Top Headlines
NAHB and MBA Commend Trump’s Inauguration While NAR Stays Silent
NAR focused on the Martin Luther King Jr. Day observances. Continue Reading NAHB and MBA Commend Trump’s Inauguration While NAR Stays Silent
Rohit Chopra, Biden’s CFPB Director, Still on the Job While Highlighting New Enforcements
As of this writing, the Trump administration has not named a new CFPB director. Continue Reading Rohit Chopra, Biden’s CFPB Director, Still on the Job While Highlighting New Enforcements
Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95
Forbes magazine estimated Marcus’ net worth at $11 billion. Continue Reading Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95
Wyoming Realtors’ PAC Spends Nearly $550,000 on Ballot Amendment
4Wyoming’s outreach has included the creation of a website, billboard and online advertising. Continue Reading Wyoming Realtors’ PAC Spends Nearly $550,000 on Ballot Amendment
HUD Provides $1.7 Million in Hurricane Aid to Asheville, North Carolina
The new funding will be used to support the reconstruction of damaged homes, businesses, and infrastructure. Continue Reading HUD Provides $1.7 Million in Hurricane Aid to Asheville, North Carolina
Fairway Independent Mortgage Acquires Hallmark Home Mortgage
The acquired company will become Hallmark Home Mortgage, Powered by Fairway. Continue Reading Fairway Independent Mortgage Acquires Hallmark Home Mortgage
HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
HomeXpress will operate as a subsidiary of Chimera under the continuing leadership of President and CEO Kyle Walker. Continue Reading HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Mortgage Application Activity Up 12.5%
The Refinance Index increased 16% from the previous week and was 28% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 12.5%
Mortgage Credit Availability at Highest Level in Nearly 3 Years
“Credit supply increased to its highest level since August 2022,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at Highest Level in Nearly 3 Years
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
NAMB Taps Ginger Bell to Become Growth Officer
She succeeds Jason Frazier, who launched NAMB’s online community Hive. Continue Reading NAMB Taps Ginger Bell to Become Growth Officer
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Report: Fewer Home Purchase Loans During Q1
ATTOM found the total dollar value of loans was down by 18% to $478 billion. Continue Reading Report: Fewer Home Purchase Loans During Q1
Mortgage Application Activity Slows for Third Straight Week
Among the federal programs, the FHA share of total applications increased to 18.7% from 17.9% the week prior. Continue Reading Mortgage Application Activity Slows for Third Straight Week
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