In November, the Federal Housing Finance Agency announced its annual change to the conforming loan limit for loans purchased by Fannie Mae and Freddie Mac (GSEs). For 2022, it was announced that the limit increased by 18% to $647,200, ...
Read More »Rate Locks Down 35% Year-Over-Year
The latest Originations Market Monitor from Black Knight Inc, shows another big slowdown in momentum in December as rate lock volumes fell across the board, driven by a 22.5% drop in purchase loan locks. The report leverages daily rate ...
Read More »Vermont Remains Top State to Move To
Migration is essential to the American way of life—people move seeking different climates, better job opportunities, cost of living, or to be closer to family. Long gone are the days of ...
Read More »Survey Finds Affordability to be Biggest Barrier to Homeownership
Re-issuing a survey first completed three years ago, PropertyShark, a property research firm for commercial and residential tracts, found that Millennials have become more pessimistic about their housing options than they were ...
Read More »Low Rates Keeping the Winter Market Strong
Looming threats of rising interest rates coming this year are pushing more homeseekers into the market who are eager to get into a home before those threats become a reality. According to ...
Read More »Fannie Mae on How Homebuyer Sentiment Is Shifting
According to a new survey by Fannie Mae, more consumers believe mortgage rates will tick up this year, possibly indicating a market slowdown.
Read More »Embrace Home Loans Expands into Boston
Embrace Home Loans, a national mortgage lender, announced that Meredith Spence has been named branch manager for the company's new Boston/Seaport District office. Spence will be responsible for staffing the ...
Read More »Report: Housing Supply Shortage Likely to Persist Through Spring
It seems that the new year will not bring any relief to weary homebuyers who have been fighting repeated months of low inventory, high prices, and inflation. According to the latest ...
Read More »Rocket Companies Announces New Leadership
Rocket Companies, the Detroit-based FinTech platform company consisting of tech-driven real estate, mortgage and financial services businesses—including Rocket Mortgage, Rocket Homes, Truebill, and Rocket Auto—today announced a series of promotions and leadership changes to ...
Read More »Florida Markets Expected to Remain Hot
Zillow predicts that the housing market will cool in 2022, but a number of hotspots have roared to life over the past two years show no signs of slowing. According to a new ...
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