Top Headlines
Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap
The depth and scope of the potential tax increase was not disclosed. Continue Reading Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap
Dream Finders Homes Acquires Alliant National Title Insurance
The financial terms of the acquisition were not disclosed. Continue Reading Dream Finders Homes Acquires Alliant National Title Insurance
Study: One-Third of Younger Americans Rethinking Relocation After Helene
Almost one-quarter (23%) of respondents overall expected insurance premiums in their area to increase after Hurricane Helene. Continue Reading Study: One-Third of Younger Americans Rethinking Relocation After Helene
Report: The Safest US City Is…
Memphis was considered the least safest city. Continue Reading Report: The Safest US City Is…
George Washington University Blames Endowment’s Decline on DC Real Estate Market
The university’s endowment shrank from $2.8 billion to $2.6 billion in the second quarter. Continue Reading George Washington University Blames Endowment’s Decline on DC Real Estate Market
Mortgage Application Payments Down by Nearly 4%
The national median mortgage payment for conventional loan applicants was $2,056. Continue Reading Mortgage Application Payments Down by Nearly 4%
Number of Loans in Forbearance Up in August
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.13% in August. Continue Reading Number of Loans in Forbearance Up in August
DOJ Announces $2.4 Million HECM Settlement with Nutter
The company exited the mortgage business in 2022. Continue Reading DOJ Announces $2.4 Million HECM Settlement with Nutter
Refinancing Drives Up Mortgage Application Activity
The Refinance Index increased 20% from the previous week and was 175% higher than the same week one year ago. Continue Reading Refinancing Drives Up Mortgage Application Activity
Mortgage Rates Continue to Slide
The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, down from last week when it averaged 6.20%. Continue Reading Mortgage Rates Continue to Slide
Mortgage Application Activity Up 14.2%
The MBA also reported mortgage applications for new home purchases in August were up 4.4% year-over-year. Continue Reading Mortgage Application Activity Up 14.2%
Report: Mortgage Payments Cheaper Than Rent in 22 of Top 50 Metros
Zillow attributed the latest statistics to declining mortgage rates. Continue Reading Report: Mortgage Payments Cheaper Than Rent in 22 of Top 50 Metros
Mortgage Rates Fall to 19-Month Low
The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Fall to 19-Month Low
Mortgage Application Activity and Credit Availability Record Upticks
The Market Composite Index increased 1.4% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability Record Upticks
Guest Opinion: The CFPB’s Approach to Mortgage Refinancing
CFPB Director Rohit Chopra describes his agency’s approach to regulating mortgage refinancing. Continue Reading Guest Opinion: The CFPB’s Approach to Mortgage Refinancing
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