As homebuyers relocate at unprecedented levels, some that have been priced out of their cities, have the option to flock to hotspots like Virginia Beach, San Antonio, and Bakersfield to find affordable homes priced below the national median.
Read More »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 ...
Read More »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.
Read More »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 ...
Read More »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 of two of ...
Read More »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.
Read More »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.
Read More »YoY Home Value Growth Sets Record for 13th Consecutive Month
U.S. home values increased nearly 21% in the past year, while the monthly mortgage payment on a typical home is now 52.5% higher than in 2021.
Read More »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 ...
Read More »Report: Origination Activity to Total $2.7 Trillion in 2022
Due to a litany of factors, Fannie Mae cut their predictions for origination activity, total sales, and GDP for 2022 and 2023.
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