Home prices are up more than 6 percent year-over-year, with many states seeing double-digit growth.
The post Rising Rates Can’t Keep Home Values Down appeared first on theMReport.com.
Most Recent Articles
Five Star’s Ed Delgado: “Politics at Its Worst”
On Thursday, it was reported that U.S. Sen. Tammy Duckworth (D-Illinois) has placed a blanket hold on all nominations for vacant positions within the U.S. Department of Housing and Urban...
Wells Fargo to Pay CFPB, OCC $1B Fine
In one of the harshest actions taken by a regulator against a bank, Wells Fargo will pay CFPB and OCC a billion dollars in fines for overcharging car insurance and mortgage loan consumers. Here's...
Nationstar and Ocwen Announce Changes at the Top
It’s been a busy day for the mortgage and servicing industry. Both Nationstar and Ocwen announced major leadership changes on Thursday, with Nationstar naming its first COO in the form of Tony...
Rates Rise after Eight Weeks of Stability
Mortgage rates followed the increase in Treasury yields rising to their highest so far in 2018. How much will they affect homebuyers? The post Rates Rise after Eight Weeks of Stability appeared...
Nationstar Names First COO
Nationstar Mortgage Holdings Inc., headquartered in Coppell, Texas, announced today that Tony Ebers has been appointed COO, a new position within Nationstar. "Tony is a seasoned and trusted leader...
Homebuyers: Overleveraged and Under Pressure
Purchasing a home is unquestionably one of the biggest expenditures most consumers will make in a lifetime. It’s exciting, it’s nerve-wracking, it’s fraught with decisions. And when you finally...
For More Affordable Homes, Move to the Middle
The Midwest is home to the most affordable housing markets in the United States, according to data from the National Association of Realtors. The Realtors Affordability Distribution Curve and...
Rental Payment History vs. Mortgage Delinquency Risk
Rental payment history is indicative of future mortgage loan performance and should be considered when individuals apply for mortgage loans, according to new research from the Urban Institute....
Is Home Seller Enthusiasm Waning?
The latest report from Redfin shows that home sale prices in March were still on the way up—they were 9 percent higher than a year ago, closing the month at a median $297,000 nationally. But homes...
Ocwen’s Ron Faris Announces Retirement, Glen Messina to Succeed
Ocwen Financial Corporation, a leading financial services holding company, announced on Thursday that President and CEO Ron Faris is retiring after 27 years with the company. The post Ocwen’s Ron...
Eye on the Industry: Updates on MCS, Genworth, First American, and More …
From new appointments and digital platforms to rebranding initiatives, get the latest on the housing and mortgage industry in this weekly update. The post Eye on the Industry: Updates on MCS,...
The 5 Most Environment-Friendly States
As more homebuyers look at sustainable living, a recent study compared 50 states in environmental awareness and climate change. So here’s where to head if you’re looking for an eco-friendly...
The Fault Line’s Implications on California Housing
A new report examined the potential damage to properties in case of a major quake in the California region that sits along a dangerous fault line. Were the findings encouraging? The post The Fault...
For Mortgage Rates, Shopping Around Pays Off
Doing a little research before getting a mortgage can make a big difference. Here’s how much of a difference, according to Freddie Mac’s latest study. The post For Mortgage Rates, Shopping Around...
What Defined Strong Mortgage Originations in March?
Mortgage loan originations showed a strong close for the first quarter as borrowers took more chances on the back of continued growth in interest rates, a report found. The post What Defined...
What to Expect in the Homebuying Season
If the last three years are any indication, the homebuying season of 2018 is set to be as competitive, if not more. Click through to learn more. The post What to Expect in the Homebuying Season...
Production Profits, Volumes Drop at Independent Mortgage Lenders
Despite a record-high first mortgage loan balance, independent mortgage banks and mortgage subsidiaries weathered falling production profits and production volumes in 2017. The post Production...
Where Did Home Prices Rise the Most?
While the overall average number of home sales increased more than 36 percent according to a recent report, one state led the pack. And no, it wasn’t California. The post Where Did Home Prices...
Single-family Home Building Slips
The lag in single-family starts in March could mean even tighter inventory in the coming months. But here’s why experts see the decline as a short-term headwind. The post Single-family Home...
How Blockchain is Bringing Technology Conversations Back in Lending