Daily Dose

As escalating mortgage rates and housing prices impacted potential buyers, pending sales retreated in all four major regions, with the West experiencing the largest monthly decline.

On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 ...

The U.S. Department of the Treasury has provided new guidance to increase investments in housing by utilizing American Rescue Plan funds to boost the nation’s supply of affordable options.

The MBA reports that overall application volume is down yet again, with lingering economic uncertainty and affordability issues keeping prospective buyers on the sidelines.

It’s no secret that the pandemic threw a wrench in the housing market upending traditional moving and migration patterns as those with the means fled crowded urban areas ...

Fannie Mae’s new index provides two measures: volume of unpaid principal balance in dollars and a loan count. The RALI sources data from Fannie Mae’s Desktop Underwriter to show both the past week’s refinance application trends and prepayment projections.

New experimental data from the American Community Survey revealed that cost burdens rose the fastest among families headed by a Black person, as Black renter household rates increased an overall 3.5 percentage points, reaching 51% in 2020.

Month-over-month, home prices fell 0.9% in May, as CoreLogic S&P Case-Shiller reports actions by the Federal Reserve to cool the market have made mortgage financing more expensive for buyers nationwide.

Signing bonuses are a widespread practice within the mortgage business, and STRATMOR Group Senior Partner Jim Cameron analyzed the industry’s approach toward them by highlighting how bonuses are structured, and how new data and tools can help lenders understand more about the potential of the loan officers they're retaining.

New data from Redfin recently revealed that buyers are seeking out less expensive areas like Tampa and San Antonio due to the surging cost of housing and other goods, limiting their ability to purchase homes in many U.S. cities.