Mortgage credit availability increased by 2.2% in April as mortgage lenders fight for borrowers in an increasingly competitive market.
The Mortgage Bankers Association said Tuesday that the Mortgage Credit Availability Index (MCAI) — which uses 100 as a benchmark — increased to 128.1 last month. A decline in the MCAI suggests that lending standards are tightening while a higher number suggests loosening credit standards.
Forewarn’s services are available both online and through a mobile application. Continue Reading Forewarn to Provide Online Safety Services for Free to Las Vegas Realtors
The Artificial Intelligence (AI) Data Center Moratorium Act would enact an immediate federal moratorium on these facilities. Continue Reading Sanders and AOC Seek Moratorium on AI Data Center Construction
“Unfortunately, this month’s turmoil in the Middle East has put upward pressure on mortgage rates, which in turn could impact overall affordability in the months ahead,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Decreased in February
The five-story building as 57 units, or 20% of the residences, set aside for households earning an average of 50% of the area median income. Continue Reading 238-Unit Mixed-Income Apartment Building Opens in New Haven
Burry added that the housing market was “in for a long winter” if current economic conditions remain or worsen. Continue Reading ‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
A New York real estate attorney has been sentenced for a $4.4 million escrow fraud tied to COVID-era funds. Here’s what the case means for agents, lenders, and protecting trust in every transaction. Continue Reading Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
Hits and Misses for the Real Estate Week of March 23-27
Dallas-Based Onyx Realty Group Joins The Real Brokerage
Douglas Elliman Launches Yacht Advisory Division
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Agai…
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