Mortgage application activity slowed during the week ending June 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.8% on a seasonally adjusted basis from...
REMAX has launched a new program designed to better serve buyers and sellers interested in the golf lifestyle. The new REMAX Golf Lifestyles program is based on Golf Life Navigators, an established platform that connects golf-focused buyers and sellers with...
A record number of 242 cities have starter homes valued at $1 million or more, up from 226 one year ago, according to a new data report from Zillow. Traditionally, a starter home is defined as a home in the lowest third of home values in a given market. But as the...
Homa, a homebuying platform powered by artificial intelligence (AI) that debuted in Florida last year, has expanded to Texas. Homa is a licensed brokerage designed to help buyers keep most of the buyer-side commission, typically 2% back, that would traditionally go to...
A buyer who purchases the median-priced home today with 20% down will pay $413,700 in interest over a 30-year mortgage at the current 6.53% rate, according to a data report from Best Interest Financial and Clever Real Estate. However, that sum is $10,500 more than the...