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The Housing Market Is Showing Signs of a Correction: What This Means for Buyers and Sellers

The Housing Market Is Showing Signs of a Correction: What This Means for Buyers and Sellers

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

Source: Realtor —  Cracks are beginning to appear in the red-hot housing market. Spiraling mortgage rates on top of record-high and still-rising home prices are leading many experts to predict the real estate market is on the verge of a correction—if it isn’t...
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 | Industry Updates, Mortgage Information, News/Current Events, 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 | Industry Updates, Mortgage Information, News/Current Events, 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 | Mortgage Information, News/Current Events, 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...
How Fannie Mae is creating new opportunities for homeownership

How Fannie Mae is creating new opportunities for homeownership

by Third Party | May 24, 2022 | Industry Updates, Mortgage Information, News/Current Events, 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...
Single Family Rental Returns Dip in Early 2022

Single Family Rental Returns Dip in Early 2022

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

Source: World Property Journal —  According to ATTOM’s latest Single-Family Rental Market report, profit margins on 3-bedroom single-family home rentals are declining annually in 2022 across most of the United States, and are slightly more likely to...
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