Amid larger macroeconomic uncertainties, the total homeownership rate can be attributed to the strong growth in the below-median income homeownership rate, which has sharply increased since 2016.
Read More »Home Builder Confidence Shifts Into Positive Territory
For the first time in nearly 11 months, solid demand, a lack of existing inventory, and an improvement in supply chain efficiency have all contributed to an uptick in home builder confidence nationwide.
Read More »Recognizing the Industry’s Most Distinguished Women Leaders
Nominations have opened for the 2023 Women in Housing Leadership Awards, set to be presented this September at the 20th Annual Five Star Conference and Expo at the Hyatt Regency in Dallas, Texas.
Read More »The Week Ahead: Keeping Score on the Path to Homeownership
FICO will host its “Score a Better Future” educational webinar to provide consumers with the knowledge and tools to gain better insight into their financial health along the road to homeownership.
Read More »Lamont Watson Named Guild Mortgage’s VP of Diverse Talent Development
The newly established position is part of Guild Mortgage’s initiative to foster a more inclusive workplace environment and empower diversity in its workforce.
Read More »Mortgage Rates Fall for Second Consecutive Week
Freddie Mac reports that anticipated Federal Reserve rate hikes forced the 30-year fixed-rate mortgage downward yet again, leading to a slight rise in overall application activity.
Read More »Lakefront Property Listings Surge $6B Since February
If you are looking for a home for summers or a permanent residence, now may be the time to get into the market, as the number of listings on lakes has jumped dramatically this year.
Read More »Guild Mortgage Introduces 1% Down Payment Program
In today’s real estate market, every dollar counts, especially for low- to moderate-income homebuyers. Guild Mortgage’s new product buys down the mortgage interest rate for the first year and only requires a 1% down payment.
Read More »Refi Demand Falls 40% Behind Last Year’s Pace
Despite a rise in overall mortgage apps week-over-week, the MBA reports that mortgage rates are a percentage point higher than a year ago, and when combined with low for-sale inventory, is constraining home buying activity in many markets.
Read More »New Lock Data Reveals Strong Downturn in May MoM
According to Mortgage Capital Trading, rate/term refinance volume was down 21.88%, cash-out refinance volume was down 21.77%, and lock activity in total was down 15.87% in total compared to April.
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