After weeks of rising mortgage rates, continued economic unpredictability has driven rates down slightly this week, as homebuilder sentiment hit its lowest level in 24 months.
Read More »Brenda Hedeen Named CFO of Open Mortgage
Open Mortgage has selected Brenda Hedeen, CPA, as its new CFO to spearhead the firm's finance and accounting operations. In addition, Anthony Nolte, Open Mortgage's CFO and legal ...
Read More »Rate Hikes Continue to Drive Down Mortgage App Volume
With interest by prospective buyers waning, mortgage application volume fell 11% week-over-week, as economic volatility has forced some households to delay their home search.
Read More »Is the Housing Market Finding a Not-so-New Normal?
According to First American Chief Economist Mark Fleming, rising rates may cool house price appreciation, and bring a new norm to the market.
Read More »Expert Insights: Modernizing the Appraisal Process
Phil King of ServiceLink explains how the pandemic accelerated tech advancements in the appraisal space, as today’s appraiser joins the AI and machine learning revolution.
Read More »Housing Starts Decline Slightly in April
The rise in mortgage rates and inflationary concerns are impacting new residential construction, as borrower costs continue to force many prospective buyers to the sidelines.
Read More »California Renters Have Least Personal Space
The high cost of living in California combined with over-populated cities and a lack of available apartments, is pushing more people to live under the same roof in order to afford monthly rental and mortgage payments.
Read More »Fannie Mae Issues $5 Million to Help Advance Racial Equity in Housing
The latest issuance of the 2022 Sustainable Communities Innovation Challenge in efforts to further advance racial equity in housing, will implement and remove barriers currently preventing many households from purchasing or renting a home.
Read More »White House Issues Plan to Combat Housing Supply Limitations
The Housing Supply Action Plan, announced by the Biden-Harris Administration, hopes to ease costs by boosting the supply of quality housing in communities across the country.
Read More »AFR Names Christopher Guerin EVP of Origination and Business Development
New Jersey-based lender taps 15-plus year industry vet for new leadership role expanding the company’s origination division and overall business development.
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