As mortgage rates exceed the 5% mark, mortgage application volume continues to slide downward, falling 8.3% over last week’s totals.
Read More »Home Improvement Expenses to Expand Nearly $450B by 2023
According to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, expenses for improvements ...
Read More »Housing Affordability and Availability Remain Top of Mind
One thousand people took part in Fannie Mae’s third quarter 2021 National Housing Survey and reported back that affordability and remote work are still very much important to members ...
Read More »Changes in the loanDepot C-Suite
Company Founder Anthony Hsieh steps back to serve as Executive Chairman, as industry vet Frank Martell assumes the newly created role of President and CEO.
Read More »New Home Sales Dip in March
Following a drop in existing-home sales in March, new home sales fell 8.6% below February rate amid rising rates and inflationary concerns.
Read More »Buyer Demand Slips, Showing Signs of Market Cooldown
According to a new report from Redfin, homebuyer demand softened further over the last several weeks, as a typical slump in buying and selling over Easter and Passover ...
Read More »Housing Market Begins to Adjust to Current Conditions
First American Financial Corporation released the February 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted ...
Read More »Interest Rates are Up, Will Home Prices Drop?
In March, the U.S. Federal Reserve increased interest rates by a quarter of a point to address rising inflation and a litany of other economic problems stemming from ...
Read More »EPM Announces New Chief of Staff and Chief People Officer
Nationwide mortgage lender welcomes back Eric Skates as Chief People Officer and announces the promotion of Shalanda Dixon as Chief of Staff.
Read More »Closing Costs Keep Pace With Home Prices and Purchase Volumes
CoreLogic’s ClosingCorp has released its most recent Purchase Mortgage Closing Cost Report, showing the national average for mortgage closing costs for a single-family property in 2021 was $6,905, ...
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