Housing inventory also seeing increases as purchase applications are up 13% when compared to June 2019.
Read More »Financial Services Committee Looks to Reverse Ruling to CRA
The push is led by Chairwoman Maxine Waters, who said the former Comptroller of the Currency “rushed out a harmful rule.” Click through to read more.
Read More »Newly-Pending Home Sales up 28% Monthly
The average home price is now over $330,000, but inventory remains a concern. Click through for more information.
Read More »Mortgage Rates Increase Slightly
Freddie Mac says the increased homebuyer demand comes from prospective buyers with higher incomes.
Read More »Lenders’ Outlook Remain Positive
Click through to see how many surveyed believe profits will increase moving forward.
Read More »Home Flipping Represents Growing Share of Home Sales
Analysis of the report says the flipping has “gradually taken up a larger portion” of the housing market. Click through for more information.
Read More »The Federal Reserve to Increase Holdings of MBS
The statement from the FOMC said it would continue this plan “at least at the current pace” to ensure the market functions smoothly.
Read More »Purchase Applications Rise for Eighth Straight Week
Total mortgage activity increased more than 9% and analysis credits the gains to states reopening their economies and low mortgage rates.
Read More »Best Markets For Millennials During Pandemic
Common factors each city shares is improved affordability and available inventory. Which metros made the list?
Read More »Q1 One of ‘the Strongest Quarters’ For Mortgage Performance
While the delinquency rate fell to 3.6%, analysis forecasts for “more widespread impact” on the delinquency rate from economic factors.
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