Home Sales Fall, Price Growth Slows as Mortgage Rates Soar
The housing market turned a corner in April as the inventory crisis showed signs of subsiding, according to a new report from Redfin. The 9% year-over-year decline in homes for sale was the...
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Rate Volatility and Economic Instability Drive Down Mortgage Apps
Consistently rising mortgage rates are forcing many refi borrowers to reconsider, as refinance activity is down 66% year-over-year according to the MBA.
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Sandra Thompson Officially Named Head of FHFA
U.S. Senate confirms Thompson to formally lead supervision, regulation, and oversight of the GSEs and the Federal Home Loan Bank System.
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Planet Home Lending Expands Team to Portland
Planet Home Lending, LLC, has announced the launch of its new team in Portland, Oregon, led by Area Sales Manager Tim Hattan, Sales Manager Tom Bond, and Loan Officer Dalton Clark. The team's...
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Home Value Growth Heightens in Suburbs
Woodinville, Washington, is Zillow's most popular market of early 2022, leading a list of fast-growing suburbs as the most in-demand places to start off the year. As more data emerges that remote...
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Wells Fargo Partners with Habitat for Humanity to Build Affordable Homes
As homeownership remains out of reach for many families, Wells Fargo has announced an effort to support new home construction, renovation, and repair of more than 350 affordable homes across the...
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New-Home Sales Continue Downward Trajectory
The price of new home sales experienced a near 17% decline in April, hitting its lowest level in two years.
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Op-Ed: Ukrainian Crisis Reminds Us That Our Heroes Remain Underserved
As Ukranian heroes continue to fight for their land, many of our own nation’s heroes are battling affordability issues to get into the home of their dreams.
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Renters Struggling to Stay Afloat Amid Rising Costs
According to the Realtor.com Monthly Rental Report, new data indicates that rental competition remained persistent in April, as the U.S. median rental price hit a new high —$1,827— for the 14th...
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Locals Priced Out by Homebuyer Migration Trends
Home prices in many once-affordable metros have surged and priced out many would-be buyers —a dynamic that’s being exacerbated by rising mortgage rates— but a handful of popular migration...
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Housing Inventory, Prices on the Rise in April
During a month that typically sees increasing sales in the lead up to the summer busy season, April 2022 saw sales remain essentially flat from March, increasing by less than 1% throughout the...
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Mid America Mortgage Promotes Gary McKiddy to CFO
After serving as Chief Risk Officer, 40-year industry vet transitions to CFO role to manage financial operations and strategy for full-service mortgage lender.
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DocMagic Partners With Black Knight on Document Generation Solution
New agreement will provide lenders with access to DocMagic’s document generation solution and compliance support for enhanced data integrity.
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Homebuyer Demand Slips While New Listings Surge
Homebuyers may begin to notice signs that the market is shifting toward their favor, as more sellers came to the market during the four weeks ending May 15 —according to a new report from Redfin....
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Mortgage Coach Appoints Duniphin, Bowser to VP Roles
Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, announced the advancement...
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Existing-Home Sales Tail Off in April
A rise in mortgage rates over the 5% mark, and an increase in prices has impacted April buyer activity, as buyers wait for the market to show signs of stability.
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The Week Ahead: Examining the Second Half of 2022
WFG’s Patrick Stone and Dr. Bill Conerly share their insights and forecast for the mortgage market for the remainder of 2022 during an upcoming webinar.
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YoY Home Value Growth Sets Record for 13th Consecutive Month
According to the latest Zillow Real Estate Market Report, the housing market is as competitive as ever, moving at record pace. Buyer demand has been strong enough to keep the market moving at a...
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Appraisal Logistics Names Elizabeth Green Chief Strategy Officer
Industry vet joins provider of appraisal management technology and compliance solutions to direct product and services innovation.
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Austin Rents Soar by Nearly 50%, Marking Biggest Increase in U.S.
According to a new report from Redfin, the median monthly asking rent in the U.S. increased 15% year-over-year to a record high of $1,962 in April—slightly below March’s 17% increase—marking the...
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