Single-family starts in 2022 are projected to hit an 11-year low, as builder confidence falls to its lowest level in more than a decade.
Read More »Refi Volume Slips 86% Year-Over-Year
As fixed-rate mortgages continue to edge toward 7%, the MBA reports refinance volume has dropped off nearly 90% from last year’s totals, as both refinancing and home purchase apps declined and fell further behind last year’s record levels.
Read More »Natural Disasters: Which States Are Being Hardest Hit Economically?
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.
Read More »After Giant Leap, Mortgage Rates Cool Slightly
On the heels of the Fed’s rate hike, mortgage rates edged near the 7% mark last week but trended back downward this week amid ongoing economic uncertainty.
Read More »Wells Fargo Contributes $1M in Hurricane Relief for Florida
Wells Fargo has announced their donation of $1 million from the Wells Fargo Foundation to aid four statewide organizations providing urgent relief in Florida following the aftermath of ...
Read More »