Top Headlines
Douglas Elliman Fires President and CEO Scott Durkin
No explanation was given for Durkin’s termination. Continue Reading Douglas Elliman Fires President and CEO Scott Durkin
FHFA Updates GSEs’ Appraisal Policies
The maximum LTV ratio of purchase loans eligible for appraisal waivers increasing from 80% to 90%. Continue Reading FHFA Updates GSEs’ Appraisal Policies
Housing Issues in Spotlight in Vice Presidential Debate
CBS News personality Margaret Brennan sought to trip up Vance when she asked for evidence on the impact of illegal immigration on housing. Continue Reading Housing Issues in Spotlight in Vice Presidential Debate
Katie Johnson Resigns as NAR’s Chief Legal Officer
The daughter of two realtors, Johnson joined NAR in October 2007 as an associate counsel. Continue Reading Katie Johnson Resigns as NAR’s Chief Legal Officer
Kaas Wilson Architects, a Multifamily Housing Architecture Firm, Opens Phoenix Office
Kaas Wilson is licensed in 36 states and is currently designing projects and communities in 18 states. Continue Reading Kaas Wilson Architects, a Multifamily Housing Architecture Firm, Opens Phoenix Office
The Agency in New Partnership for Mortgage Lending
Aclara Lending will begin operations in Southern California. Continue Reading The Agency in New Partnership for Mortgage Lending
HUD and Ginnie Mae to Host Summit on Mortgage Market Liquidity
The summit will include guest experts from the federal government, private sector, and housing industry. Continue Reading HUD and Ginnie Mae to Host Summit on Mortgage Market Liquidity
30-Year Fixed-Rate Mortgage at 2-Year Low
The 30-year fixed-rate mortgage averaged 6.08% as of Sept. 26. Continue Reading 30-Year Fixed-Rate Mortgage at 2-Year Low
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
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