Ally Financial (NYSE: ALLY) is exiting from the mortgage origination business while cutting hundreds of jobs companywide. The digital-only bank’s layoffs will affect less than 5% of its workforce, according to a statement from bank spokesperson Peter Gilchrist to The...
First-time homebuyers entering the housing market are being advised to consider Pennsylvania’s capital for the new residence. According to the 2025 Realtor.com Best Markets for First-Time Homebuyers report, Harrisburg, Pennsylvania, was ranked number one among markets...
New data from Realtor.com recorded a 22% year-over-year increase in the number of homes actively for sale during December. Although December marked the 14th straight month for a growth in the number of homes actively for sale, it was also lower than November’s...
Fewer mortgage applications were being processed for the week ending Jan. 3, according to data from the Mortgage Bankers Association (MBA); the week’s results included an adjustment for the New Year’s holiday. The Market Composite Index, the MBA’s measure of mortgage...
Homebuyers in search of a hot housing market are being advised to shuffle off to Buffalo – Zillow (NASDAQ: Z, ZG) has named the upstate New York city as its hottest major housing market for 2025. This is the second straight year that Zillow has praised Buffalo’s...
HouseCanary Files Chapter 11 as $260 Million Rocket Fight Looms
