 23 basis points week-over-week, hitting a high mark last seen in late 2008, as heightened inflationary concerns are pushing more prospective buyers back to the sidelines.
Read More »New Home Listings Down Nearly 30% YoY
HouseCanary, Inc. has released its latest monthly Market Pulse report, covering 22 listing-derived metrics and comparing data between August 2021 and August 2022, which found that the housing market ...
Read More »Women in Housing: Giving Back to the Community
Among those to be recognized during the upcoming Women in Housing Leadership Awards Luncheon, the Corporate Social Responsibility Award winner will be honored for giving back to the community and enacting positive change.
Read More »House-Hunting Process Wearing on Renters
According to a new Zillow report, finding and landing a rental is stressing Americans out nationwide. The typical monthly rent in the U.S. has soared to a record ...
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