Redfin economists predict the 30-year fixed mortgage rate will reach 4.3% by the end of 2022, as the Federal Reserve raises interest rates to help alleviate inflation.
Read More »Home Prices See Modest Rise in December
S&P Dow Jones Indices (S&P DJI) has released the latest results for the S&P CoreLogic Case-Shiller Indices for December 2021, showing that home prices continue to increase across the nation. ...
Read More »Big Tech Cities Dominate January’s Top Rental Markets
The U.S. median rental price surged nearly 20% in January, outpacing monthly starter homeownership costs in a majority of large metro markets.
Read More »Refis Drop to Just 50% of Overall App Volume
A rise in rates is putting the brakes on the refi market, as overall app volume continues its downward turn.
Read More »U.S. Sees Increases in Rent, Mortgages
Monthly listed rents in the U.S. increased 15.2% year over year to $1,891 in January, according to a new report from Redfin. This was the largest annual jump ...
Read More »Housing Markets See Positive Annual Appreciation
Housing markets have continued to experience positive annual appreciation since the start of 2012, while home prices rose in all 50 states.
Read More »Survey: Black Homeowners Feel Race Factored Into Appraisal Values
More than 30% of African-Americans polled in a new study believe that home values came in lower than expected.
Read More »Plaza Home Mortgage Revamps Its Wholesale Team
Full-service national correspondent and wholesale lender names Jeff Leinan EVP of National Wholesale Production, and adds Allyson Foley as EVP of Wholesale Ops.
Read More »Brooke Anderson Named SVP, Business Development and National Recruiting
New American Funding has named Brooke Anderson as their SVP, Business Development and National Recruiting. With 12 years of quality, professional recruiting experience in the mortgage industry, Anderson brings a ...
Read More »Pace of Gains in Opportunity Zones Surpass Nationwide Increase
Median home prices rose in majority of Opportunity Zones targeted for improvement, with prices again up nearly 20% annually.
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