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Mortgage Applications on New Home Purchases Up 8.5% from Last Year

Mortgage Applications on New Home Purchases Up 8.5% from Last Year

by Phil Hall | Jul 17, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases increased 8.5% year-over-year in June, although applications were also down 4% from May. According to new data from the Mortgage Bankers Association, new single-family home sales were running at a seasonally adjusted annual...
Zillow Unveils 5 New Features to Improve User Friendliness

Zillow Unveils 5 New Features to Improve User Friendliness

by Phil Hall | Jul 15, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Zillow (NASDAQ: Z, ZG) has unveiled five new features on its platform designed to improve the user friendliness in the homebuying, selling and renting processes. The new features include the following: SkyTour: Available on eligible Zillow Showcase listings, the tool...
Report: Large Banks Originating More ARMs

Report: Large Banks Originating More ARMs

by Phil Hall | Jul 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Adjustable-rate mortgages (ARMs) have gained in popularity among borrowers seeking home loans from large banks, according to a new data report from the Federal Reserve Bank of Philadelphia. Conventional ARMs accounted for 25.1% of large bank first mortgage...
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans

A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans

by Phil Hall | Jul 9, 2025 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Federal Housing Finance Agency (FHFA) Director Bill Pulte took a break yesterday from his endless and emetic harassment of Federal Reserve Chairman Jerome Powell to make an announcement framed in the manner one associates with news of life-saving...
Gannett in Partnership to Bring Real Estate Listings Across USA Today Network

Gannett in Partnership to Bring Real Estate Listings Across USA Today Network

by Phil Hall | Jul 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The media giant Gannett Co. Inc. (NYSE: GCI) announced a multi-year agreement with AddressUSA to power an online real estate portal across the USA Today Network. AddressUSA’s listings will be integrated throughout the USA Today Network alongside editorial content...
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