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Mortgage Application Activity Up 12.5%

Mortgage Application Activity Up 12.5%

by Phil Hall | Jun 11, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

After three weeks of declining activity, a new boost of mortgage applications occurred during the week ending Jun 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
Canada’s RARE Real Estate Expands Into US Market

Canada’s RARE Real Estate Expands Into US Market

by Phil Hall | Jun 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Canadian brokerage RARE Real Estate has expanded into the US with the launch of operations in South Florida. The company has generated over $4.5 billion in sales in just under four years, and it became a household name through the Amazon Prime series “Luxe...
Mortgage Credit Availability at Highest Level in Nearly 3 Years

Mortgage Credit Availability at Highest Level in Nearly 3 Years

by Phil Hall | Jun 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability was on the rise during May, according to the Mortgage Credit Availability Index (MCAI) data published by the Mortgage Bankers Association (MBA). The MCAI rose by 2.1% to 105.1 in May; the index was benchmarked to 100 in March 2012. The...
Tech Trends: Efficiency Improving Platforms

Tech Trends: Efficiency Improving Platforms

by Phil Hall | Jun 10, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

This week, Tech Trends highlights four platforms designed to improve the lives of homebuyers, real estate agents and roofing professionals. Introducing Visibl. Santa Ana, California-based Visbl, a fintech platform for borrowers seeking mortgages, has announced its...
Foreclosure Activity Down Slightly in May

Foreclosure Activity Down Slightly in May

by Phil Hall | Jun 10, 2025 | Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 35,498 residential properties had foreclosure filings in May, according to new data from ATTOM. That level marked a 1% decline from April, but it was also a 9% uptick from May 2024. Nationwide, one in every 4,009 housing units had a foreclosure filing last...
California Program to Offer Mortgage Relief to Disaster Victims

California Program to Offer Mortgage Relief to Disaster Victims

by Phil Hall | Jun 9, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California is rolling out the CalAssist Mortgage Fund on June 12, which will allocate grants up to homeowners whose homes were destroyed or left uninhabitable in recent fire, floods, and other disasters that occurred between January 2023 and January 2025. The new...
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