Top Headlines
Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues
Shares of Compass dropped by 12.69% shortly after news of the probe was first reported. Continue Reading Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues
Jerome Powell Takes Aim at Trump: ‘Fed Has Been Undergoing a Stress Test’
“If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well,” Powell said. Continue Reading Jerome Powell Takes Aim at Trump: ‘Fed Has Been Undergoing a Stress Test’
New Coalition Seeks to Protect Quartz Industry Jobs
“The US quartz industry is an American success story built by small and family-owned American businesses,” said Rupesh Shah, co-CEO of the distributor M S International. Continue Reading New Coalition Seeks to Protect Quartz Industry Jobs
Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Prior to her role at Hudson Companies, Kackmann was vice president of affordable and workforce housing at The Albanese Organization. Continue Reading Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Mortgage Rates Decline for Second Straight Week
“Mortgage rates declined this week to a four-week low of 6.30%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Decline for Second Straight Week
Refinancing Surge Drives Up Mortgage Application Activity
The Refinance Index increased 5% and was 15% higher than the same week one year ago. Continue Reading Refinancing Surge Drives Up Mortgage Application Activity
Mortgage Applications for New Home Purchases at 14-Year High
“Government applications, which include FHA, VA, and USDA/RHS loans, accounted for more than half of applications received,” said MBA’s Joe Kan. Continue Reading Mortgage Applications for New Home Purchases at 14-Year High
National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. Continue Reading National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Mortgage Credit Availability Improved in March
“Credit availability increased modestly in March to its highest level since August 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in March
Mortgage Rates Inch Down
The 30-year fixed-rate mortgage averaged 6.37% as of April 9, down from last week when it averaged 6.46%. Continue Reading Mortgage Rates Inch Down
Over Half of Canadian Homeowners Prepare to Cut Spending Ahead of Mortgage Renewals
Canadian homeowners facing mortgage renewals are preparing to cut their budgets to manage higher payments, while prospective buyers are preparing to make a move later this year. According to a new survey from TD Bank, more than half (56%) of Canadian homeowners said...
Mortgage Application Activity Drops by 0.8%
The FHA share of total applications decreased to 19.3% from 19.5% the week prior. Continue Reading Mortgage Application Activity Drops by 0.8%
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
Finance of America Reverse Debuts HomeSafe Second Line of Credit
The product is now available in California, with a further rollout planned in the coming weeks. Continue Reading Finance of America Reverse Debuts HomeSafe Second Line of Credit
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