U.S. Housing Market
Mortgage Rates Rise for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2. Continue Reading Mortgage Rates Rise for Second Straight Week
Report: One in Five Homes Had Price Reductions in September
Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Continue Reading Report: One in Five Homes Had Price Reductions in September
Housing Report Finds Most At-Risk Counties in California and New Jersey
More than half (27) of the 50 least at-risk counties in the analysis were in Southern states. Continue Reading Housing Report Finds Most At-Risk Counties in California and New Jersey
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Report: 28% of Homes Now Selling Above Asking Price
At the same time, new listings are up 5.2% year-over-year. Continue Reading Report: 28% of Homes Now Selling Above Asking Price
MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1
Q1 was an improvement from the reported loss of $2,812 per loan in Q4 2022. Continue Reading MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1
Guest Opinion: The Realtors’ View of the Current Mortgage Market
The 2023 NAR president offers his association’s view on how Congress can upgrade today’s mortgage policy environment. Continue Reading Guest Opinion: The Realtors’ View of the Current Mortgage Market
Single-Family Housing Starts Up in April
Single‐family housing completions in April were at a rate of 971,000, which is 6.5% below the revised March rate of 1.03 million. Continue Reading Single-Family Housing Starts Up in April
Equifax Debuts Employment Verification Tool for Mortgage Originators
“It’s critical for lenders to have access to timely verification data at each stage of the mortgage process,” said Equifax’s Ashley Wood, Continue Reading Equifax Debuts Employment Verification Tool for Mortgage Originators
Fintech QuentmRE partners with evNation on green energy installation financing
evNation’s co-founder Neil Okun called this a “much-needed alternative financing option.” Continue Reading Fintech QuentmRE partners with evNation on green energy installation financing
Person of the Week: Jonas Bordo, CEO of Dwellsy
Bordo co-authored the upcoming book “Everything You Need to Know About Renting But Didn’t Know to Ask: All the Insider Dirt to Help You Get the Best Deal and Avoid Disaster.” Continue Reading Person of the Week: Jonas Bordo, CEO of Dwellsy
Builders Express Renewed Confidence in Housing Market
“Lack of existing inventory continues to drive buyers to new construction,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Express Renewed Confidence in Housing Market
MBA: Number of Loans in Forbearance Continue to Decline
The trade group’s latest Loan Monitoring Survey estimated 255,000 homeowners are currently in forbearance plans. Continue Reading MBA: Number of Loans in Forbearance Continue to Decline
28,000 Minnesota Real Estate Agents Complete Training on Reducing Racial Bias in Homebuying
The new two-year program “The History of Diversity in Homeownership” is a mandatory requirement for license renewals. Continue Reading 28,000 Minnesota Real Estate Agents Complete Training on Reducing Racial Bias in Homebuying
Frank Lloyd Wright-Designed Home in Tulsa Listed for $7.9 Million
The property last changed hands in 2021 for $2.5 million. Continue Reading Frank Lloyd Wright-Designed Home in Tulsa Listed for $7.9 Million
