Mortgage application activity was on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending Dec. 8. The MBA’s Market Composite Index was up by 7.4% on a seasonally adjusted basis from one week earlier while the unadjusted...
The median asking rent in November declined 2.1% from one year ago to $1,967, according to new data from Redfin (NASDAQ:RDFN). This represents the biggest annual drop since February 2020; the decline from October was 0.6%. “Renters are finally catching a break,” said...
Mortgage credit availability declined in November, according to data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 1.7% to 96.5 last month; the index was benchmarked to 100 in March 2012. The...
Rocket Homes, a real estate service provider within Detroit-based Rocket Companies (NYSE: RKT), announced its iOS app is now available on car, truck and SUV infotainment screens through Apple CarPlay. According to the company, homes listed for sale can be seen in the...
A Phil Hall Op-Ed: It’s a shame that Time Magazine tapped Taylor Swift as its Person of the Year last week, because the U.S. Department of Housing and Urban Development (HUD) has its own candidate for accomplishing amazing things during 2023. The department’s PR team...
FICO Shares Plunge More Than 20% as Mortgage-Scoring Competition Intensifie…
