Top Headlines
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
FHLBank Chicago Increases Funding for Housing Counseling Resource Program
FHLBank Chicago launched the HCRP in 2022. Continue Reading FHLBank Chicago Increases Funding for Housing Counseling Resource Program
Aurumys Expands Brokerage into Kansas City Market
The office will be led General Manager Khorey Kilgore. Continue Reading Aurumys Expands Brokerage into Kansas City Market
Square Financial Services Launches Grant Initiative for Utah Community Development
Grants will be used to finance affordable housing, small business development and entrepreneurship. Continue Reading Square Financial Services Launches Grant Initiative for Utah Community Development
30-Year Fixed-Rate Mortgage Surges to 7.49%
Sam Khater, Freddie Mac’s chief economist, noted the market is facing “the highest mortgage rates in a generation.” Continue Reading 30-Year Fixed-Rate Mortgage Surges to 7.49%
John Cady Named President of Citywide Home Loans
“The company is the perfect mix of culture, service and programs that many mortgage professionals have been looking for,” said Cady. Continue Reading John Cady Named President of Citywide Home Loans
Mortgage Applications Plunge to 27-Year Low
Among the federal programs, the FHA share of total applications increased to 14.5% from 14.1% the week prior. Continue Reading Mortgage Applications Plunge to 27-Year Low
Eric Francis Named VP of Finance at GO Mortgage
Francis was previously vice president of mortgage at A+ Federal Credit Union. Continue Reading Eric Francis Named VP of Finance at GO Mortgage
Serious Mortgage Delinquency Rate at a 23-Year Low
Idaho was the only state to see an annual uptick in its overall mortgage delinquency rate during July, albeit at a scant 0.1 percentage point. Continue Reading Serious Mortgage Delinquency Rate at a 23-Year Low
Mortgage Rates at Highest Peak in Almost 23 Years
The 30-year fixed-rate mortgage averaged 7.31% as of Sept. 28, up from last week when it averaged 7.19%. Continue Reading Mortgage Rates at Highest Peak in Almost 23 Years
CFPB Mortgage Report: Higher Closing Costs, More Denials for Insufficient Income
Average monthly mortgage payments increased more than 46% last year, from $1,400 in December 2021 to $2,045 in December 2022. Continue Reading CFPB Mortgage Report: Higher Closing Costs, More Denials for Insufficient Income
Mortgage Application Activity Declines Again
Both the seasonally adjusted and the unadjusted Purchase Index dropped 2% from one week earlier. Continue Reading Mortgage Application Activity Declines Again
Teachers Federal Credit Union Now Offering VA Loans
“It is our honor to serve those who serve our country,” said Brad Calhoun, president and CEO. Continue Reading Teachers Federal Credit Union Now Offering VA Loans
Mortgage Rates Flat, But Still Above 7%
“Given these high rates, housing demand is cooling off and now homebuilders are feeling the effect,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Flat, But Still Above 7%
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