Current News & Events
Purchase Activity Fuels Mortgage Application Uptick
The FHA share of total applications increased to 17.1% from 15.8% the week prior. Continue Reading Purchase Activity Fuels Mortgage Application Uptick
FICO Rolls Out Portfolio Benchmarking Tools for Lenders
The new platform’s suite of tools enables financial institutions to analyze benchmarking data and simulate the impact of alternative data strategies on portfolio outcomes. Continue Reading FICO Rolls Out Portfolio Benchmarking Tools for Lenders
New Listings in Canada Up 11%
The non-seasonally adjusted national average home price was $670,064 last month. Continue Reading New Listings in Canada Up 11%
Nada Debuts US Home Equity Fund I
The fund is available on Homeshares, Nada’s newly launched investment platform. Continue Reading Nada Debuts US Home Equity Fund I
Builder Confidence Declines Amid Tariff and Housing Cost Concerns
February’s reading is the lowest level for the HMI in five months. Continue Reading Builder Confidence Declines Amid Tariff and Housing Cost Concerns
Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales
Prior to the pandemic, the share of all-cash sales ranged from 25% to 30%. Continue Reading Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales
Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
Homebuyers with a Rocket mortgage earn 10% back on the last 12 months of rental payments Continue Reading Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste
The X account launched yesterday and generated 34,000 followers within 24 hours. Continue Reading HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste
Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros
Pittsburgh and Detroit were the exceptions to the rule. Continue Reading Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros
Former Hospital Site in New Jersey to Become Mixed-Use Development
The development will also feature more than 70,000 square feet of retail and commercial space. Continue Reading Former Hospital Site in New Jersey to Become Mixed-Use Development
Final Offer Acquires Off-Market Listing Resource Private Collection
The financial terms of the deal were not disclosed. Continue Reading Final Offer Acquires Off-Market Listing Resource Private Collection
Australia Cuts Rates for First Time in Over 4 Years
The Reserve Bank of Australia announced the benchmark interest rate will be reduced by 25 basis points to 4.10%. Continue Reading Australia Cuts Rates for First Time in Over 4 Years
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