Industry News

Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap

by Phil Hall | Oct 29, 2024

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

by Phil Hall | Oct 29, 2024

The financial terms of the acquisition were not disclosed. Continue Reading Dream Finders Homes Acquires Alliant National Title Insurance

Forrest Street Partners Acquires RV Resort in Suburban Atlanta

by Phil Hall | Oct 3, 2024

Leisure Acres encompasses 135 RV sites and one cabin. Continue Reading Forrest Street Partners Acquires RV Resort in Suburban Atlanta

Airbnb Offers Free Temporary Housing for People Displaced by Hurricane Helene

by Phil Hall | Oct 2, 2024

Airbnb.org focuses on connecting people with free, temporary housing in times of crisis. Continue Reading Airbnb Offers Free Temporary Housing for People Displaced by Hurricane Helene

Ken Wingert Named Chief Advocacy Officer at NAHB

by Phil Hall | Oct 2, 2024

Wingert joins NAHB from Monument Advocacy, where he led the group’s financial services practice. Continue Reading Ken Wingert Named Chief Advocacy Officer at NAHB

Mortgage Rates Continue to Rise

by Phil Hall | Oct 17, 2024

The 30-year fixed-rate mortgage averaged 6.44% as of Oct. 17. Continue Reading Mortgage Rates Continue to Rise

Report: The City with the Most Mortgage Delinquency Is…

by Phil Hall | Oct 17, 2024

Honolulu ranked as the city with the lowest level of mortgage delinquencies. Continue Reading Report: The City with the Most Mortgage Delinquency Is…

Mortage Application Activity and Credit Availability in Decline

by Phil Hall | Oct 16, 2024

The Mortgage Credit Availability Index (MCAI) dropped by 0.5% to 98.5 in September. Continue Reading Mortage Application Activity and Credit Availability in Decline

Mortgage Rates Up Sharply

by Phil Hall | Oct 10, 2024

The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. Continue Reading Mortgage Rates Up Sharply

Mortgage Application Activity Slows Down

by Phil Hall | Oct 9, 2024

The seasonally adjusted Purchase Index dipped by a scant 0.1% from one week earlier. Continue Reading Mortgage Application Activity Slows Down

Massachusetts in Settlement with Franklin Credit Over Zombie Second Mortgages

by Phil Hall | Oct 4, 2024

Franklin Credit will make a monetary payment of $300,000 to the state Continue Reading Massachusetts in Settlement with Franklin Credit Over Zombie Second Mortgages

Mortgage Rates Record Uptick

by Phil Hall | Oct 3, 2024

The 30-year fixed-rate mortgage averaged 6.12% as of Oct. 3, up from last week when it averaged 6.08%. Continue Reading Mortgage Rates Record Uptick

Market Spotlight: Four New Regional Programs for Borrowers

by Phil Hall | Oct 3, 2024

A quartet of new regionally focused programs for current and prospective homeowners have been announced this week. Westerly, Rhode Island-based Washington Trust has expanded its RI Community Lending Program with the addition of I Luv RI Home Improvement Loans as home...