U.S. Housing Market
Mortgage Application Activity Drops by Nearly 13%
The Refinance Index plummeted by 21% from the previous week. Continue Reading Mortgage Application Activity Drops by Nearly 13%
NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies. Continue Reading NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
Tech Trends: Efficiency Improving Platforms
This week, Tech Trends highlights four platforms designed to improve the lives of homebuyers, real estate agents and roofing professionals. Continue Reading Tech Trends: Efficiency Improving Platforms
Foreclosure Activity Down Slightly in May
Nationwide, one in every 4,009 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Down Slightly in May
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
America First Credit Union Taps FirstClose for Home Equity Solution
The Utah-based America First is the nation’s fifth largest credit union in terms of membership. Continue Reading America First Credit Union Taps FirstClose for Home Equity Solution
Newark Program Sells City-Seized Properties for as Little as One Dollar
Buyers are limited to one property each under the program, which is administered by the nonprofit Neighborhood Assistance Corporation of America. Continue Reading Newark Program Sells City-Seized Properties for as Little as One Dollar
Black Knight: Lock Volumes Down 22%
“Despite the fact that mortgage rates on average were lower in April, rate lock volumes took a hit,” said Andy Walden, vice president of enterprise research and strategy at Black Knight. Continue Reading Black Knight: Lock Volumes Down 22%
Fannie Mae: Homeownership Optimism is Rising
However, on a year-over-year measurement, the full index is down 1.7 points. Continue Reading Fannie Mae: Homeownership Optimism is Rising
ALTA: $21B in Title Insurance Premiums During 2022
The top companies by market share in 2022 were First American Title Insurance Co., Old Republic Title Insurance Co. and Fidelity National Title Insurance Co. Continue Reading ALTA: $21B in Title Insurance Premiums During 2022
Clayton to Build Manufactured Homes That Meet DOE Energy Efficiency Standards
“We are driven to make energy efficient homes an attainable option for home buyers across the country,” said CEO Kevin Clayton. Continue Reading Clayton to Build Manufactured Homes That Meet DOE Energy Efficiency Standards
FHLBank Atlanta Adds $7.2M to Homeownership Program
The funds are available on a transaction by transaction, first-come, first-served basis. Continue Reading FHLBank Atlanta Adds $7.2M to Homeownership Program
Republic First Exits the Mortgage Origination Business
The company said it would also “streamline its commercial lending business in New York City.” Continue Reading Republic First Exits the Mortgage Origination Business
Market Snapshot: Florida Home Buyers Are Paying for Overvalued Properties
Closed sales of existing single-family homes in March were down 15% year-over-year. Continue Reading Market Snapshot: Florida Home Buyers Are Paying for Overvalued Properties
Nearly Half of Homes Sold Within Two Weeks of Being Listed
New listings in April were down 23% year-over-year, the second biggest decline since the start of the pandemic. Continue Reading Nearly Half of Homes Sold Within Two Weeks of Being Listed
