Top Headlines
Leadership Change at Chicago Community Loan Fund
Bob Tucker will become CCLF’s next president, effective Jan. 1, 2025. Continue Reading Leadership Change at Chicago Community Loan Fund
NAR Asks Supreme Court to Review DOJ Probe
“Although a new administration is free to change the government’s policies, it is not free to repudiate the government’s contracts,” NAR said. Continue Reading NAR Asks Supreme Court to Review DOJ Probe
Tiffany Wright Named CEO at Global Real Estate Advisors
Wright comes to GREA from HFO Investment Real Estate, where she was chief operations officer. Continue Reading Tiffany Wright Named CEO at Global Real Estate Advisors
Fathom Realty Announces Settlement of Commission Lawsuits
Fathom Realty, a wholly owned subsidiary of Fathom Holdings Inc. (NASDAQ: FTHM), announced that it has reached a nationwide settlement related to claims asserted in Burnett v. The National Association of Realtors., et al. As part of the settlement, Fathom Realty will...
Terrie L. Suit Retires as CEO of Virginia Realtors
Virginia Realtors named Martin K. Johnson as its interim CEO. Continue Reading Terrie L. Suit Retires as CEO of Virginia Realtors
Citizens Trust Bank Unveils Down Payment Assistance Grant Program
Eligible borrowers can receive a maximum of $2,000 grant contribution at the residential mortgage loan closing. Continue Reading Citizens Trust Bank Unveils Down Payment Assistance Grant Program
Mortgage Rates Rise Again, Nearing the 7% Mark
Last week, the mortgage rate averaged 6.74%; one year ago at this time, it was at 6.42%. Continue Reading Mortgage Rates Rise Again, Nearing the 7% Mark
The State with the Greatest Increase in Mortgage Debt Is…
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs,” said John Kiernan, WalletHub editor. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
Mortgage Applications Down by 1.6%
Both the seasonally adjusted and unadjusted Purchase Index were 1% lower from one week earlier. Continue Reading Mortgage Applications Down by 1.6%
FHA Raises Loan Limits for Manufactured Homes
The FHA said it will recalculate the program’s loan limits on an annual basis to keep pace with changing home prices. Continue Reading FHA Raises Loan Limits for Manufactured Homes
IMBs Recorded Net Production Losses in Q4 2023
“The fourth quarter of 2023 was about as challenging as it could get for mortgage lenders to generate a production profit,” said MBA’s Marina Walsh. Continue Reading IMBs Recorded Net Production Losses in Q4 2023
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. Continue Reading Mortgage Rates Drop Again
New Click n’ Close Loan Program Aimed at Rural Markets
The new product is designed to aid homebuyers with down payment assistance, with availability in select markets. Continue Reading New Click n’ Close Loan Program Aimed at Rural Markets
Mortgage Application Activity Up 7.1%
The refinance share of mortgage activity increased to 31.6% of total applications. Continue Reading Mortgage Application Activity Up 7.1%
Mortgage Rates Dip, But Still Close to 7%
The 30-year fixed-rate mortgage averaged 6.88% as of March 7, down from last week when it averaged 6.94%. Continue Reading Mortgage Rates Dip, But Still Close to 7%
