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Study: Single Women Own More Homes Than Single Men in 47 States

Study: Single Women Own More Homes Than Single Men in 47 States

by Phil Hall | Jan 16, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single women are more likely than single men to own a home in 47 of the 50 states, according to a new analysis of housing data by LendingTree (NASDAQ:TREE). Single women own 10.95 million homes, according to the new analysis, while single men own 8.24 million....
Mortgage Rates Hold Steady in the Mid-6% Range

Mortgage Rates Hold Steady in the Mid-6% Range

by Phil Hall | Jan 11, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates remained at the mid-6% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, slightly up from last week when it averaged 6.62%. A year ago at this time, it...
Foreclosure Filings Up 10% in 2023

Foreclosure Filings Up 10% in 2023

by Phil Hall | Jan 11, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Foreclosure filings were reported on 357,062 residential properties in 2023, according to a new report from ATTOM. This represents a 10% increase from 2022 and a 136% spike from 2021, but it was also down by 28% from pre-pandemic 2019 and down by 88% from the 2010...
NRL Mortgage and Calque Unveil The Trade-In Mortgage

NRL Mortgage and Calque Unveil The Trade-In Mortgage

by Phil Hall | Jan 10, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

NRL Mortgage has partnered with the fintech Calque to launch The Trade-In Mortgage in 45 states. According to the companies, The Trade-In Mortgage enables homeowners to leverage their home equity to purchase a new home before selling their current one. By working with...
Mortgage Application Volume Up Nearly 10%

Mortgage Application Volume Up Nearly 10%

by Phil Hall | Jan 10, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The new year began on a positive note for the mortgage space, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, jumped by 9.9% on a seasonally...
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