Are last year’s surprising home price gains evaporating? As interest rates climb again, some of the price signals are softening. Inventory is climbing vs. last year, and home prices have stayed flat for three weeks now. The price reductions data has turned less bullish for future sales also. Mortgage rates are back over 7%. We […]
Autopilot will enable lenders to create instant, conditional loan approvals for qualified borrowers, the company said.
One out of every eight Americans lives in California, but the homeownership rate is dismal at only 44% in 2021.
Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years. The chronically distressed properties cycled in and out of foreclosure for an average of […]
We are approaching a critical technical level on the 10-year yield that can cause market drama for mortgage rates.
A second Nevada home seller has filed a copycat commission lawsuit, alleging collusion among real estate industry players in the state.
A new bill introduced in the New Jersey Senate would require in-person counseling for the state’s reverse mortgage business.
FOA received the second notice of noncompliance with the NYSE listing standard since December.
NAR has run out of liability insurance coverage, leaving state and local associations on the hook for millions of dollars in legal fees.
Home Matters USA — described as a “mortgage relief scam” by federal and state regulators — was banned from business and fined millions.
Today, housing starts fell more than anticipated, but the more important story in today’s report is that single-family permits are rising.
Mortgage applications for new homes surged in January as a lack of existing homes continued to fuel the demand for new construction.
