Current News & Events
Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Production Profits Plummet for Independent Mortgage Banks
“For the first time since the inception of MBA’s report in 2008, net production income was in the red in 2022, with losses averaging 13 basis points,” said MBA’s Marina Walsh. Continue Reading Production Profits Plummet for Independent Mortgage Banks
$339.8 Billion Collected in U.S. Single-Family Home Property Taxes in 2022
The states with the highest effective property tax rates in 2022 were New Jersey (1.79%), Illinois (1.78%), Connecticut (1.57%), Vermont (1.43%) and Nebraska (1.36%). Continue Reading $339.8 Billion Collected in U.S. Single-Family Home Property Taxes in 2022
Will Continued Financial Stress on Americans Drive Down Home Sales?
A study published in February by PYMNTS determined that 62% of American adults are living a paycheck-to-paycheck existence. Continue Reading Will Continued Financial Stress on Americans Drive Down Home Sales?
Mortgage Applications Down 4.1%
“Spring has arrived, but the housing market is missing the customary burst in listings and purchase activity that typically mark the season,” said MBA Chief Economist Mike Fratantoni. Continue Reading Mortgage Applications Down 4.1%
Study: LGBTQ and BIPOC Buyers Face Greatest Obstacles to Homeownership
Realtor.com also found that LGBTQ+ and BIPOC buyers are 1.7 times more likely to have been denied mortgages two or more times. Continue Reading Study: LGBTQ and BIPOC Buyers Face Greatest Obstacles to Homeownership
DoubleLine Debuts Two Real Estate-Focused ETFs
“We are pleased to deliver these two unique exchange-traded funds to the marketplace as DoubleLine continues to broaden our ETF offerings to our valued clients,” said DoubleLine President Ron Redell. Continue Reading DoubleLine Debuts Two Real Estate-Focused ETFs
New Platform Details Commercial and Retail Properties for Lease and Sale
According to ICSC, the new platform aggregates information from 15 distinct data sources. Continue Reading New Platform Details Commercial and Retail Properties for Lease and Sale
Sales and Prices Up in Toronto’s Housing Market
“As population growth continues at a record pace on the back of immigration, first-time buying intentions will remain strong,” said TRREB CEO John DiMichele. Continue Reading Sales and Prices Up in Toronto’s Housing Market
Person of the Week: Mark Calabria on Running the FHFA During the Pandemic
“I don’t think there are enough books about problems actually averted – hence the title,” said Calabria. Continue Reading Person of the Week: Mark Calabria on Running the FHFA During the Pandemic
Can a Pizza Oven Boost a Home’s Sales Price?
But some amenities may have the opposite effect on sales. Continue Reading Can a Pizza Oven Boost a Home’s Sales Price?
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