The CFPB, Federal Reserve Board, and OCC have jointly launched new thresholds for smaller loan exemption from appraisal requirements for higher-priced mortgage loans for 2024.
Read More »Is Now an Ideal Time to Buy a Home?
Redfin analysts weigh a number of variables playing into potential homebuyers’ decision-making process and reveal why now may be the best time to pursue the American dream of homeownership.
Read More »Mortgage Rates Close in on the 7% Mark
Nearing levels last recorded in November 2022, Freddie Mac reports the fixed-rate mortgage rose 15 basis points week-over-week and edged closer to the 7%-mark.
Read More »FHA and VA Purchase Apps on the Rise
Despite mortgage rates reaching their highest levels since November 2022, overall app volume rose week-over-week, led by an increase in both FHA and VA purchase applications.
Read More »Prices Leaving More ‘Unable or Unwilling’ to Buy a Home
S&P CoreLogic Case-Shiller reports steady acceleration in U.S. home prices to close out Q1, a period that presented some of the most competitive market conditions since the start of the pandemic.
Read More »The Cost of Quality
Sara Knochel of Candor Technology explains how a strong technology partner can help make or break a lender’s future in the mortgage industry.
Read More »What’s Going to Happen to Housing?
In an exclusive chat with MReport, Fannie Mae Chief Economist Doug Duncan dissects the elements creating the supply/demand imbalance in housing, and what solutions may lie ahead to remedy the situation.
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