Origination

The number of climate-disaster damage is on the rise according to WalletHub's latest market report. The report examines which states are most impacted by natural disasters, with Hurricane Ian now projected to have done as much as $57 billion in damage to Florida and South Carolina.

New data from Black Knight, Inc. has found that most mortgages have a rate below 5%, which reflects current drops in refinance activity, as well as cash-out and rate/term locks.

Paul C. Hammann joins Agents National Title as Pacific Northwest Agency Manager and the company also names Kara Elgin as Central States Underwriting Counsel.

According to Fannie Mae's Home Purchase Index, the percentage of Americans that believe now is a good time to buy a home decreased alongside those who expect mortgage rates to go down in the next year. Meanwhile, the percentage who say it is a bad time to buy increased to 75%.

Walmart-based mortgage branches, powered by Lenders One members, will offer prospective homebuyers access to mortgage origination solutions within their local communities.

While home prices remain elevated due to low supply, mortgage rates shot up to a 15-year high resulting in homebuyers losing nearly 30% of their purchasing power since rates reached their lowest point in 2021.

More and more young adults are shattering misconceptions about modular and manufactured housing as many pursue these options to secure housing in an otherwise unaffordable market.

New data from Redfin's latest market report showed that homebuyers’ down payments doubled during the pandemic, and despite September revealing a slight decline from their peak in June, competition and increasing home prices continue to make it difficult for prospective buyers to afford homes.

Despite ongoing discussion of impending recession, a new survey found that Americans’ concerns are more focused on housing costs, with home prices up 14% year-over-year.

October and the winter months provide buyers the best discounts, according to a new report from ATTOM.