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Mortgage rate locks tumble amid sharp rate rise

Mortgage rate locks tumble amid sharp rate rise

by Third Party | May 10, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Housing Wire —  Fewer buyers rushed to lock mortgages last month amid a rapid climb in long-term mortgage rates, reflecting home affordability concerns, reports from Mortgage Capital Trading and Black Knight showed. Total mortgage rate locks by dollar...
MILLENNIAL BUYERS VS. HOUSING MARKET: THE STRUGGLE TO FIND A HOME

MILLENNIAL BUYERS VS. HOUSING MARKET: THE STRUGGLE TO FIND A HOME

by Third Party | May 9, 2022 | Industry Updates, Real Estate News

Source: RisMedia —  The National Association of REALTORS® (NAR) has recently completed its long-running “Generational Trends” survey to provide intriguing information on the trends impacting home buyers and sellers by generation. Seeing how different generations...
Why Some Rate Quotes Are So Different And Why “Points” Are On The Rise

Why Some Rate Quotes Are So Different And Why “Points” Are On The Rise

by Third Party | May 9, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Mortgage News Daily —  It was yet another tough week for the mortgage market with rates rising to their highest levels since 2009, but how high have they actually risen? There’s a correct answer and then there’s the answer that can be gleaned from...
TO BEST SERVE CONSUMERS, REALTORS® MUST HAVE THEIR OWN FINANCIAL HOUSE IN ORDER

TO BEST SERVE CONSUMERS, REALTORS® MUST HAVE THEIR OWN FINANCIAL HOUSE IN ORDER

by Third Party | May 9, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: RisMedia —  A quick look at the U.S. housing market earlier this winter indicated some cooling from the early days of the pandemic. In February, the National Association of REALTORS® (NAR) reported that existing home sales were down 7.2%. This came on...
NAHB Announces Best of 55+ Builder of the Year and For-Sale Community of the Year

NAHB Announces Best of 55+ Builder of the Year and For-Sale Community of the Year

by Third Party | May 9, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: NAHB —  As part of The Nationals awards program, NAHB named Traditions of America in Berwyn, Pa., the Builder of the Year and Trilogy® in Country Pointe Plainview Madison in Plainview, N.Y., the For-Sale Community. The awards were presented during the...
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