Featured Real Estate News
Mortgage Application Activity Surges by 11%
Mortgage application activity enjoyed a vigorous upswing during the week ending Feb. 27, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally...
Mortgage Application Activity Surges by 11%
The FHA share of total applications decreased to 15.8% from 16.1% the week prior. Continue Reading Mortgage Application Activity Surges by 11%
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The multifamily property developer Thompson Thrift announced plans for Revere, a Class A multifamily community in the Indianapolis suburb of Westfield. Located at the intersection of US 31 and E 191st Street, the 23-acre community will feature 350 apartment homes in...
Report: 53% of All Homes Lost Value Since Last Year
A new data report from Zillow (NASDAQ: Z, ZG) has determined that 53% of all US homes have lost value since last year, marking the largest share since 2012. However, the news isn’t entirely bad. Zillow also noted most homeowners have seen their home values rise...
New Home Purchase Mortgage Applications Down in October
Mortgage applications for new home purchases during October were down by 2.6% from one year earlier and were down by 1% from one month earlier, according to data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running...
News & Current Events
New Forecast Predicts 14% Spike in Existing Home Sales During 2026
“As we go into next year, the mortgage rate will be a little bit better,” said Chief Economist Lawrence Yun. Continue Reading New Forecast Predicts 14% Spike in Existing Home Sales During 2026
Report: White House Officials Tried to Get Pulte Fired
“Trump has resisted, telling confidants he appreciates Pulte’s loyalty,” the report said. Continue Reading Report: White House Officials Tried to Get Pulte Fired
Canadian Home Sales Up, Prices Down in October
There were 189,000 properties listed for sale on all Canadian MLS Systems at the end of last month, up 7.2% from October 2024. Continue Reading Canadian Home Sales Up, Prices Down in October
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Teresa Carlile Named President at Ridgeland Mortgage
Carlile was previously operations manager for business insurance at Travelers. Continue Reading Teresa Carlile Named President at Ridgeland Mortgage
FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration
Thompson was sworn in on June 22, 2022. Continue Reading FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration
Update: Death Toll in Los Angeles Wildfires Rises to 10; 9,000 Homes Destroyed
Los Angeles Mayor Karen Bass’ leadership during the crisis created a controversy. Continue Reading Update: Death Toll in Los Angeles Wildfires Rises to 10; 9,000 Homes Destroyed
Housing Crisis 2025: John G. Stevens’ Perspective
“As we move further into 2025, the stakes have never been higher,” says publisher John G. Stevens. Continue Reading Housing Crisis 2025: John G. Stevens’ Perspective
Mortgage Rates Inch Closer to 7% Level
The 30-year fixed-rate mortgage averaged 6.93% as of Jan. 9. Continue Reading Mortgage Rates Inch Closer to 7% Level
New Study Details Artificial Intelligence Practices in the Real Estate Sector
The respondents cited document abstraction as the business area with the greatest potential for AI impact. Continue Reading New Study Details Artificial Intelligence Practices in the Real Estate Sector
Survey: Half of Retirees Worry They’ll Outlive Their Savings
Nearly half of retirees said their home is the only thing allowing them to have a comfortable retirement. Continue Reading Survey: Half of Retirees Worry They’ll Outlive Their Savings
Ally Financial to End Mortgage Originations
The digital-only bank’s layoffs will affect less than 5% of its workforce. Continue Reading Ally Financial to End Mortgage Originations
The Mortgage Firm Settles Federal Charges of Redlining
The Mortgage Firm was accused by the DOJ of violating the Fair Housing Act and Equal Credit Opportunity Act. Continue Reading The Mortgage Firm Settles Federal Charges of Redlining