Real Estate Industry News & Insights
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Mortgage Application Activity Up 5.3%
The Refinance Index inched up by a scant 0.1% from the previous week. Continue Reading Mortgage Application Activity Up 5.3%
BNC National Bank Sells Its Mortgage Division
BNC Chairman Michael Vekich said this was in the “best long-term interests of BNC Bank, BNCC’s shareholders, and the communities we serve.” Continue Reading BNC National Bank Sells Its Mortgage Division
As mortgage rates hit 20 year high, Tampa Bay housing market braces for a cool down
Source: Tampa Bay Times --- A home-buying frenzy triggered by historically low mortgage rates helped elevate Tampa Bay from a hidden gem to a real estate hot spot over the past two years. But now that rates have shot back up, experts say buyers are finally hitting the...
U.S. Home Price Insights – November 2022
Source: CoreLogic --- Through September 2022 with Forecasts through September 2023 Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through September 2022 with forecasts through September...
The Housing Market Is Worse Than You Think
Source: The New York Times --- Buyers, sellers and renters are in for more twists and turns, as soaring mortgage rates and stubborn inflation signal belt tightening ahead. Everyone is feeling the squeeze. “Mortgage rates are sky high, prices are sky high, and there’s...
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