Top Headlines
United Homes Group Announces Leadership Changes
Jamie Pirrello was named interim CEO. Continue Reading United Homes Group Announces Leadership Changes
Weiss Law, a New Firm, to Provide Legal Services for Real Estate Transactions
Co-founder Adam J. Weiss promises “personalized attention and unmatched value.” Continue Reading Weiss Law, a New Firm, to Provide Legal Services for Real Estate Transactions
M&T Bank Appoints Lopa Kolluri as Head of Affordable Housing Lending
Kolluri was previously senior vice president within M&T’s Commercial Real Estate Innovation Office. Continue Reading M&T Bank Appoints Lopa Kolluri as Head of Affordable Housing Lending
EasyKnock in New Partnership to Bring Veterans into Housing Careers
“Veterans have given so much to our country, and it’s our responsibility to give back,” said Jarred Kessler, CEO of EasyKnock. Continue Reading EasyKnock in New Partnership to Bring Veterans into Housing Careers
Phil Hawkins Named CEO at California Association of Realtors
Hawkins joins CAR from the Pacific West Association of Realtors, where he served as chief executive. Continue Reading Phil Hawkins Named CEO at California Association of Realtors
Mortgage Rates Are Up Again
“Higher interest rates continue to dampen activity in interest rate-sensitive sectors,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Up Again
Mortgage Delinquency Rate Crashes to All-Time Low
CoreLogic noted that 14 states posted an annual increase in overall delinquency rates in May. Continue Reading Mortgage Delinquency Rate Crashes to All-Time Low
JD Power: Mortgage Servicing Customer Satisfaction Down Amid Financial Stress
Among the major servicers, Rocket Mortgage ranked the highest with a score of 686 out of 1,000. Continue Reading JD Power: Mortgage Servicing Customer Satisfaction Down Amid Financial Stress
Declines Reported in New Home Sales, Mortgage Application Activity
The purchase index was at “its lowest level in over a month,” said MBA’s Joel Kan. Continue Reading Declines Reported in New Home Sales, Mortgage Application Activity
Guaranteed Rate Debuts Down Payment Assistance Product
OneDown also offers borrowers a $1,000 contribution toward lender fees. Continue Reading Guaranteed Rate Debuts Down Payment Assistance Product
Serious Delinquency Rate Crashes to 17-Year Low
However, early-stage delinquencies (30-days late) increased by 19,000 (+2.2%) from May to 1.65 million. Continue Reading Serious Delinquency Rate Crashes to 17-Year Low
Year-Over-Year Applications for New Home Purchases Up for Fifth Straight Month
“New home purchase activity continues to be a bright spot,” said MBA’s Joel Kan. Continue Reading Year-Over-Year Applications for New Home Purchases Up for Fifth Straight Month
Freddie Mac Reports Decline in Mortgage Rates
“As inflation slows, mortgage rates decreased this week,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Freddie Mac Reports Decline in Mortgage Rates
Refinancing Fuels Uptick in Mortgage Application Activity
According to MBA’s estimate, 220,000 homeowners are in forbearance plans. Continue Reading Refinancing Fuels Uptick in Mortgage Application Activity
New York Fed Study Finds Rising Level of Loan Application Rejections
The rejection rate for mortgages in June was 13.2%, up from 10% in February. Continue Reading New York Fed Study Finds Rising Level of Loan Application Rejections
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