Top Headlines
State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
“We are putting tens of millions of dollars back into customers’ hands,” the company said. Continue Reading State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
Appraisal Foundation Seeks Candidates for Board of Trustees
The board meets twice a year and trustees are reimbursed for travel expenses only. Continue Reading Appraisal Foundation Seeks Candidates for Board of Trustees
Appraisal Industry Warns Against GSE Waiver Updates from FHFA
The FHFA’s policy changes expand eligibility for appraisal waivers and inspection-based appraisal waivers. Continue Reading Appraisal Industry Warns Against GSE Waiver Updates from FHFA
Meritage Homes Expands to Gulf Coast with Acquisition of Elliott Homes
The financial terms of the acquisition were not disclosed. Continue Reading Meritage Homes Expands to Gulf Coast with Acquisition of Elliott Homes
Family of Missing Texas Real Estate Agent Warns Against Fake Online Fundraisers
The only legitimate fundraiser is on the MealTrain.com platform. Continue Reading Family of Missing Texas Real Estate Agent Warns Against Fake Online Fundraisers
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
Mortgage Rates Inches Up, Homebuyer Affordability Inches Down
The 30-year fixed-rate mortgage averaged 6.89% as of May 29. Continue Reading Mortgage Rates Inches Up, Homebuyer Affordability Inches Down
Mortgage Application Activity Drops as Home Prices Rise
The first quarter home prices were up on a year-over-year basis in 49 states and the District of Columbia; Hawaii was the lone state with a price decline. Continue Reading Mortgage Application Activity Drops as Home Prices Rise
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