Homeowners have seen their equity grow in excess of 30% over the last year, giving some borrowers a crutch against foreclosure.
Read More »Median Home Sale Prices Rise to Record High
Redfin reported median sale prices rose to a record high even as the number of homes for sale fell to an all-time low. Homebuyer demands is projected to ...
Read More »How Many Mortgage Holders Missed Their October Payments?
It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and ...
Read More »Jenny Rhodes Tapped to Lead HR for PennyMac
Financial services vet joins PennyMac to lead the company’s recruiting and human resources efforts.
Read More »Mortgage Rates Remain Low and Stable
With rates dropping slightly to 3.10%, a strengthening economy and improvements in employment numbers are two factors that will drive a strong housing market into 2022.
Read More »LoanLogics Names New Chief Revenue Officer
Quinn Thomas to lead sales, marketing, account management, and audit operations at the mortgage tech firm.
Read More »Falling Rates Spark Run on Refis
Overall mortgage application volume is on the rise, and with rates just above the 3% mark, refinances led purchase apps in a market still hamstrung by supply concerns.
Read More »Home Prices Expected to Continue Climb in 2022
Lack of inventory is not the only thing that will keep prices high—years of underbuilding by developers, elevated demand due to remote work, and low mortgage rates are all contributing factors.
Read More »First-Time Homeowners Experience Lack of Confidence in Homebuying
Hippo, a home insurance group harnessing real-time data, smart home technology, and a growing suite of home services, announced new findings from its 2021 Homeownership Report. The survey ...
Read More »Overall Housing Sentiment Remains Stable
A new study has found that 70% of respondents feel the economy is on the wrong track, as economic pessimism hits decade-long-high.
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