Continued low inventory and increasing affordability issues remain obstacles in a market experiencing continued low rates, as NAR issues key data gauging the course of the market to wrap up Q2.
Read More »Home Price Gains Outpace Q2 Wage Growth
Despite low mortgage rates, a new analysis examines finds that disproportionate number of U.S. counties experiencing an affordability imbalance.
Read More »Mortgage Rates Shift Gears
For the first time in 10 weeks, mortgage rates have risen above the 3% mark, with forecasters projecting a gradual rise in rates to close out 2021.
Read More »Homeowners Feeling Refi Reluctance
A new survey finds that more and more homeowners are passing on monthly savings, foregoing an ideal rate environment with rates still in the 3% range.
Read More »Mortgage Application Volume Continues to Push Upward
Both purchase apps and refis showed signs of improvement this week, as the MBA reported growth in both areas, despite mortgage rates hitting a four-week high.
Read More »Additional Space Spurs Homebuying Decisions
A new ServiceLink report analyzed homebuying trends over the past year, finding that the desire for more space to work remotely was a primary driver for most seeking a new home.
Read More »Lodasoft Integrates With Optimal Blue PPE
New partnership established to reduce friction for borrowers and lenders, and provides expanded access to pricing workflows to enhance productivity.
Read More »Agencies Asked to Prolong Pandemic Homeowner Protections
Rep. Maxine Waters issues letter requesting extended foreclosure protections as moratoria are set to expire.
Read More »Remote Work Drives Interest in Second Homes
The demand for vacation and second home sales is outpacing the overall growth in existing-home sales, according to a new survey.
Read More »PHH to Acquire Reverse Mortgage Solutions
Ocwen subsidiary PHH expects to double its reverse servicing/subservicing portfolio through latest acquisition of HUD-, FHA- and Fannie Mae-approved servicer of reverse mortgages.
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