Tag Archives: Employment

With mortgage rates hitting a 23-year high and worsening affordability continuing to hamper potential homebuyers and renters nationwide, multigenerational households are becoming much more common, according to a new RentCafe report. Here’s what else the report reveals.

As the nationwide homeownership rate sits at nearly 70%, a new study from PropertyShark revealed which economic factors continue to impact U.S. rates. Percentages in coastal and southern states have seen a sharper decline compared to states like New York or California.

A deceleration in inflation has sent mortgage rates tumbling for the fifth consecutive week, pushing mortgage apps upward to launch the spring homebuying season.

As mortgage rates remain in the 7% range, app volume fell slightly this week, with the refinance share of volume hitting a low last seen in August of 2000.

With mortgage rates jumping for four consecutive weeks, overall mortgage application volume continues to suffer, dropping 6.3% over the previous week.

Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.

For mortgage professionals, the decision to switch companies must be accompanied by an understanding of what you’re looking for.

Representatives of Churchill Mortgage, Embrace Home Loans, Homespire Mortgage, Inlanta Mortgage, SitusAMC, and more discuss with MReport the best practices for finding, recruiting, and retaining the right talent.

After unemployment claims dropped week over week, housing experts weigh in on the new data.

With employment on the upswing, here's why one expert says a housing crisis is unlikely.