The MBA reports that the downturn in mortgage rates has triggered homebuyer interest, as overall app volume has increased for the second consecutive week, and refinance activity rose 6% week-over-week.
Read More »Seizing Untapped Opportunity in Construction Lending
Not everyone who wants to build a home or invest in residential real estate can get the financing they need. Michael Isaacs of GO Mortgage examines the opportunities that exist within these scenarios.
Read More »Navigating Stormy Seas
A panel of experts assembled by MReport provides their expert insights and perspectives into what 2023 may bring to the housing market, and whether a market correction is on the horizon.
Read More »Mortgage Rates Creep Toward 7% Mark
Mortgage rates continue to force down application volume, with Freddie Mac reporting rates moving slightly upward yet again this week, adversely impacting the housing market as demand dwindles.
Read More »Residential Construction Falls 8.1% Month-Over-Month
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 »Building Generational Wealth by Lowering the FHA’s MIP
A coalition of housing industry trade groups have requested that the White House’s National Economic Council push the FHA to slash its mortgage insurance premium to put more money into the pockets of home buyers.
Read More »Six in 10 Homebuilders to Use Tech in 2022
A new survey reveals a strong sentiment around homebuilding tech adoption and its usage among those in the homebuilding space.
Read More »Home Prices Lose Steam in June
S&P CoreLogic Case-Shiller reported a deceleration in home prices nationwide, with markets in the western portion of the country reporting the most notable waning of home price growth.
Read More »Purchase Mortgage Apps Fall for Fourth Consecutive Month
The MBA reports July purchase mortgage applications for new homes dipped 16.1% year-over-year, as high prices and economic instability continue to force the nation’s home buyers to reconsider their options.
Read More »Inconsistent Mortgage Rates Dip Once Again
Following the up-and-down pattern of the 10-year Treasury, mortgage rates fell to 5.13% this week according to Freddie Mac, a week after shooting up to well above the 5% mark.
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