Mortgage Industry News
Mortgage Application Activity Up 10.4%
The Refinance Index increased 11% from the previous week and was 10% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 10.4%
Anchor Loans Debuts TPO Channel
“At Anchor Loans we are obsessed with delivering exceptional customer value,” said Tim Landwehr, co-chief revenue officer. Continue Reading Anchor Loans Debuts TPO Channel
Housing Rents Drop to Lowest Level in Over a Year
The median U.S. asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Rents were up nearly...
Homebuyers’ Monthly Payments Hit All-Time High as Mortgage Rates Rise, according to Redfin Report
The typical homebuyer’s monthly payment hit a new all-time high of $2,563 this week, up 29% from $1,988 a year ago, according to a new report from Redfin, the technology-based real estate brokerage. That’s dampening demand and preventing many would-be sellers from...
Real estate comps: How to find them
Source: Yahoo! Life --- Real estate comparables — known as comps for short — are one of the most important tools used to determine how much a home is worth. Whether you’re trying to price your home for sale, buy a new one or just gauge how much home equity you’ve...
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