Real Estate Industry News & Insights
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Mortgage Delinquency Rate Remains Near Record Low
No state posted an annual increase in overall delinquency rates in February. Continue Reading Mortgage Delinquency Rate Remains Near Record Low
MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
The national PAPI rose to 171.5 in March from 168.9 in February, a record high. Continue Reading MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Housing Market Braces For Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs
Source: Forbes --- TOPLINE Though the labor market's overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which,...
This chart shows where US housing market prices are dropping the most
Source: ABC 10 News --- According to the American Enterprise Institute’s Housing Center, home prices are finally declining after 10 years of a seller’s market. The drop is the result of a marked increase in interest rates and constant quality home price appreciation,...
No place to land
Source: Deseret News --- Britta Joslyn was at a breaking point. She’d decided to move out of her house in Heber City, Utah, after a split-up. But, finding a new home proved Sisyphean. She needed to find a rental close to her children’s school that would accommodate...
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