Mortgage application activity slowed again for the week ending May 31, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 5.2% on a seasonally adjusted basis...
Annual home price appreciation during April was 5.3%, unchanged from March, according to new data from CoreLogic. On a month-over-month basis, home prices increased by 1.1%. All of the states recorded year-over-year home price appreciation, led by New Hampshire (up by...
Frontdoor Inc. (NASDAQ: FTDR), a Memphis-headquartered provider of home warranties, announced it has acquired 2-10 Home Buyers Warranty (2-10 HBW) in an all-cash transaction valued at $585 million. Founded in Denver in 1980, 2-10 HBW’s new home structural warranty...
Two Republican lawmakers in the Ohio legislature are proposing a constitutional amendment designed to cap property tax increases. According to the Columbus Dispatch, Reps. Beth Lear and Scott Wiggam proposed the amendment that would limit property tax increases to the...
As the drumbeat of the U.S. presidential election grows louder, so does the clamor around its alleged impact on the housing market—a narrative that is as pervasive as it is misleading. Political operatives and pundits alike weave tales of doom and market paralysis...