Top Headlines
Report: Fed Chairman Warsh Proposes Fewer Rate Policy Meetings
Warsh reportedly suggested six meetings per year instead of the current eight gatherings. Continue Reading Report: Fed Chairman Warsh Proposes Fewer Rate Policy Meetings
Senate Democrats Question Why FHFA’s Pulte is Still Working as Intelligence Chief
No Democrat voted for Jay Clayton to take on the job of Director of National Intelligence. Continue Reading Senate Democrats Question Why FHFA’s Pulte is Still Working as Intelligence Chief
Jed Dolson Promoted to Co-CEO of Green Brick Partners
Dolson joined Green Brick Partners in 2013 as the head of land acquisition and development. Continue Reading Jed Dolson Promoted to Co-CEO of Green Brick Partners
Compass Joins the American Real Estate Association
“Competition makes every industry better,” said Robert Reffkin, chairman and CEO of Compass International Holdings. Continue Reading Compass Joins the American Real Estate Association
Lowe’s Foundation Awards $8 Million in Grants to Expand Skilled Trades Education
The Gable Grants program creates and expands partnerships with nonprofits and community colleges to increase training capacity and connect more people with skilled trades careers. Continue Reading Lowe’s Foundation Awards $8 Million in Grants to Expand Skilled Trades Education
Mortgage Rates Creep Up Slightly
The 30-year fixed-rate mortgage averaged 6.49% as of July 9. Continue Reading Mortgage Rates Creep Up Slightly
Mortgage Application Activity Slows Down Again
The FHA share of total applications decreased to 16.4% from 16.9% the week prior. Continue Reading Mortgage Application Activity Slows Down Again
Atlantic Home Mortgage Debuts Lendtrain, a Refinance-Focused Platform
“Most homeowners do not need a sales call just to find out whether a refinance is worth exploring,” said Tony Davis, founder of Lendtrain. Continue Reading Atlantic Home Mortgage Debuts Lendtrain, a Refinance-Focused Platform
Report: 1 in 5 Homebuyers Are Gen Z
This youthful generation represents nearly one-third of all first-time homebuyer loans and 27% of FHA purchase lending. Continue Reading Report: 1 in 5 Homebuyers Are Gen Z
Mortgage Rates Take a Mild Tumble
The 30-year fixed-rate mortgage averaged 6.43% as of July 2, down from last week when it averaged 6.49%. Continue Reading Mortgage Rates Take a Mild Tumble
Mike Kortas Launches evoLend as Start-Up Mortgage Servicing Company
Tammy Richards, chief strategy officer at NEXA, has been named CEO of evoLend, which will operate as an independent company. Continue Reading Mike Kortas Launches evoLend as Start-Up Mortgage Servicing Company
Mortgage Application Activity Records Slight Uptick
The FHA share of total applications decreased to 16.9% from 17.9% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
New Report Finds National Average for Mortgage Closing Costs Down by 3%
The greatest single-market shift during this period occurred in the District of Columbia, where closing costs dropped 21.1%. Continue Reading New Report Finds National Average for Mortgage Closing Costs Down by 3%
Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
“While the headline increase in delinquencies may draw attention, the underlying performance picture is stable as delinquencies remain below January 2020 levels,” said ICE’s Andy Walden. Continue Reading Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. Continue Reading Mortgage Rates Tick Up Slightly
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