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New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
Mortgage Application Activity Up by Nearly 5%
Mortgage application activity came off the Thanksgiving holiday weekend on the upswing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 4.8% on a seasonally...
New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla Corporation (NASDAQ: ETHZ), a technology company focused on bringing decentralized finance infrastructure to traditional finance, is partnering with Zippy Inc., a digital lending platform, to bring manufactured home loans on-chain as tokenized real-world...
Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
A Democratic member of the Pittsburgh City Council has proposed a 30% property tax hike to cover the city’s “budgetary gaps.” WESA reports City Councilor Barbara Warwick (D-District 5) acknowledged her proposal would not be popular with homeowners, but stressed the...
NEWS & CURRENT EVENTS
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
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Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Fewer Homebuyers Have Post-Purchase Regret
60% of boomers reported no regrets at all, compared to 45% of Gen X, 34% of millennials and 27% of Gen Zers. Continue Reading Fewer Homebuyers Have Post-Purchase Regret
Kentucky Home Sales Plummet in October
October’s median sales price of $270,000 held steady from the previous month and was up 1.9% from one year earlier. Continue Reading Kentucky Home Sales Plummet in October
Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership
“The idea that renters are young, mobile, and just passing through no longer holds true,” says Viler Lika, founder and CEO of SingleKey. Continue Reading Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership
JPMorgan Chase Allocates $40 Million for Affordable Housing Development
“We know that housing is at the root of local economic growth and homeownership is key to building generational wealth,” said JPMorgan Chase’s Tim Berry. Continue Reading JPMorgan Chase Allocates $40 Million for Affordable Housing Development
Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
There have been over 30% more sellers than buyers since April. Continue Reading Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge
The report also found 46% of sales volume was generated from repeat business and 44% from past client referrals. Continue Reading Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge
Vought Aide Nominated to Run CFPB
The agency’s leadership position has been vacant since the start of the Trump administration. Continue Reading Vought Aide Nominated to Run CFPB
NAR Supports Texas Sen. Cornyn’s Re-Election Bid
The Realtors Political Action Committee (RPAC), the political arm of the National Association of Realtors (NAR) has endorsed Sen. John Cornyn (R-TX) for re-election in 2026. According to the Odessa American, RPAC’s endorsement came at the recommendation of the...
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