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Woman at Center of North Carolina Deed Theft Case Continuing Her Scams

Woman at Center of North Carolina Deed Theft Case Continuing Her Scams

by Phil Hall | Nov 27, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

A woman who gained notoriety for attempting a deed theft scam on the mansion of a dentist in Raleigh, North Carolina, has obviously not learned any lessons from her miscreant shenanigans. WRAL reported that Dawn Mangum was arrested and charged with felony last...
Mortgage Rates Stay Flat Ahead of Holiday Weekend

Mortgage Rates Stay Flat Ahead of Holiday Weekend

by Phil Hall | Nov 27, 2024 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage rates remained flat ahead of the Thanksgiving holiday weekend, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of Nov. 27, down from last week when it averaged 6.84%. A...
Diana Whitmire Named Chief Operations Officer at Diamond Residential Mortgage Corp.

Diana Whitmire Named Chief Operations Officer at Diamond Residential Mortgage Corp.

by Phil Hall | Nov 27, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Lake Forest, Illinois-based Diamond Residential Mortgage Corp. (DRMC) has promoted Diana Whitmire to chief operations officer. Whitmire has been with DRMC since its inception in 2009 and has served as senior vice president of compliance and quality control since 2021....
Pending Home Sales Up for Third Straight Month

Pending Home Sales Up for Third Straight Month

by Phil Hall | Nov 27, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, Uncategorized, WRE News Exclusive

Pending home sales during October marked the third consecutive month of upward movement, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s indicator of home sales based on contract signings, rose by 2.0%...
Mortgage Application Activity Rises by 6.3%

Mortgage Application Activity Rises by 6.3%

by Phil Hall | Nov 27, 2024 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise in new data from the Mortgage Bankers Association (MBA) covering the week ending Nov. 22. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 6.3% on a seasonally adjusted basis from one...
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