Source: Scotsman Guide — Another company is testing the waters of cryptocurrency within the real estate lending realm as Miami-based digital bank Milo announced a new crypto mortgage product. Touting “the world’s first crypto mortgage offering,” Milo said that...
Source: Housing Wire — Mortgage applications increased 2.3% from the previous week, largely due to a strong purchase market, according to the Mortgage Bankers Association (MBA) survey for the week ending Jan. 14. The seasonally adjusted Purchase Index rose 7.9%...
Source: Deseret News — When it comes to middle housing, you’ve got to have style. So says the latest report from the Utah Foundation, an independent research group, that shows in new surveys that 72% of respondents say “style is the most important factor in...
Source: Redfin News — Nationwide, 59.6% of home offers written by Redfin agents faced bidding wars in December 2021, the lowest share in 12 months. That’s down from a revised rate of 61.3% in November, but up from 54% in December 2020. An offer is considered...
Source: CNBC — Builders in the single-family housing market are facing growing expenses, which is causing a turnaround in sentiment to start the year. Builder confidence fell one point to 83 in January, according to the National Association of Home Builders...