“Tightening financial conditions are slowing economic activity, and consumers are drawing down savings and increasingly relying on credit cards as they seek to maintain current levels of consumption,” said Fannie Mae Chief Economist Doug Duncan.
Read More »VA Cash-Outs: Looking Back … and Forward
Adam Mercado of ClearPath Lending explains how the VA cash-out market has changed over the past couple of years, and what lies ahead for the sector.
Read More »Study Finds Americans Possess Minimal Knowledge of Housing Matters
New data shows Americans are as baffled by how real estate works as they are about cryptocurrency. According to a new Zillow survey, the study finds most Americans ...
Read More »Mortgage Rates Surge Ahead of Fed Rate Increase
Freddie Mac reported that mortgage rates experienced the largest one-week spike since gauging the metric in 1987—nearly doubling year-over-year.
Read More »Appraisal Logistics Names New SVP of Sales
Anthony Savala joins Appraisal Logistics as its new sales executive and will focus on finding new clients for both its appraisal management companies and appraisal management arms.
Read More »Real Estate Talent Study: Finding Recruiting Success in Creative Ways
With no sign of the talent markets normalizing anytime soon, having a pulse on trends and ways to differentiate your firm is critical. Click through to learn the takeaways from a new SitusAMC report.
Read More »Expert Insights: Understanding the Impact of Home Valuation Process Bias
Tai Christensen, DEI Officer of CBC Mortgage Agency, discusses how bias in the home valuation process impacts prospective homebuyers in communities of color.
Read More »Florida Tops Most Popular Relocation Destinations Again
Homebuyer migration remained at an all-time high in April and May, with 32.3% of Redfin.com users nationwide looking to move to a different metro area, according to a ...
Read More »Mortgage Application Volume Rebounds
After nearly a month of declines in mortgage application volume, the MBA reported that apps rose 6.6% week-over-week, as the industry braces itself for the latest rate hike by the Fed.
Read More »Fed Makes Historic Rate Hike to Combat Inflation
Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of ...
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