Overall purchase and refi application volume has dropped week-over-week, as rates jumped following a three-week stretch of stability.
Read More »Florida Metros Show Lowest Percentage of Millennial Buyers
Across Miami, Jacksonville, and Tampa, an average of only 46.54% of mortgages were offered to millennials in 2021.
Read More »Rental Inventory Remains Scarce Amid Price Surge
Declining vacancy rates have contributed to record-breaking rent growth, as average annual rent price gains jumped to 7.8% in 2021.
Read More »Last Chance to Register: The State of Construction Lending Webinar
On Thursday, the Five Star Institute will partner with Granite Risk Management to present a webinar featuring panel of capital and risk management service providers discussing current trends and the future of the business.
Read More »When Will the GSEs Exit Conservatorship?
Not much has happened as of late in the discussion of bringing Fannie Mae and Freddie Mac out of conservatorship as current talks are in a “suspended animation” for the time being. Don Layton, former CEO of Freddie Mac, explores where conservatorship stands and what needs to happen in order for it to end.
Read More »Locals Increasingly Priced Out by Out-of-Town Buyers
A new study found that out-of-town buyers who came to Nashville, Philly, and New York City had a larger budget to purchase a home than locals.
Read More »Median Prices Rise in the Least Affordable Metros
Austin, Texas saw the biggest home price increase of any metro area in the U.S. in 2021, with home prices rising 35.5% year-over-year, according to a new OJO study.
Read More »Black Knight Announces Executive Changes, Acquisition of Optimal Blue
Black Knight will appoint Anthony Jabbour as Executive Chairman of the Board, Joe Nackashi as CEO, and Kirk Larsen as President/CFO, and finalizes deal for digital marketplace operator.
Read More »Homes Continue to Fly Off the Market
The number of homes for sale was down 29% from 2021, and down 50% from 2020, according to a new Redfin report.
Read More »FHFA Requests Input on its Strategic Plan
The Plan, covering 2022-2026, will serve as a roadmap for the agency overseeing the Federal Home Loan Bank System, and GSEs.
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