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New Home Mortgage Applications Dip 10.6 Percent in April

New Home Mortgage Applications Dip 10.6 Percent in April

by Third Party | May 25, 2022 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News

Source: World Property Journal —  Based on the Mortgage Bankers Association’s latest Builder Application Survey data for April 2022, U.S. mortgage applications for new home purchases decreased 10.6 percent compared to a year ago. Compared to March 2022,...
How AI is Revolutionizing the Real Estate Market

How AI is Revolutionizing the Real Estate Market

by Third Party | May 24, 2022 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News

Source: Realty Biz News —  Time marches on, and so does the sophistication of the technologies we use in our everyday lives like AI. Whether they’re for personal use or those we leverage in our professional endeavors, new software technologies like artificial...
The housing market boom has at least another year to run, Zillow economists predict

The housing market boom has at least another year to run, Zillow economists predict

by Third Party | May 24, 2022 | Current News & Events, Mortgage Information, Real Estate News

Source: Yahoo Finance —  The data is clear: The pandemic housing boom—which has seen U.S. home prices soar 19.8% over the past year—is finally losing some steam. What’s going on? Soaring mortgage rates, which have climbed from 3.11% to 5.25% over the past...
Buying a Dream Home? In This Market? For Some Buyers, a Remodel or Teardown Makes More Sense

Buying a Dream Home? In This Market? For Some Buyers, a Remodel or Teardown Makes More Sense

by Third Party | May 24, 2022 | Real Estate Agent Tools, Real Estate News

Source: WSJ —  Struggling to find your dream home? Join the club. If you can’t find the right home in the right location, a teardown might be a viable option. You can also buy a home in need of some love and then remodel it. How to choose? Even with rising...
How Fannie Mae is creating new opportunities for homeownership

How Fannie Mae is creating new opportunities for homeownership

by Third Party | May 24, 2022 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News

Source: Housing Wire —  Fannie Mae recently released its National Housing Survey, which revealed that consumers, in general, still believe that owning a home is better than renting. HousingWire Content Solutions Managing Maleesa Smith and Katrina Jones, Fannie...
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