San Diego-headquartered Guild Mortgage (NYSE: GHLD), added a new district consisting of eight branch offices and 40 employees who were formerly with Fairway Independent Mortgage. John Lowe, formerly senior vice president and division manager at Fairway, has been named...
A total of 95,712 U.S. properties carried foreclosure filings during the first quarter of this year, according to new data from ATTOM. This is a 6% uptick from the previous quarter and a 22% spike from one year ago. Nationwide, one in every 1,459 housing units had a...
Fewer people were applying for mortgages last week, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Market Composite Index, a measure of mortgage loan application volume, was down by 8.8% on a seasonally adjusted basis from one...
California’s statewide median home price recorded its first month-to-month increase in seven months, according to new data from the California Association of Realtors (CAR). The median home price grew from February’s $735,480 to $791,490, a 7.6% upswing....
More than half of millennials and Gen Zers are under the belief they will only way be able afford to buy a home if they win a lottery. According to a new survey by Zillow Group (NASDAQ:ZG), 52% of Gen Zers and 57% of millennials who are not homeowners stated they...
Last month’s median U.S. home price fell 3.3% year-over-year to $400,528, the largest year-over-year drop since 2012, according to new data from Redfin (NASDAQ:RDFN). Redfin noted that much of the decline was fueled by the “pandemic boomtowns and pricey Bay Area...