U.S. Housing Market
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
Report: Down Payment Level Held Steady During Q3
During the third quarter, the average down payment share remained near 14.4% of the purchase price. Continue Reading Report: Down Payment Level Held Steady During Q3
Hits and Misses for the Real Estate Week of Oct. 13-17
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. Continue Reading Hits and Misses for the Real Estate Week of Oct. 13-17
Lennar Begins Sales at New Community in Texas
Pricing starts in the mid $200,000s. Continue Reading Lennar Begins Sales at New Community in Texas
Pending Home Sales at Historic Low Level
“Home sales are rising in places where more inventory is available,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales at Historic Low Level
New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators
The Fairway Independent Mortgage Corp. production is now on YouTube. Continue Reading New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators
BMO Expands Welcome Home Grant Program to California
“The Welcome Home Grant program removes barriers to homeownership for low- to moderate-income and minority communities,” said BMO Vice Chairman Eric Smith. Continue Reading BMO Expands Welcome Home Grant Program to California
JZZ Technologies Closes Acquisition of Oxygen Mortgage
“I couldn’t be any more excited about joining with JZZ Technologies,” said Oxygen Mortgage President and CEO Rob Egeland. Continue Reading JZZ Technologies Closes Acquisition of Oxygen Mortgage
Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage
Jason Mesnick starred on the thirteenth season of the ABC series “The Bachelor.” Continue Reading Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage
Will 2024 Be the Year of Affordable Homeownership?
Realtor.com is forecasting average mortgage rates of 6.8% in 2024, with rates edging down over the year to reach 6.5% by the end of the year. Continue Reading Will 2024 Be the Year of Affordable Homeownership?
Mortgage Application Activity Rises Slightly
The seasonally adjusted Purchase Index was up 5% from one week earlier, but the unadjusted index dropped by 31%, Continue Reading Mortgage Application Activity Rises Slightly
FHFA Increases Conforming Loan Limits Values for 2024
Special statutory provisions establish different loan limits for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. Continue Reading FHFA Increases Conforming Loan Limits Values for 2024
Citing Handwritten Will, Judge Awards Aretha Franklin’s Real Estate to Three Sons
Franklin wrote the will in longhand in 2014. Continue Reading Citing Handwritten Will, Judge Awards Aretha Franklin’s Real Estate to Three Sons
CFPB Fines Bank of America $12 Million Over HMDA Violations
“Bank of America violated a federal law that thousands of mortgage lenders have routinely followed for decades,” said CFPB Director Rohit Chopra Continue Reading CFPB Fines Bank of America $12 Million Over HMDA Violations












